Singapore: Plastic Self-Adhesive Plate Market 2025

Plastic Self-Adhesive Plate Market Size in Singapore

After five years of growth, the Singaporean plastic self-adhesive plate market decreased by -12.8% to $X in 2022. In general, consumption, however, showed a prominent increase. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Plastic Self-Adhesive Plate Production in Singapore

In value terms, plastic self-adhesive plate production reduced markedly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 233% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Plastic Self-Adhesive Plate Exports

Exports from Singapore

In 2022, plastic self-adhesive plate exports from Singapore fell to X tons, with a decrease of -8% compared with 2021 figures. In general, exports, however, recorded a measured increase. The pace of growth appeared the most rapid in 2016 when exports increased by 37% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, plastic self-adhesive plate exports expanded modestly to $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Indonesia (X tons), China (X tons) and Malaysia (X tons) were the main destinations of plastic self-adhesive plate exports from Singapore, with a combined 60% share of total exports. Australia, Thailand, India, Nigeria and Hong Kong SAR lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +132.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Indonesia ($X) and Malaysia ($X) appeared to be the largest markets for plastic self-adhesive plate exported from Singapore worldwide, with a combined 61% share of total exports. Thailand, India, Australia, Hong Kong SAR and Nigeria lagged somewhat behind, together comprising a further 17%.

Among the main countries of destination, Nigeria, with a CAGR of +129.6%, 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 average plastic self-adhesive plate export price stood at $X per ton in 2022, with an increase of 14% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 38% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into Singapore

In 2022, overseas purchases of plastic self-adhesive plates, sheets and other flat shapes decreased by -6.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, plastic self-adhesive plate imports reduced to $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and the United States (X tons) were the main suppliers of plastic self-adhesive plate imports to Singapore, with a combined 63% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +19.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic self-adhesive plate suppliers to Singapore were the United States ($X), Japan ($X) and China ($X), with a combined 65% share of total imports. Taiwan (Chinese), Malaysia, Germany and South Korea lagged somewhat behind, together accounting for a further 27%.

Taiwan (Chinese), with a CAGR of +12.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic self-adhesive plate import price stood at $X per ton in 2022, shrinking by -4.2% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 15% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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