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ANALYSIS OF INDIA’S PLASTICS EXPORT AUGUST 2019

THE PLASTICS EXPORT PROMOTION COUNCIL (Sponsored by Department of Commerce, Govt. of India) Crystal Tower, Ground Floor Gundivali Road No. 3, Off Sir M. V. Road Andheri East, Mumbai Maharashtra 400 069, INDIA Tel: +91-22-26833951 E-mail: office@plexconcil.org Disclaimer: This report has been prepared on the basis of principal commodity level data sourced from the Directorate General of Commercial Intelligence and Statistics (DGCI&S) on September 27, 2019


TREND IN OVERALL EXPORTS India reported merchandise exports of USD 26.1 billion in August 2019, down 6.3% from USD 27.9 billion in August 2018. Cumulative value of merchandise exports during April 2019 – August 2019 was USD 133.5 billion as against USD 135.6 billion during the same period last year, reflecting a decline of 1.5%. Exhibit 1: Trend in overall merchandise exports from India (USD Billion)

27.9

Aug-18

26.1

135.6

133.5

Aug-19

Apr 18 - Aug 18

Apr 19 - Aug 19

Source: DGCI&S

TREND IN PLASTICS EXPORT During August 2019, India exported plastics worth USD 699 million, down 15.7% from USD 830 million in August 2018. Cumulative value of plastics export during April 2019 – August 2019 was USD 3,674 million as against USD 3,814 million during the same period last year, registering a negative growth of 3.7%. Exhibit 2: Trend in plastics export by India (USD Million) 830

3,814 699

Aug-18

3,674

Aug-19

Apr 18 - Aug 18

Apr 19 - Aug 19

Source: DGCI&S

• • •

Plastics formed 2.75% of India’s overall merchandise exports in April 2019 – August 2019 India exported plastics to 207 countries in April 2019 – August 2019 United States, China and United Arab Emirates were the top three buyers of plastics from India in April 2019 – August 2019


PLASTICS EXPORT, BY PANEL In August 2019, most of the product panels witnessed a decline in exports. Plastic raw materials witnessed year-on-year decline of 26.8%; followed by stationery/office/school supply (-13.8%); packaging materials (-8.1%); plastic sheet, film, plates etc (-7.9%); other plastic items (-7.2%); moulded & extruded goods (-2.8%); and optical items (-2.7%). Only human hair products reported a 28.8% year-on-year growth in August 2019. Exhibit 3: Panel-wise % growth in plastics export by India Aug-18

Panel

Aug-19

(USD Mn) (USD Mn) 403.54 295.46 134.63 123.98 101.60 98.73 81.81 75.22 38.38 37.36 35.55 33.01 20.71 17.84 13.82 17.80 830.05 699.40 Note: Plastics are segregated under eight panels by DGCI&S Source: DGCI&S Plastic raw materials Plastic sheet, film, plates etc Moulded & extruded goods Packaging materials Optical items (incl. lens etc) Other plastic items Stationery/Office/School Supply Human hair, products thereof

Growth (%) -26.8% -7.9% -2.8% -8.1% -2.7% -7.2% -13.8% 28.8% -15.7%

Apr 18Aug 18 (USD Mn) 1,848.15 616.18 451.42 346.11 199.55 154.83 107.36 90.32 3,813.91

Apr 19Aug 19 (USD Mn) 1,544.94 634.49 542.40 351.59 199.66 189.70 101.53 110.06 3,674.37

Growth (%) -16.4% 3.0% 20.2% 1.6% 0.1% 22.5% -5.4% 21.9% -3.7%

PLASTICS EXPORT, BY REGION India’s plastics export in August 2019 was negative across all territories including, Latin America & Caribbean (-37.9% year-on-year); ASEAN + 2 (-33.0%); Africa (-17.4%); European Union (-16.9%); Middle East (-15.7%); South Asia (-10.6%); North-East Asia (-8.6%); Commonwealth of Independent States (-3.8%); and North America (-3.0%). Exhibit 4: Region-wise trend in plastics export by India Region European Union (EU) Middle East North-East Asia North America Africa South Asia ASEAN + 2 Latin America & Caribbean (LAC) CIS Others Source: DGCI&S

Aug-18

Aug-19

Growth

(USD Mn) 163.71 121.29 117.64 113.29 106.10 71.18 76.84 46.83 9.99 3.17 830.05

(USD Mn) 136.10 102.19 107.47 109.85 87.66 63.64 51.46 29.06 9.61 2.36 699.40

(%) -16.9% -15.7% -8.6% -3.0% -17.4% -10.6% -33.0% -37.9% -3.8% -25.8% -15.7%

Apr 18Aug 18 (USD Mn) 766.04 601.66 529.52 508.20 480.67 360.71 296.67 215.36 35.51 19.57 3,813.91

Apr 19Aug 19 (USD Mn) 725.15 578.36 551.57 583.67 448.23 326.50 250.75 152.17 45.61 12.37 3,674.37

Growth (%) -5.3% -3.9% 4.2% 14.9% -6.7% -9.5% -15.5% -29.3% 28.4% -36.8% -3.7%


PLASTICS EXPORT, BY DESTINATION COUNTRY During August 2019, four out of the top 25 destination countries recorded year-on-year growth in plastics export from India. Exports to Nepal witnessed a high growth rate of 17.2% during the period. On a cumulative basis, during April 2019 – August 2019, nine out of the top 25 destination countries recorded year-on-year growth in plastics export from India. Exports to South Africa, Saudi Arabia and Canada, witnessed high growth rates ranging between 20-50%, during the above period. Exhibit 5: Top 25 destinations of plastics exported by India Country

Aug-18

Aug-19

Growth

(USD Mn) (USD Mn) (%) China 93.36 85.95 -7.9% United States 94.44 90.60 -4.1% United Arab Emirates 38.72 30.79 -20.5% Italy 31.87 19.64 -38.4% Germany 30.16 24.63 -18.4% Bangladesh 29.36 21.54 -26.6% Turkey 21.12 15.77 -25.3% United Kingdom 23.91 22.34 -6.6% Nepal 20.50 24.03 17.2% Vietnam 23.82 10.26 -56.9% France 14.51 14.05 -3.1% Indonesia 18.65 9.80 -47.5% Egypt 15.70 9.05 -42.3% Belgium 11.32 7.39 -34.7% Japan 14.92 11.69 -21.6% Nigeria 13.39 12.49 -6.7% Pakistan 7.89 5.89 -25.3% South Africa 11.04 11.85 7.4% Israel 12.19 12.02 -1.4% Mexico 8.77 9.24 5.4% Kenya 15.11 10.18 -32.7% Spain 10.75 9.48 -11.8% Sri Lanka 9.61 8.58 -10.7% Canada 10.08 10.01 -0.7% Saudi Arabia 6.96 7.60 9.2% Note: Top 25 destinations based on 2018-19 plastic exports by India Source: DGCI&S

Apr 18Aug 18 (USD Mn) 427.90 411.79 186.90 160.71 134.76 146.50 130.53 105.24 95.93 82.60 75.82 68.99 69.08 56.32 57.33 70.82 52.99 46.48 49.12 54.10 57.90 50.31 47.59 42.31 38.15

Apr 19Aug 19 (USD Mn) 448.82 482.80 200.87 124.76 128.00 116.96 90.90 114.83 108.97 60.54 79.12 41.18 43.36 50.77 46.90 46.16 40.07 67.08 45.44 48.93 55.68 48.25 40.79 51.94 50.06

Growth (%) 4.9% 17.2% 7.5% -22.4% -5.0% -20.2% -30.4% 9.1% 13.6% -26.7% 4.4% -40.3% -37.2% -9.9% -18.2% -34.8% -24.4% 44.3% -7.5% -9.6% -3.8% -4.1% -14.3% 22.8% 31.2%

India exported plastics to 182 countries in August 2019 as compared to 186 countries in August 2018.


Exhibit 6: Panels with details of % growth seen in top 10 export destinations

China Italy Turkey Bangladesh United Arab Emirates United States Vietnam Nepal Indonesia Pakistan

Apr 18Aug 18 (USD Mn) 342.88 114.04 111.14 106.54 88.90 68.09 72.61 57.79 54.68 48.92

Apr 19Aug 19 (USD Mn) 341.58 73.93 78.64 78.10 73.02 62.24 50.67 69.34 25.28 36.83

Plastic sheet, film, plates etc

United States United Arab Emirates Germany South Africa Nigeria Italy United Kingdom Bangladesh Mexico Spain

94.13 24.95 30.99 27.67 32.41 23.07 19.24 19.16 18.90 16.56

112.92 27.83 29.20 28.86 15.38 21.12 23.83 14.48 16.71 17.39

20.0% 11.6% -5.8% 4.3% -52.5% -8.5% 23.9% -24.4% -11.6% 5.0%

Moulded & extruded goods

United States United Arab Emirates United Kingdom Germany Canada Sri Lanka Spain Nigeria Saudi Arabia Brazil

