U.S.: 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 the U.S.

In 2022, the U.S. market for cellular plates, sheets, film, foil and strip of plastics decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a mild setback. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in the U.S.

In value terms, production of cellular plates, sheets, film, foil and strip of plastics expanded to $X in 2022. Overall, production recorded a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Production of peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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

Exports from the U.S.

In 2022, overseas shipments of cellular plates, sheets, film, foil and strip of plastics were finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics surged to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons) was the main destination for exports of cellular plates, sheets, film, foil and strip of plastics from the United States, accounting for a X% share of total exports. Moreover, exports of cellular plates, sheets, film, foil and strip of plastics to Mexico exceeded the volume sent to the second major destination, Canada (X tons), threefold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and China (X% per year).

In value terms, Mexico ($X) remains the key foreign market for cellular plates, sheets, film, foil and strip of plastics exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and China (X% per year).

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, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Malaysia ($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 (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 the U.S.

In 2022, after six years of growth, there was significant decline in supplies from abroad of cellular plates, sheets, film, foil and strip of plastics, when their volume decreased by X% to X tons. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics rose remarkably to $X in 2022. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Canada (X tons), China (X tons) and Mexico (X tons) were the main suppliers of imports of cellular plates, sheets, film, foil and strip of plastics to the United States, with a combined X% share of total imports. India, Germany, South Korea, Taiwan (Chinese), Costa Rica, Poland, Italy, Japan, Colombia and Thailand lagged somewhat behind, together comprising a further X%.

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

In value terms, South Korea ($X), Canada ($X) and Mexico ($X) constituted the largest cellular plates, sheets, film, foil and strip of plastics suppliers to the United States, together comprising X% of total imports. Germany, China, Japan, Costa Rica, Taiwan (Chinese), India, Colombia, Italy, Thailand and Poland lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average import price for cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 South Korea ($X per ton), while the price for China ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform