Eastern Asia: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Eastern Asia

In 2023, the East Asian market for self-adhesive plastic tape in rolls of a width under Xcm decreased by X% to $X, falling for the sixth consecutive year after two years of growth. Overall, consumption showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under Xcm in Eastern Asia

In value terms, production of self-adhesive plastic tape in rolls of a width under Xcm fell to $X in 2023 estimated in export price. Over the period under review, production showed a perceptible slump. The most prominent rate of growth was recorded in 2022 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in overseas shipments of self-adhesive plastic tape in rolls of a width under Xcm, which increased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs in 2023 and are likely to see steady growth in years to come.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm dropped modestly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2022, and then dropped modestly in the following year.

Exports by Country

China prevails in Xcm structure, finishing at X tons, which was approx. X% of total exports in 2023. It was distantly followed by Taiwan (Chinese) (X tons), creating a X% share of total exports. The following exporters - South Korea (X tons) and Japan (X tons) - together made up X% of total exports.

China was also the fastest-growing in terms of the self-adhesive plastic tape in rolls of a width under Xcm exports, with a CAGR of X% from 2012 to 2023. South Korea experienced a relatively flat trend pattern. Japan (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan and Taiwan (Chinese) saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest self-adhesive plastic tape in rolls of a width under Xcm supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with an X% share of total exports. It was followed by Japan, with an X% share.

In China, exports of self-adhesive plastic tape in rolls of a width under Xcm increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, falling by X% against the previous year. Overall, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports in Eastern Asia

In 2023, supplies from abroad of self-adhesive plastic tape in rolls of a width under Xcm decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a mild slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm shrank notably to $X in 2023. Overall, imports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Japan (X tons) was the largest importer of self-adhesive plastic tape in rolls of a width under Xcm, comprising X% of total imports. South Korea (X tons) ranks second in terms of the total imports with a X% share, followed by China (X%) and Hong Kong SAR (X%). Taiwan (Chinese) (X tons) took a minor share of total imports.

Imports into Japan increased at an average annual rate of X% from 2012 to 2023. At the same time, Taiwan (Chinese) (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, China (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of Japan (X p.p.), South Korea (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of China (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, China ($X), Japan ($X) and Hong Kong SAR ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. South Korea and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Eastern Asia amounted to $X per ton, which is down by X% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform