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ANALYSIS OF INDIA’S PLASTICS EXPORT NOVEMBER 2018

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) website on December 24, 2018


TREND IN OVERALL EXPORTS India reported merchandise exports of USD 26.5 billion in November 2018, up 2.1% from USD 25.9 billion in November 2017. Cumulative value of merchandise exports during April 18 – November 18 was USD 216.7 billion as against USD 196.2 billion during the same period last year, reflecting a growth of 10.4%. Exhibit 1: Trend in overall merchandise exports from India (USD Billion) 196.2 25.9

26.5

Nov-17

Nov-18

Apr 17 - Nov 17

216.7

Apr 18 - Nov 18

Source: DGCI&S

TREND IN PLASTICS EXPORT Export of plastics from India continued to grow at a faster clip than the overall merchandise exports. During November 2018, India exported plastics worth USD 845 million, up 25.9% from USD 672 million in November 2017. Cumulative value of plastics export during April 18 – November 18 was USD 6,213 million as against USD 4,769 million during the same period last year, registering a staggering growth of 30.3%. Exhibit 2: Trend in plastics export by India (USD Million) 845

6,213

672

Nov-17

4,769

Nov-18

Apr 17 - Nov 17

Apr 18 - Nov 18

Source: DGCI&S

  

Plastics formed 2.87% of India’s overall merchandise exports in April 2018 – November 2018 India exported plastics to 206 countries in April 2018 – November 2018 China, United States, and United Arab Emirates were the top three buyers of plastics from India in April 2018 – November 2018


PLASTICS EXPORT, BY PANEL In November 2018, products grouped under plastic raw materials witnessed year-on-year growth of 53.5%; followed by other plastic items (+19.1%); plastic sheet, film, plates etc (+12.7%); stationery/office/school supply (+1.2%); and human hair, products thereof (+26.7%). Export of products grouped under optical items; packaging materials; and moulded & extruded goods registered declines of 13.6%, 10.0% and 0.8% respectively in November 2018. Exhibit 3: Panel-wise % growth in plastics export by India Nov-17

Panel

Nov-18

(USD Mn) (USD Mn) 306.12 469.84 103.32 116.46 87.79 87.09 67.88 61.13 43.94 37.97 22.46 26.76 22.20 28.11 17.86 18.06 671.56 845.42 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 Human hair, products thereof Stationery/Office/School Supply

Growth (%) 53.5% 12.7% -0.8% -10.0% -13.6% 19.1% 26.7% 1.2% 25.9%

Apr 17Nov 17 (USD Mn) 1,949.00 800.12 697.13 479.08 303.47 221.19 171.87 147.56 4,769.41

Apr 18Nov 18 (USD Mn) 3,092.20 971.15 730.45 549.33 314.89 239.12 154.60 161.60 6,213.34

Growth (%) 58.7% 21.4% 4.8% 14.7% 3.8% 8.1% -10.0% 9.5% 30.3%

PLASTICS EXPORT, BY REGION India’s plastics export in November 2018 were boosted by higher exports to Commonwealth of Independent States (+96.9% year-on-year), North-East Asia (up 91.6%), ASEAN + 2 (+30.8%), South Asia (+30.0%), Africa (+18.5%), North America (+14.4%), and European Union (+11.8%). Exhibit 4: Region-wise trend in plastics export by India Region European Union (EU) Middle East North America Africa North-East Asia South Asia ASEAN + 2 Latin America & Caribbean (LAC) CIS Others Source: DGCI&S

Nov-17

Nov-18

Growth

(USD Mn) 136.97 117.47 84.22 73.09 100.54 61.26 48.50 43.29 4.32 1.90 671.56

(USD Mn) 153.14 117.44 96.38 86.58 192.59 79.66 63.42 45.64 8.51 2.06 845.42

(%) 11.8% 0.0% 14.4% 18.5% 91.6% 30.0% 30.8% 5.4% 96.9% 8.4% 25.9%

Apr 17Nov 17 (USD Mn) 1,075.97 830.09 673.97 579.63 481.29 426.80 339.33 292.02 46.85 23.48 4,769.41

Apr 18Nov 18 (USD Mn) 1,227.81 944.13 816.84 742.95 982.72 572.05 494.99 342.04 62.00 27.81 6,213.34

Growth (%) 14.1% 13.7% 21.2% 28.2% 104.2% 34.0% 45.9% 17.1% 32.3% 18.5% 30.3%


PLASTICS EXPORT, BY DESTINATION COUNTRY During November 2018, 15 out of the top 25 destination countries recorded year-on-year growth in plastics export from India. Exports to Pakistan and China witnessed high growth rates ranging between 80-110%, during the period. Exhibit 5: Top 25 destinations of plastics exported by India Country