101.56 27.50 23.37 23.49 17.96 10.16 9.95 8.22 6.63 7.12

155.71 45.17 25.31 20.81 26.05 5.32 8.58 7.79 9.45 10.50

53.3% 64.2% 8.3% -11.4% 45.0% -47.6% -13.7% -5.3% 42.6% 47.5%

Panel

Country

Plastic raw materials

Packaging materials

United States 63.01 75.68 United Kingdom 29.26 27.96 United Arab Emirates 17.70 21.05 Netherland 13.47 11.76 Germany 10.81 8.72 Belgium 9.85 3.86 France 8.62 7.77 Spain 7.37 7.29 Djibouti 8.26 7.13 Nepal 7.05 5.92 Note: Top 10 destinations based on India’s 2018-19 exports under the eight plastic product panels Source: DGCI&S

Growth (%) -0.4% -35.2% -29.2% -26.7% -17.9% -8.6% -30.2% 20.0% -53.8% -24.7%

20.1% -4.4% 18.9% -12.7% -19.3% -60.8% -9.9% -1.1% -13.7% -16.0%


France Germany United Kingdom United States United Arab Emirates Netherland Poland Italy Russia Israel

Apr 18Aug 18 (USD Mn) 47.61 21.26 16.51 14.17 6.48 9.25 7.97 3.99 2.09 2.94

Apr 19Aug 19 (USD Mn) 55.27 20.48 17.79 4.63 9.00 9.89 8.59 10.17 5.57 3.37

Other plastic items

United States Belgium United Arab Emirates South Africa United Kingdom Italy Germany Poland Nepal Saudi Arabia

35.98 15.63 13.73 4.19 3.66 4.66 5.02 2.69 3.61 3.77

37.60 10.91 18.56 17.94 7.28 6.47 7.10 3.75 3.71 4.18

4.5% -30.2% 35.2% 328.0% 99.2% 38.7% 41.6% 39.2% 3.0% 10.9%

Human hair, products thereof

China Myanmar United States Tunisia Hong Kong Bangladesh United Arab Emirates Vietnam Indonesia Italy

52.09 7.75 6.71 4.32 3.43 2.98 2.34 0.94 1.45 1.64

73.12 4.47 6.67 5.92 5.88 2.11 1.57 1.97 0.92 1.28

40.4% -42.3% -0.5% 37.1% 71.4% -29.1% -32.9% 108.4% -36.5% -21.8%

Panel

Country

Optical items (incl. lens etc)

Stationery/Office/School Supply

United States 28.13 27.35 United Arab Emirates 5.29 4.65 United Kingdom 6.37 5.48 Thailand 4.96 4.18 Algeria 2.22 3.19 Bangladesh 2.26 2.94 Germany 2.56 2.34 Mexico 2.28 1.52 Latvia 2.31 1.23 Nepal 2.19 2.27 Note: Top 10 destinations based on India’s 2018-19 exports under the eight plastic product panels Source: DGCI&S

Growth (%) 16.1% -3.7% 7.8% -67.4% 39.0% 6.9% 7.8% 155.1% 166.5% 14.7%

-2.8% -12.1% -14.0% -15.8% 43.9% 30.5% -8.9% -33.3% -46.9% 3.8%


ANNEXURE-I Trend in overall exports by India Month April May June July August

2018-19 (USD Bn) 25.95 28.78 27.15 25.89 27.87 135.64

2019-20 (USD Bn) 26.07 30.01 25.01 26.32 26.13 133.54

Growth (%) 0.5% 4.3% -7.9% 1.7% -6.3% -1.5%

Source: DGCI&S

ANNEXURE-II Trend in plastics export by India Month April May June July August

2018-19 (USD Mn) 742.66 741.65 769.08 730.46 830.05 3,813.91

2019-20 (USD Mn) 702.53 830.55 732.57 709.33 699.40 3,674.37

Growth (%) -5.4% 12.0% -4.7% -2.9% -15.7% -3.7%

Source: DGCI&S

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Analysis of India's Plastics Export – August 2019  

This report has been prepared on the basis of principal commodity level data sourced from the Directorate General of Commercial Intelligence...

Analysis of India's Plastics Export – August 2019  

This report has been prepared on the basis of principal commodity level data sourced from the Directorate General of Commercial Intelligence...

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