Asia-Pacific: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Asia-Pacific

The Asia-Pacific market for cellular plates, sheets and films of polyymers of styrene expanded modestly to $X in 2023, surging by X% against the previous year. The total consumption indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Asia-Pacific

In value terms, production of cellular plates, sheets and films of polyymers of styrene amounted to $X in 2023 estimated in export price. The total production indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports in Asia-Pacific

In 2023, shipments abroad of cellular plates, sheets and films of polyymers of styrene increased by X% to X tons, rising for the second year in a row after four years of decline. The total export volume 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 in certain years. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene contracted rapidly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped remarkably in the following year.

Exports by Country

China was the key exporting country with an export of about X tons, which accounted for X% of total exports. Malaysia (X tons) ranks second in terms of the total exports with a X% share, followed by South Korea (X%). The following exporters - Vietnam (X tons) and Thailand (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%), Thailand (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China and Vietnam increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest polystyrene cellular plates, sheets and films supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then dropped sharply in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports in Asia-Pacific

In 2023, purchases abroad of cellular plates, sheets and films of polyymers of styrene increased by X% to X tons for the first time since 2019, thus ending a three-year declining trend. Total imports indicated a buoyant expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene expanded notably to $X in 2023. Total imports indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of cellular plates, sheets and films of polyymers of styrene in 2023 were the Philippines (X tons), Malaysia (X tons), Vietnam (X tons) and Myanmar (X tons), together resulting at X% of total import. It was distantly followed by Indonesia (X tons), creating a X% share of total imports. India (X tons), Australia (X tons), Singapore (X tons), Thailand (X tons) and South Korea (X tons) held a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Malaysia ($X) and the Philippines ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Vietnam, 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 more modest paces of growth.

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price saw a perceptible reduction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform