Puerto Rico: Plastic Self-Adhesive Plate Market 2022

Plastic Self-Adhesive Plate Market Size in Puerto Rico

In 2021, the Puerto Rican plastic self-adhesive plate market increased by 25% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a pronounced descent. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Plastic Self-Adhesive Plate Production in Puerto Rico

In value terms, plastic self-adhesive plate production soared to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of 72%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Plastic Self-Adhesive Plate Exports

Exports by Country

China was the key exporter of plastic self-adhesive plates, sheets and other flat shapes in the world, with the volume of exports reaching X tons, which was approx. 35% of total exports in 2021. Italy (X tons) ranks second in terms of the total exports with an 8.5% share, followed by Germany (8%). Taiwan (Chinese) (X tons), South Korea (X tons), France (X tons), Luxembourg (X tons), Japan (X tons), Belgium (X tons), Poland (X tons), the Netherlands (X tons), Malaysia (X tons) and the UK (X tons) took a minor share of total exports.

Exports from China increased at an average annual rate of +8.7% from 2012 to 2021. At the same time, Poland (+11.4%), Luxembourg (+10.4%), Malaysia (+8.0%), Belgium (+5.9%), the Netherlands (+5.4%), the UK (+5.3%), France (+5.3%), South Korea (+3.3%), Italy (+2.4%) and Germany (+1.6%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +11.4% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-5.8%) illustrated a downward trend over the same period. While the share of China (+13 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Taiwan (Chinese) (-5.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 42% share of total exports. These countries were followed by South Korea, Italy, Taiwan (Chinese), Belgium, France, the UK, Poland, the Netherlands, Luxembourg and Malaysia, which together accounted for a further 31%.

Among the main exporting countries, Poland, with a CAGR of +15.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, stabilizing at the previous year. In general, the export price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.6%), while the other leaders experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports by Country

In 2021, Mexico (X tons), followed by the United States (X tons) were the main importers of plastic self-adhesive plates, sheets and other flat shapes, together creating 17% of total imports. The following importers - Germany (X tons), Vietnam (X tons), the UK (X tons), China (X tons), France (X tons), Belgium (X tons), Italy (X tons), Spain (X tons), Indonesia (X tons), Poland (X tons) and Russia (X tons) - together made up 35% of total imports.

From 2012 to 2021, average annual rates of growth with regard to plastic self-adhesive plate imports into Mexico stood at +2.9%. At the same time, Vietnam (+20.6%), Belgium (+11.1%), Indonesia (+9.7%), Italy (+5.5%), Spain (+4.2%), the UK (+3.7%), China (+3.4%), Poland (+2.8%), the United States (+2.7%), France (+2.6%) and Germany (+1.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of +20.6% from 2012-2021. Russia experienced a relatively flat trend pattern. While the share of Vietnam (+2.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, with a combined 24% share of total imports. Mexico, Vietnam, France, the UK, Poland, Italy, Belgium, Spain, Russia and Indonesia lagged somewhat behind, together accounting for a further 29%.

In terms of the main importing countries, Vietnam, with a CAGR of +18.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :