South-Eastern Asia: Polyethilene Bag Market 2020

Polyethilene Bag Market Size in South-Eastern Asia

The revenue of the polyethilene bag market in South-Eastern Asia amounted to $X in 2017, waning by -X% against the previous year. The polyethilene bag consumption continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2009, when it surged by X% year-to-year. In that year, the polyethilene bag market reached their peak level of $X. From 2010 to 2017, growth of the polyethilene bag market failed to regain its momentum.

Polyethilene Bag Production in South-Eastern Asia

In 2017, production of sacks and bags of polyethylene or polypropylene strip in South-Eastern Asia stood at X tons, remaining relatively unchanged against the previous year. The polyethilene bag production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when the output figure increased by X% y-o-y. The volume of polyethilene bag production peaked in 2017, and is expected to retain its growth in the immediate term.

Polyethilene Bag Exports in South-Eastern Asia

In 2017, polyethilene bag exports in South-Eastern Asia totaled X tons, growing by X% against the previous year. The total exports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the polyethilene bag exports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2010, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, polyethilene bag exports amounted to $X in 2017. The polyethilene bag exports continue to indicate a strong growth. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Polyethilene Bag Exports by Country in South-Eastern Asia

In 2017, Vietnam (X tons) represented the main exporter for sacks and bags of polyethylene or polypropylene strip, committing X% of total exports. It was distantly followed by Thailand (X tons), Indonesia (X tons) and the Philippines (X tons), together committing X% share of total exports. Cambodia (X tons) followed a long way behind the leaders.

Exports from Vietnam increased at an average annual rate of +X% from 2007 to 2017. At the same time, Cambodia (+X%), the Philippines (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Indonesia (-X%) illustrated a downward trend over the same period. Indonesia (X%) significantly strengthened its position in terms of the global exports, while Cambodia, the Philippines, Thailand and Vietnam saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Vietnam ($X) remains the largest polyethilene bag supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports. It was followed by Indonesia, with a X% share.

In Vietnam, polyethilene bag exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Indonesia (-X% per year).

Polyethilene Bag Export Prices by Country in South-Eastern Asia

In 2017, the polyethilene bag export price in South-Eastern Asia amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Vietnam ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Cambodia (+X% per year), while the other leaders experienced more modest paces of growth.

Polyethilene Bag Imports in South-Eastern Asia

In 2017, imports of sacks and bags of polyethylene or polypropylene strip in South-Eastern Asia totaled X tons, increasing by X% against the previous year. The polyethilene bag imports continue to indicate a strong growth. The growth pace was the most rapid in 2010, when imports increased by X% against the previous year. Over the period under review, the polyethilene bag imports attained its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, polyethilene bag imports amounted to $X in 2017. The polyethilene bag imports continue to indicate a strong expansion. Over the period under review, the polyethilene bag imports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Polyethilene Bag Imports by Country in South-Eastern Asia

Malaysia represented the key importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Thailand (X tons), Myanmar (X tons), Singapore (X tons), the Philippines (X tons), Cambodia (X tons) and Vietnam (X tons), together constituting X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to polyethilene bag imports into Malaysia stood at +X%. At the same time, Myanmar (+X%), the Philippines (+X%), Vietnam (+X%), Cambodia (+X%), Thailand (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. While the share of Singapore (-X%), Vietnam (-X%), Cambodia (-X%), Thailand (-X%), the Philippines (-X%), Myanmar (-X%) and Malaysia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest polyethilene bag markets worldwide were Malaysia ($X), Thailand ($X) and Myanmar ($X), together accounting for X% of total imports.

Myanmar (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Polyethilene Bag Import Prices by Country in South-Eastern Asia

The polyethilene bag import price in South-Eastern Asia stood at $X per ton in 2017, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010, an increase of X% year-to-year. Over the period under review, the import prices for sacks and bags of polyethylene or polypropylene strip reached its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Cambodia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform