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ANALYSIS OF INDIA’S PLASTICS EXPORT JULY 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 August 26, 2019


TREND IN OVERALL EXPORTS India reported merchandise exports of USD 26.3 billion in July 2019, up 1.7% from USD 25.9 billion in July 2018. Cumulative value of merchandise exports during April 19 – July 19 was USD 107.4 billion as against USD 107.8 billion during the same period last year, reflecting a decline of 0.3%. Exhibit 1: Trend in overall merchandise exports from India (USD Billion)

25.9

26.3

Jul-18

Jul-19

107.8

107.4

Apr 18 - Jul 18

Apr 19 - Jul 19

Source: DGCI&S

TREND IN PLASTICS EXPORT During July 2019, India exported plastics worth USD 709 million, down 2.9% from USD 730 million in July 2018. Cumulative value of plastics export during April 19 – July 19 was USD 2,975 million as against USD 2,984 million during the same period last year, registering a negative growth of 0.3%. Exhibit 2: Trend in plastics export by India (USD Million)

730

709

Jul-18

Jul-19

2,984

2,975

Apr 18 - Jul 18

Apr 19 - Jul 19

Source: DGCI&S

• • •

Plastics formed 2.77% of India’s overall merchandise exports in April 2019 – July 2019 India exported plastics to 205 countries in April 2019 – July 2019 United States, China and United Arab Emirates were the top three buyers of plastics from India in April 2019 – July 2019


PLASTICS EXPORT, BY PANEL In July 2019, some of the product groups that exhibited good performance were: human hair (up 34.6% year-on-year); other plastic items (+24.9%); moulded & extruded goods (+18.7%); packaging materials (+15.4%); optical items (+8.4%); and plastic sheet, film, plates etc (+7.3%). However, plastic raw materials witnessed year-on-year decline of 19.3%; along with stationery/office/school supply (-5.7%). Exhibit 3: Panel-wise % growth in plastics export by India Jul-18

Panel

Jul-19

(USD Mn) (USD Mn) 362.95 293.00 114.95 123.36 85.23 101.19 63.92 73.77 39.05 42.31 28.61 35.72 20.24 19.10 15.51 20.88 730.46 709.33 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 (%) -19.3% 7.3% 18.7% 15.4% 8.4% 24.9% -5.7% 34.6% -2.9%

Apr 18Jul 18 (USD Mn) 1,444.61 481.55 349.82 264.30 161.16 119.28 86.65 76.50 2,983.86

Apr 19Jul 19 (USD Mn) 1,249.47 510.50 443.68 276.38 162.30 156.70 83.69 92.25 2,974.98

Growth (%) -13.5% 6.0% 26.8% 4.6% 0.7% 31.4% -3.4% 20.6% -0.3%

PLASTICS EXPORT, BY REGION India’s plastics export in July 2019 did well in regions like North-East Asia (up 24.6% year-onyear); Commonwealth of Independent States (+24.1%); and North America (+21.5%). Export growth was negative in territories like Latin America & Caribbean (-38.1%); ASEAN + 2 (13.7%); Africa (-13.1%); Middle East (-11.0%); South Asia (-8.3%); and European Union (-4.3%). 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

Jul-18

Jul-19

Growth

(USD Mn) 148.77 114.64 92.62 92.59 95.05 65.79 61.06 51.02 5.92 3.01 730.46

(USD Mn) 142.31 101.98 115.42 112.52 82.57 60.31 52.72 31.60 7.35 2.56 709.33

(%) -4.3% -11.0% 24.6% 21.5% -13.1% -8.3% -13.7% -38.1% 24.1% -14.8% -2.9%

Apr 18Jul 18 (USD Mn) 602.33 480.37 411.88 394.91 374.57 289.53 219.83 168.53 25.53 16.39 2,983.86

Apr 19Jul 19 (USD Mn) 589.05 476.17 444.10 473.82 360.57 262.86 199.29 123.11 36.01 10.01 2,974.98

Growth (%) -2.2% -0.9% 7.8% 20.0% -3.7% -9.2% -9.3% -27.0% 41.0% -38.9% -0.3%


PLASTICS EXPORT, BY DESTINATION COUNTRY During July 2019, 13 out of the top 25 destination countries recorded year-on-year growth in plastics export from India. Exports to United States, Canada, China, Saudi Arabia, South Africa and Nepal witnessed high growth rates ranging between 20-30%, during the period. On a cumulative basis, during April 19 – July 19, 10 out of the top 25 destination countries recorded year-on-year growth in plastics export from India. Exports to Canada, Saudi Arabia and South Africa witnessed high growth rates ranging between 30-60%, during the above period. Exhibit 5: Top 25 destinations of plastics exported by India Country

Jul-18

Jul-19

Growth

(USD Mn) (USD Mn) (%) China 73.49 96.60 31.5% United States 74.56 91.21 22.3% United Arab Emirates 29.85 32.09 7.5% Italy 31.19 23.36 -25.1% Germany 25.27 25.83 2.2% Bangladesh 28.58 19.69 -31.1% Turkey 28.20 22.29 -20.9% United Kingdom 19.44 22.56 16.1% Nepal 17.06 22.56 32.2% Vietnam 15.45 14.26 -7.7% France 16.21 17.91 10.4% Indonesia 19.61 9.77 -50.2% Egypt 14.38 6.23 -56.7% Belgium 11.37 9.78 -13.9% Japan 11.24 8.12 -27.7% Nigeria 14.63 8.91 -39.1% Pakistan 6.41 5.73 -10.6% South Africa 8.70 10.95 25.8% Israel 10.83 6.69 -38.2% Mexico 9.33 10.53 12.9% Kenya 9.64 10.78 11.9% Spain 7.35 8.56 16.5% Sri Lanka 9.98 8.33 -16.6% Canada 8.70 10.78 23.9% Saudi Arabia 6.59 8.54 29.5% Note: Top 25 destinations based on 2018-19 plastic exports by India Source: DGCI&S

Apr 18Jul 18 (USD Mn) 334.54 317.35 148.18 128.84 104.60 117.14 109.41 81.33 75.42 58.78 61.31 50.34 53.38 45.00 42.41 57.43 45.09 35.45 36.93 45.34 42.79 39.56 37.97 32.22 31.19

Apr 19Jul 19 (USD Mn) 362.86 392.21 170.08 105.12 103.38 95.42 75.13 92.49 84.94 50.28 65.07 31.38 34.31 43.37 35.21 33.67 34.18 55.23 33.42 39.69 45.51 38.77 32.21 41.93 42.46

Growth (%) 8.5% 23.6% 14.8% -18.4% -1.2% -18.5% -31.3% 13.7% 12.6% -14.5% 6.1% -37.7% -35.7% -3.6% -17.0% -41.4% -24.2% 55.8% -9.5% -12.5% 6.3% -2.0% -15.2% 30.1% 36.1%

India exported plastics to 189 countries in July 2019 as compared to 182 countries in July 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 18Jul 18 (USD Mn) 263.07 92.09 93.02 85.41 73.04 50.54 51.09 44.14 40.07 41.96

Apr 19Jul 19 (USD Mn) 274.22 63.50 66.47 63.62 62.27 50.89 41.91 55.02 18.52 31.22

Plastic sheet, film, plates etc

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

70.90 19.15 23.60 21.44 27.54 18.24 15.06 15.14 14.70 12.19

88.54 23.00 23.66 22.40 11.80 16.97 19.60 11.43 13.00 14.23

24.9% 20.1% 0.2% 4.5% -57.2% -7.0% 30.1% -24.5% -11.6% 16.7%

Moulded & extruded goods

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

77.22 21.01 18.00 18.47 13.96 8.57 7.73 6.54 5.73 5.29

130.49 39.40 20.46 16.65 20.07 4.15 6.65 6.04 7.68 8.33

69.0% 87.5% 13.7% -9.9% 43.8% -51.6% -14.0% -7.7% 33.9% 57.5%

Panel

Country

Plastic raw materials

Packaging materials

United States 47.64 58.72 United Kingdom 22.15 22.30 United Arab Emirates 13.93 16.36 Netherland 10.39 9.48 Germany 8.48 6.94 Belgium 7.73 2.93 France 6.37 5.79 Spain 5.75 5.43 Djibouti 8.13 6.11 Nepal 6.01 4.69 Note: Top 10 destinations based on India’s 2018-19 exports under the eight plastic product panels Source: DGCI&S

Growth (%) 4.2% -31.0% -28.5% -25.5% -14.7% 0.7% -18.0% 24.6% -53.8% -25.6%

23.3% 0.6% 17.5% -8.8% -18.1% -62.1% -9.1% -5.6% -24.9% -22.0%


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

Apr 18Jul 18 (USD Mn) 38.30 17.12 12.73 11.81 5.46 7.82 6.76 3.15 0.36 2.02

Apr 19Jul 19 (USD Mn) 46.60 16.78 13.32 3.87 7.87 7.19 6.10 9.06 5.44 2.77

(%) 21.7% -2.0% 4.6% -67.2% 43.9% -8.0% -9.8% 187.3% 1403.8% 37.3%

Other plastic items

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

28.90 11.70 9.90 3.01 2.62 3.61 3.69 1.95 2.83 2.93

29.30 8.65 15.98 17.28 6.04 4.98 5.90 2.85 2.83 3.42

1.4% -26.0% 61.4% 474.9% 130.3% 37.7% 59.9% 45.6% -0.1% 16.6%

Human hair, products thereof

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

45.94 5.98 5.47 3.89 2.71 2.42 1.97 0.65 0.85 1.30

60.72 3.95 5.58 4.92 4.79 1.80 1.39 1.86 0.73 0.84

32.2% -33.9% 1.9% 26.5% 76.6% -25.8% -29.5% 184.3% -14.6% -35.3%

Panel

Country

Optical items (incl. lens etc)

Stationery/Office/School Supply

United States 24.87 24.82 United Arab Emirates 3.71 3.81 United Kingdom 5.13 4.64 Thailand 3.98 3.26 Algeria 1.83 3.02 Bangladesh 1.73 2.31 Germany 1.97 1.78 Mexico 1.96 1.22 Latvia 1.95 0.96 Nepal 1.56 1.60 Note: Top 10 destinations based on India’s 2018-19 exports under the eight plastic product panels Source: DGCI&S

Growth

-0.2% 2.8% -9.5% -18.1% 65.4% 33.6% -9.8% -37.8% -51.0% 2.4%


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

2018-19 (USD Bn) 25.95 28.78 27.15 25.89 107.77

2019-20 (USD Bn) 26.07 30.01 25.01 26.32 107.41

Growth (%) 0.5% 4.3% -7.9% 1.7% -0.3%

Source: DGCI&S

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

2018-19 (USD Mn) 742.66 741.65 769.08 730.46 2,983.86

2019-20 (USD Mn) 702.53 830.55 732.57 709.33 2,974.98

Growth (%) -5.4% 12.0% -4.7% -2.9% -0.3%

Source: DGCI&S

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Profile for Plexconcil

Analysis of India's Plastics Export – July 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 – July 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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