Australia - Plastic Packaging - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Plastic Packaging - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Packaging Price in Australia - 2023

Contents:

  1. Plastic Packaging Price in Australia (CIF) - 2022
  2. Plastic Packaging Price in Australia (FOB) - 2022
  3. Plastic Packaging Imports in Australia
  4. Plastic Packaging Exports in Australia

Plastic Packaging Price in Australia (CIF) - 2022

In 2022, the average plastic packaging import price amounted to $3,490 per ton, picking up by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,911 per ton), while the price for Vietnam ($2,319 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Plastic Packaging Price in Australia (FOB) - 2022

The average plastic packaging export price stood at $5,677 per ton in 2022, with an increase of 8.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 18%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($8,130 per ton), while the average price for exports to China ($4,431 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Packaging Imports in Australia

In 2022, approx. 273K tons of plastic packaging were imported into Australia; surging by 3.9% on 2021 figures. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 8.4%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, plastic packaging imports rose rapidly to $953M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Plastic Packaging in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35639445548610.9%
Malaysia72.883.799.713322.2%
Thailand69.268.277.594.410.9%
Vietnam19.420.827.242.830.2%
United States23.525.926.030.18.6%
Germany17.322.422.727.516.7%
New Zealand30.422.028.726.8-4.1%
Others84.188.198.311210.0%
Total67372683595312.3%

Top Suppliers of Plastic Packaging to Australia in 2022:

  1. China (126.0K tons)
  2. Malaysia (54.3K tons)
  3. Thailand (35.3K tons)
  4. Vietnam (18.4K tons)
  5. Germany (6.2K tons)
  6. New Zealand (5.6K tons)
  7. United States (3.8K tons)

Plastic Packaging Exports in Australia

In 2022, approx. 9K tons of plastic packaging were exported from Australia; growing by 14% against 2021. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic packaging exports soared to $51M in 2022. The total export value increased at an average annual rate of +10.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Plastic Packaging in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand11.610.916.224.227.8%
United States3.83.15.47.223.7%
Japan3.83.73.54.12.6%
Singapore1.20.51.32.629.4%
Thailand1.51.21.51.50.0%
Fiji1.00.91.11.13.2%
Papua New Guinea1.30.60.60.9-11.5%
China1.12.30.40.9-6.5%
Indonesia0.30.10.10.838.7%
Malaysia0.70.70.80.84.6%
Hong Kong SAR2.82.31.90.8-34.1%
Netherlands1.90.90.90.7-28.3%
United Kingdom1.71.80.90.5-33.5%
Others5.35.36.75.1-1.3%
Total38.234.541.351.210.3%

Top Export Markets for Plastic Packaging from Australia in 2022:

  1. New Zealand (4230.9 tons)
  2. United States (1294.4 tons)
  3. Japan (509.3 tons)
  4. Singapore (341.3 tons)
  5. Thailand (330.4 tons)
  6. Fiji (227.9 tons)
  7. China (201.3 tons)
  8. Indonesia (191.1 tons)
  9. Hong Kong SAR (168.9 tons)
  10. Malaysia (151.8 tons)
  11. Papua New Guinea (147.0 tons)
  12. Netherlands (143.4 tons)
  13. United Kingdom (95.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic packaging market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
  • Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
  • Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
  • Prodcom 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
  • Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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