Thailand: Market for Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Thailand

The Thai market for cellular plates, sheets, film, foil and strip of plastics was estimated at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Thailand

In value terms, production of cellular plates, sheets, film, foil and strip of plastics expanded slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Thailand

After two years of growth, shipments abroad of cellular plates, sheets, film, foil and strip of plastics decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2021, and then reduced rapidly in the following year.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics shrank remarkably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted remarkably in the following year.

Exports by Country

The United States (X tons), Japan (X tons) and Australia (X tons) were the main destinations of exports of cellular plates, sheets, film, foil and strip of plastics from Thailand, together accounting for X% of total exports. The Philippines, India, Myanmar, Indonesia, South Korea, Malaysia, Vietnam, China, Pakistan and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and the Philippines ($X) constituted the largest markets for cellular plates, sheets, film, foil and strip of plastics exported from Thailand worldwide, with a combined X% share of total exports. India, Malaysia, Vietnam, Indonesia, South Korea, China, Myanmar, Australia, Pakistan and Brazil lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Vietnam, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average export price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, increasing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Australia ($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 Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Thailand

In 2022, the amount of cellular plates, sheets, film, foil and strip of plastics imported into Thailand stood at X tons, increasing by X% against the previous year. Overall, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics expanded slightly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest cellular plates, sheets, film, foil and strip of plastics supplier to Thailand, with a X% share of total imports. Moreover, imports of cellular plates, sheets, film, foil and strip of plastics from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of cellular plates, sheets, film, foil and strip of plastics to Thailand, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average import price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform