Eastern Asia: Polyethilene Bag Market 2020

Polyethilene Bag Market Size in Eastern Asia

The revenue of the polyethilene bag market in Eastern Asia amounted to $X in 2017, flattening at the previous year. The polyethilene bag consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. Over the period under review, the polyethilene bag market attained its maximum level of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Polyethilene Bag Production in Eastern Asia

In 2017, approx. X tons of sacks and bags of polyethylene or polypropylene strip were produced in Eastern Asia; standing approx. at the previous year. The polyethilene bag production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. The volume of polyethilene bag production peaked in 2017, and is expected to retain its growth in the immediate term.

Polyethilene Bag Exports in Eastern Asia

In 2017, polyethilene bag exports in Eastern Asia stood at X tons, coming up by X% against the previous year. The total exports indicated a prominent 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 exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the polyethilene bag exports reached its maximum volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, polyethilene bag exports totaled $X in 2017. The total exports indicated a strong 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. Based on 2017 figures, the polyethilene bag exports decreased by -X% against 2015 indices. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Polyethilene Bag Exports by Country in Eastern Asia

In 2017, China (X tons) represented the key exporters of sacks and bags of polyethylene or polypropylene strip in Eastern Asia, creating X% of total export.

China was also the fastest growing in terms of the sacks and bags of polyethylene or polypropylene strip exports, with a CAGR of +X% from 2007 to 2017. While the share of China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest polyethilene bag supplier in Eastern Asia.

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

Polyethilene Bag Export Prices by Country in Eastern Asia

The polyethilene bag export price in Eastern Asia stood at $X per ton in 2017, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. Over the period under review, the export prices for sacks and bags of polyethylene or polypropylene strip reached its maximum level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for China.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Polyethilene Bag Imports in Eastern Asia

The imports stood at X tons in 2017, going up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, polyethilene bag imports totaled $X in 2017. The total imports indicated a strong 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. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Polyethilene Bag Imports by Country in Eastern Asia

Japan (X tons) and South Korea (X tons) prevails in polyethilene bag imports structure, together constituting X% of total imports. It was distantly followed by Taiwan, Chinese (X tons), generating X% share of total imports. China (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 China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest polyethilene bag markets worldwide were Japan ($X), South Korea ($X) and Taiwan, Chinese ($X), together accounting for X% of total imports. China lagged somewhat behind, comprising a further X%.

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

Polyethilene Bag Import Prices by Country in Eastern Asia

The polyethilene bag import price in Eastern Asia stood at $X per ton in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. 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 failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per ton), while Taiwan, Chinese ($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