Global Polyethilene Bag Market 2020

Polyethilene Bag Market Size

The global polyethilene bag market revenue amounted to $X in 2017, going up by X% against the previous year. In general, polyethilene bag consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the global polyethilene bag market attained their peak level of $X. From 2015 to 2017, growth of the global polyethilene bag market failed to regain its momentum.

Polyethilene Bag Production

In 2017, approx. X tons of sacks and bags of polyethylene or polypropylene strip were produced worldwide; going up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; 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 2015, with an increase of X% y-o-y. Global polyethilene bag production peaked in 2017, and is expected to retain its growth in the near future.

Polyethilene Bag Exports

Global exports stood at X tons in 2017, growing by X% against the previous year. Overall, the total exports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the polyethilene bag exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% y-o-y. Over the period under review, the global polyethilene bag exports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, polyethilene bag exports amounted to $X in 2017. In general, the total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the global polyethilene bag exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Polyethilene Bag Exports by Country

China represented the main exporter of sacks and bags of polyethylene or polypropylene strip in the world, with the volume of exports accounting for X tons, which was near X% of total exports in 2017. India (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Vietnam (X%), Turkey (X%) and Iran (X%). Thailand (X tons), Indonesia (X tons), Belgium (X tons), Mexico (X tons) and Bangladesh (X tons) occupied the weak share of total exports.

From 2007 to 2017, average annual rates of growth with regard to polyethilene bag exports from China stood at +X%. At the same time, India (+X%), Bangladesh (+X%), Iran (+X%), Vietnam (+X%), Belgium (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Turkey experienced a relatively flat trend pattern. By contrast, Mexico (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Thailand, Iran, Vietnam, India and China decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest polyethilene bag supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Vietnam (+X% per year).

Polyethilene Bag Export Prices by Country

In 2017, the average polyethilene bag export price amounted to $X per ton, leveling off at the previous year. Overall, polyethilene bag export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the average export prices for sacks and bags of polyethylene or polypropylene strip attained its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Iran (+X% per year), while the other global leaders experienced more modest paces of growth.

Polyethilene Bag Imports

In 2017, approx. X tons of sacks and bags of polyethylene or polypropylene strip were imported worldwide; increasing by X% against the previous year. In general, the total imports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the polyethilene bag imports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the global polyethilene bag imports reached its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, polyethilene bag imports stood at $X in 2017. In general, the total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Global imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Polyethilene Bag Imports by Country

The U.S. (X tons), Japan (X tons) and South Korea (X tons) represented roughly X% of total imports of sacks and bags of polyethylene or polypropylene strip in 2017. It was distantly followed by Germany (X tons), comprising X% share of total imports. Russia (X tons), the Netherlands (X tons), France (X tons), Belgium (X tons), Spain (X tons), Italy (X tons), the UK (X tons) and Australia (X tons) held the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Belgium (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of global imports.

South Korea (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other global leaders experienced more modest paces of growth.

Polyethilene Bag Import Prices by Country

In 2017, the average polyethilene bag import price amounted to $X per ton, remaining stable against the previous year. Overall, polyethilene bag import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the average import prices increased by X% against the previous year. Over the period under review, the average import prices for sacks and bags of polyethylene or polypropylene strip reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform