Asia: Polyethilene Bag Market 2020

Polyethilene Bag Market Size in Asia

The revenue of the polyethilene bag market in Asia amounted to $X in 2017, approximately reflecting the previous year. The polyethilene bag consumption continues to indicate a slight slump. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. The level of polyethilene bag consumption peaked of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Polyethilene Bag Production in Asia

In 2017, production of sacks and bags of polyethylene or polypropylene strip in Asia amounted to X tons, 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 consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% y-o-y. Over the period under review, the polyethilene bag production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Polyethilene Bag Exports in Asia

The exports totaled X tons in 2017, rising by X% against the previous year. The total exports indicated a prominent increase 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 2013 indices. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Over the period under review, the polyethilene bag exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, polyethilene bag exports totaled $X in 2017. The total exports indicated a remarkable increase 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. Based on 2017 figures, the polyethilene bag exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Polyethilene Bag Exports by Country in Asia

In 2017, China (X tons) represented the major exporter for sacks and bags of polyethylene or polypropylene strip, comprising X% of total exports. India (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Vietnam (X%), Turkey (X%) and Iran (X%). The following exporters - Thailand (X tons) and Indonesia (X tons) together made up X% 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%), Iran (+X%), Vietnam (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Turkey experienced a relatively flat trend pattern. By contrast, Indonesia (-X%) illustrated a downward trend over the same period. While the share of Thailand (-X%), Iran (-X%), Vietnam (-X%), India (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, polyethilene bag exports expanded at an average annual rate of +X% over the period from 2007-2017. 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 Asia

The polyethilene bag export price in Asia stood at $X per ton in 2017, standing approx. at the previous year. The polyethilene bag export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, an increase of X% against the previous year. Over the period under review, the export prices for sacks and bags of polyethylene or polypropylene strip reached its peak figure 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 leaders experienced more modest paces of growth.

Polyethilene Bag Imports in Asia

In 2017, polyethilene bag imports in Asia totaled X tons, surging by X% against the previous year. The total imports indicated a prominent 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 imports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Over the period under review, the polyethilene bag imports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, polyethilene bag imports stood at $X in 2017. The total imports indicated a remarkable increase 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. Based on 2017 figures, the polyethilene bag imports increased by +X% against 2014 indices. Over the period under review, the polyethilene bag imports reached its maximum level in 2017, and are likely to see steady growth in the near future.

Polyethilene Bag Imports by Country in Asia

In 2017, Japan (X tons) and South Korea (X tons) represented the main importers of sacks and bags of polyethylene or polypropylene strip in the globe, together generating X% of total imports. Taiwan, Chinese (X tons) took the second position in the ranking, followed by Kazakhstan (X tons). All these countries together occupied approx. X% share of total imports. Malaysia (X tons), the United Arab Emirates (X tons), Israel (X tons), Thailand (X tons), Myanmar (X tons), Singapore (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

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

In value terms, Japan ($X), South Korea ($X) and Taiwan, Chinese ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Malaysia, Israel, Kazakhstan, Thailand, Myanmar, Saudi Arabia, Singapore and the United Arab Emirates, which together accounted for a further X%.

Myanmar (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Polyethilene Bag Import Prices by Country in Asia

In 2017, the polyethilene bag import price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, an increase of X% y-o-y. Over the period under review, the 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 Saudi Arabia ($X per ton), while Kazakhstan ($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 Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform