Northern America: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Northern America

The North American market for self-adhesive plastic tape in rolls of a width under 20cm was estimated at $X in 2022, with an increase of 2% against the previous year. The market value increased at an average annual rate of +4.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Northern America

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 18%. Over the period under review, production of reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports in Northern America

In 2022, overseas shipments of self-adhesive plastic tape in rolls of a width under 20cm decreased by -3.9% to X tons, falling for the fifth consecutive year after six years of growth. Over the period under review, exports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 16%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm totaled $X in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The shipments of the two major exporters of self-adhesive plastic tape in rolls of a width under 20cm, namely the United States and Canada, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of +2.0%).

In value terms, the United States ($X) remains the largest self-adhesive plastic tape in rolls of a width under 20cm supplier in Northern America, comprising 85% of total exports. The second position in the ranking was taken by Canada ($X), with a 15% share of total exports.

In the United States, exports of self-adhesive plastic tape in rolls of a width under 20cm expanded at an average annual rate of +2.3% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, growing by 13% against the previous year. Overall, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 70%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.0%).

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports in Northern America

In 2022, supplies from abroad of self-adhesive plastic tape in rolls of a width under 20cm increased by 5.8% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 9.9% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm amounted to $X in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The United States represented the main importing country with an import of around X tons, which reached 75% of total imports. It was distantly followed by Canada (X tons), creating a 25% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to self-adhesive plastic tape in rolls of a width under 20cm imports into the United States stood at +1.2%. At the same time, Canada (+1.6%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +1.6% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported self-adhesive plastic tape in rolls of a width under 20cm in Northern America, comprising 71% of total imports. The second position in the ranking was taken by Canada ($X), with a 29% share of total imports.

In the United States, imports of self-adhesive plastic tape in rolls of a width under 20cm increased at an average annual rate of +4.9% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, increasing by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2019 an increase of 17% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%).

Source: IndexBox Platform

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