U.S.: Plastic Supports Market 2025

Plastic Supports Market Size in the U.S.

The U.S. plastic supports market expanded slightly to $X in 2022, growing by 2.6% against the previous year. In general, consumption showed a prominent expansion. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Plastic Supports Production in the U.S.

In value terms, plastic supports production amounted to $X in 2022. Over the period under review, production saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 54%. Plastic supports production peaked at $X in 2020; afterwards, it flattened through to 2022.

Plastic Supports Exports

Exports from the U.S.

Plastic supports exports from the United States rose slightly to X tons in 2022, with an increase of 2.2% on 2021. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 38%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, plastic supports exports soared to $X in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Mexico (X tons) was the main destination for plastic supports exports from the United States, accounting for a 43% share of total exports. Moreover, plastic supports exports to Mexico exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), twofold. Canada (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico amounted to +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+23.2% per year) and Canada (+6.2% per year).

In value terms, Mexico ($X) remains the key foreign market for spools, cops, bobbins and similar supports of plastics exports from the United States, comprising 48% of total exports. The second position in the ranking was held by Canada ($X), with an 11% share of total exports. It was followed by Taiwan (Chinese), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value to Mexico amounted to +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+1.1% per year) and Taiwan (Chinese) (+9.9% per year).

Export Prices by Country

The average plastic supports export price stood at $X per ton in 2022, growing by 14% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Japan (+6.8%), while the prices for the other major destinations experienced a decline.

Plastic Supports Imports

Imports into the U.S.

In 2022, the amount of spools, cops, bobbins and similar supports of plastics imported into the United States skyrocketed to X tons, growing by 19% against 2021. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 57%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, plastic supports imports surged to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.4% 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 +66.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, imports reached 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 plastic supports supplier to the United States, with a 44% share of total imports. Moreover, plastic supports imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Mexico (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +27.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.4% per year) and Mexico (+29.3% per year).

In value terms, the largest plastic supports suppliers to the United States were Germany ($X), China ($X) and South Korea ($X), with a combined 59% share of total imports.

Among the main suppliers, South Korea, with a CAGR of +33.7%, 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 plastic supports import price stood at $X per ton in 2022, with an increase of 5.6% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 12%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :