Vietnam: Plastic Self-Adhesive Plate Market 2025

Plastic Self-Adhesive Plate Market Size in Vietnam

After two years of growth, the Vietnamese plastic self-adhesive plate market decreased by -1.2% to $X in 2022. Overall, consumption showed a perceptible descent. Plastic self-adhesive plate consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Plastic Self-Adhesive Plate Production in Vietnam

In value terms, plastic self-adhesive plate production reduced notably to $X in 2022 estimated in export price. Overall, production continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2013 with an increase of 35% against the previous year. Plastic self-adhesive plate production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Plastic Self-Adhesive Plate Exports

Exports from Vietnam

In 2022, plastic self-adhesive plate exports from Vietnam contracted notably to X tons, dropping by -18.4% compared with 2021 figures. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 75%. The exports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, plastic self-adhesive plate exports contracted sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. As a result, the exports reached the peak of $X, and then reduced notably in the following year.

Exports by Country

South Korea (X tons), India (X tons) and China (X tons) were the main destinations of plastic self-adhesive plate exports from Vietnam, together accounting for 58% of total exports. The United States, Brazil, Japan, Indonesia, Cambodia, Thailand, Hong Kong SAR, Malaysia, Mexico and Taiwan (Chinese) lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +70.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), India ($X) and China ($X) were the largest markets for plastic self-adhesive plate exported from Vietnam worldwide, with a combined 66% share of total exports. Brazil, the United States, Indonesia, Japan, Cambodia, Hong Kong SAR, Thailand, Malaysia, Mexico and Taiwan (Chinese) lagged somewhat behind, together comprising a further 26%.

Hong Kong SAR, with a CAGR of +85.8%, saw the highest growth rate of the value of exports, among 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 plastic self-adhesive plate export price stood at $X per ton in 2022, reducing by -5.2% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank in the following year.

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 ($X per ton), while the average price for exports to Japan ($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 China (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into Vietnam

In 2022, supplies from abroad of plastic self-adhesive plates, sheets and other flat shapes decreased by -3.1% to X tons for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, imports, however, posted a strong increase. The growth pace was the most rapid in 2013 when imports increased by 70% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then dropped slightly in the following year.

In value terms, plastic self-adhesive plate imports reduced to $X in 2022. In general, imports, however, showed a strong expansion. The growth pace was the most rapid in 2013 with an increase of 47%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest plastic self-adhesive plate supplier to Vietnam, accounting for a 72% share of total imports. Moreover, plastic self-adhesive plate imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), sixfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+7.2% per year) and Taiwan (Chinese) (+10.2% per year).

In value terms, China ($X), South Korea ($X) and Japan ($X) constituted the largest plastic self-adhesive plate suppliers to Vietnam, with a combined 86% share of total imports. Hong Kong SAR, Taiwan (Chinese), Thailand and Malaysia lagged somewhat behind, together accounting for a further 11%.

Hong Kong SAR, with a CAGR of +31.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic self-adhesive plate import price stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 37%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Malaysia ($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 (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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