echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Market analysis of plastic products industry in 2020: overcapacity

    Market analysis of plastic products industry in 2020: overcapacity

    • Last Update: 2022-06-14
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    【Market analysis of chemical machinery equipment network ]
     
    Market analysis of chemical machinery equipment networkChemical machinery and equipment
    Production and sales have rebounded, and the industry has overcapacity
     
    Production and sales have rebounded, and the industry has overcapacity
    After decades of rapid development, our countryThe plastic products industry is constantly developing and changing 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 policies and the release of plastic restriction policies issued by various provinces.
    .
    In 2019, the output of plastic products rebounded to 81.
    842 million tons.
    plastic products
    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.
      Exports are greater than imports, and the industry's domestic demand is insufficient
     
    Exports 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%.
      Prices have fallen since 2019, and prices have rebounded slightly recently
     
    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.
      The above data comes from the "China Plastic Products Industry Production and Sales Demand and Investment Forecast Analysis Report" by the Qianzhan Industry Research Institute.
    At the same time, the Qianzhan Industry Research Institute provides solutions such as industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.

     

      Original title: Analysis of the current market development status of the plastic products industry in 2020, industry overcapacity [Photos]
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.