U.S.: Unlaminated Plastics Film Market 2024

Unlaminated Plastics Film Market Size in the U.S.

The U.S. unlaminated plastics film market expanded rapidly to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Unlaminated Plastics Film Production in the U.S.

In value terms, unlaminated plastics film production amounted to $X in 2022. Over the period under review, production, however, continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Unlaminated plastics film production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Unlaminated Plastics Film Exports

Exports from the U.S.

In 2022, shipments abroad of unlaminated plastics film and sheet (except packaging) decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. The total export volume increased at an average annual rate of X% from 2013 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, unlaminated plastics film exports amounted to $X in 2022. The total export value increased at an average annual rate of X% from 2013 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Canada (X tons), Mexico (X tons) and India (X tons) were the main destinations of unlaminated plastics film exports from the United States, together accounting for X% of total exports.

From 2013 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unlaminated plastics film exported from the United States were Mexico ($X), Canada ($X) and China ($X), together comprising X% of total exports. Germany, the UK, Hong Kong SAR, Belgium, the Dominican Republic, Brazil, India and Malaysia lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average unlaminated plastics film export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Unlaminated Plastics Film Imports

Imports into the U.S.

For the tenth consecutive year, the United States recorded growth in purchases abroad of unlaminated plastics film and sheet (except packaging), which increased by X% to X tons in 2022. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, unlaminated plastics film imports expanded significantly to $X in 2022. Over the period under review, total imports indicated a prominent increase from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main suppliers of unlaminated plastics film imports to the United States, with a combined X% share of total imports. Oman, South Korea, India, Germany, Taiwan (Chinese), Vietnam, Thailand, Israel, Italy and Turkey lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) constituted the largest supplier of unlaminated plastics film and sheet (except packaging) to the United States, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

From 2013 to 2022, the average annual growth rate of value from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and South Korea (X% per year).

Import Prices by Country

The average unlaminated plastics film import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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