Southern Asia: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Southern Asia

The South Asian plastic self-adhesive plate market totaled $X in 2022, with an increase of 5.5% against the previous year. In general, consumption continues to indicate buoyant growth. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Plastic Self-Adhesive Plate Production in Southern Asia

In value terms, plastic self-adhesive plate production stood at $X in 2022 estimated in export price. In general, production saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 63%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Plastic Self-Adhesive Plate Exports

Exports in Southern Asia

In 2022, the amount of plastic self-adhesive plates, sheets and other flat shapes exported in Southern Asia rose sharply to X tons, with an increase of 6.2% on the previous year. Overall, exports posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, plastic self-adhesive plate exports expanded slightly to $X in 2022. In general, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of 55%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, India (X tons) represented the main exporter of plastic self-adhesive plates, sheets and other flat shapes in Southern Asia, mixing up 99% of total export.

India was also the fastest-growing in terms of the plastic self-adhesive plates, sheets and other flat shapes exports, with a CAGR of +16.0% from 2012 to 2022. India (+7.9 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest plastic self-adhesive plate supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India amounted to +14.6%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, shrinking by -1.8% against the previous year. In general, the export price saw a slight decrease. The growth pace was the most rapid in 2019 an increase of 13% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.3% per year.

Plastic Self-Adhesive Plate Imports

Imports in Southern Asia

In 2022, the amount of plastic self-adhesive plates, sheets and other flat shapes imported in Southern Asia expanded slightly to X tons, increasing by 4.8% against 2021. Overall, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 38%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, plastic self-adhesive plate imports rose markedly to $X in 2022. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 34%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

India represented the largest importing country with an import of around X tons, which reached 59% of total imports. Pakistan (X tons) took the second position in the ranking, followed by Bangladesh (X tons). All these countries together held approx. 37% share of total imports. Sri Lanka (X tons) held a relatively small share of total imports.

Imports into India increased at an average annual rate of +10.0% from 2012 to 2022. At the same time, Bangladesh (+12.2%), Pakistan (+10.5%) and Sri Lanka (+3.7%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +12.2% from 2012-2022. From 2012 to 2022, the share of Bangladesh increased by +3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported plastic self-adhesive plates, sheets and other flat shapes in Southern Asia, comprising 74% of total imports. The second position in the ranking was held by Bangladesh ($X), with an 11% share of total imports. It was followed by Pakistan, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value in India amounted to +10.0%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+12.8% per year) and Pakistan (+8.3% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, growing by 5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 5.3% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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