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    Home > Chemicals Industry > China Chemical > Insufficient domestic demand in the plastic products industry has recently seen a slight rebound in prices

    Insufficient domestic demand in the plastic products industry has recently seen a slight rebound in prices

    • Last Update: 2022-03-11
    • Source: Internet
    • Author: User
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    [ Market analysis of chemical machinery equipment network ]
     
    Chemical machinery and equipment network market analysis chemical machinery and equipment
    1.
    In 2019, the production and sales of China's plastic products rebounded, and the industry was overcapacity
     
    1.
    In 2019, the production and sales of China's plastic products rebounded, and the industry has overcapacity plastic products
    After decades of rapid development, my country's plastic products industry has continued to develop and change in the adjustment, transformation and upgrading of the industrial structure.
    According to national* data, the output of plastic products in China declined from 2016 to 2018.
    In 2018, the output of plastic products in China was 60.
    421 million tons, and the output of plastic products declined, mainly related to China's environmental protection policy and the release of plastic restriction policies issued by various provinces .
    In 2019, the output of plastic products rebounded to 81.
    842 million tons.
    From 2016 to 2019, the sales volume of plastic products in my country showed a fluctuating trend.
    From 2016 to 2018, the sales volume decreased year by year.
    In 2019, the sales volume was 76.
    99 million tons, a significant year-on-year increase of 31.
    48%.
      From the perspective of industry production and sales rate, China's plastic products are generally in a state of overcapacity.
    The production and sales rate in 2016-2019 is below 100%.
    At the same time, the export of plastic products has grown rapidly and domestic sales have declined, reflecting the lack of domestic demand in the domestic plastics market.
      2.
    China’s exports of plastic products are greater than imports, and the industry’s domestic demand is insufficient
     
    2.
    China’s exports of plastic products are greater than imports, and the industry’s domestic demand is insufficient
      According to * data, from 2012 to 2019, China's exports of plastic products were much higher than imports.
    In 2019, the export value of plastic products was 48.
    314 billion U.
    S.
    dollars, a year-on-year increase of 11.
    19%.
    From the perspective of import value, China's plastic products import value in 2019 was 5.
    498 billion U.
    S.
    dollars, a year-on-year increase of 0.
    55%.
      3.
    Prices have fallen since 2019, and prices have rebounded slightly recently
     
    3.
    Prices have fallen since 2019, and prices have rebounded slightly recently
      According to statistics from Zhejiang Plastic City, since 2019, China's plastic prices have fallen steadily.
    At the beginning of 2019, it was 956.
    52.
    By the end of March 2020, the plastic price index had fallen to 755.
    67 points.
    From March to early September 2020, plastic prices rose steadily.
    As of September 9, 2020, the plastic price index was 907.
    82 points.

     

      Original Title: Market Analysis of China's Plastic Products Industry in 2020: Insufficient Domestic Demand in the Market Recently Prices Have Slightly Rebounded
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