Nov-17

Nov-18

Growth

(USD Mn) (USD Mn) (%) United States 68.12 76.54 12.4% China 80.53 168.23 108.9% United Arab Emirates 35.05 33.11 -5.5% Italy 31.53 30.40 -3.6% Turkey 29.41 27.07 -7.9% Germany 24.92 24.15 -3.1% Bangladesh 22.49 29.35 30.5% United Kingdom 20.08 21.62 7.7% Nepal 16.22 20.44 26.0% Vietnam 14.48 18.75 29.5% Egypt 12.22 13.25 8.4% France 10.72 15.54 45.0% Belgium 8.59 11.70 36.1% Pakistan 8.99 16.74 86.2% Nigeria 10.04 8.62 -14.1% Spain 8.94 9.72 8.7% Sri Lanka 10.63 9.79 -7.9% Israel 10.58 15.36 45.2% South Africa 10.33 7.84 -24.1% Kenya 9.62 14.84 54.3% Saudi Arabia 8.58 6.51 -24.1% Poland 8.17 7.73 -5.4% Canada 7.07 9.90 40.0% Netherlands 6.81 6.34 -7.0% Mexico 9.03 9.94 10.0% Note: Top 25 destinations based on 2017-18 plastic exports by India Source: DGCI&S

Apr 17Nov 17 (USD Mn) 560.72 376.96 246.43 225.36 201.51 190.07 157.39 160.02 119.00 79.98 98.32 82.19 84.43 61.65 80.24 72.60 69.65 64.32 65.81 56.52 66.79 65.46 58.00 57.02 55.25

Apr 18Nov 18 (USD Mn) 656.15 816.06 292.59 256.17 194.53 211.67 227.58 173.52 151.18 139.73 114.47 124.39 88.79 87.28 103.19 80.51 79.92 90.49 73.64 88.44 59.07 60.11 72.63 62.31 88.06

Growth (%) 17.0% 116.5% 18.7% 13.7% -3.5% 11.4% 44.6% 8.4% 27.0% 74.7% 16.4% 51.3% 5.2% 41.6% 28.6% 10.9% 14.8% 40.7% 11.9% 56.5% -11.6% -8.2% 25.2% 9.3% 59.4%

India exported plastics to 179 countries in November 2018 as compared to 178 countries in November 2017. On a cumulative basis, during April 18 – November 18, India exported plastics to 206 countries as compared to 203 countries in the comparative period of 2017-18. New destination countries added during the above period included Guam, Kiribati Republic, Lesotho, Mayotte, Monaco, Montserrat, Nauru Republic, Palau, and United States Virgin Islands.


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

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

Apr 17Nov 17 (USD Mn) 230.41 161.87 151.15 101.93 104.47 82.23 65.14 79.05 55.92 64.94

Apr 18Nov 18 (USD Mn) 677.66 168.93 181.62 138.49 162.28 119.51 123.11 84.11 80.08 93.22

Plastic sheet, film, plates etc

United States Italy South Africa Germany United Arab Emirates United Kingdom Nigeria Bangladesh Nepal China

131.53 34.10 35.65 31.28 32.68 27.61 24.51 24.09 23.62 20.83

147.80 33.67 42.40 47.83 40.38 32.69 45.50 31.69 24.99 23.37

12.4% -1.3% 18.9% 52.9% 23.6% 18.4% 85.6% 31.5% 5.8% 12.2%

Moulded & extruded goods

United States United Kingdom United Arab Emirates Germany Canada Spain Nigeria Brazil Nepal Australia

170.83 38.98 35.12 32.10 23.42 17.76 19.47 15.57 12.47 11.75

165.43 37.12 44.46 35.87 32.58 15.06 12.44 13.02 12.08 12.74

-3.2% -4.8% 26.6% 11.8% 39.1% -15.2% -36.1% -16.4% -3.2% 8.4%

Panel

Country

Plastic raw materials

Packaging materials

United States 89.64 105.18 United Kingdom 39.59 45.87 United Arab Emirates 30.51 28.36 Netherlands 18.95 21.04 Germany 17.98 16.71 Belgium 10.93 14.75 France 10.36 13.19 Spain 11.24 12.53 Nepal 9.43 9.19 Italy 7.67 10.29 Note: Top 10 destinations based on India’s 2017-18 exports under the eight plastic product panels Source: DGCI&S

Growth (%) 194.1% 4.4% 20.2% 35.9% 55.3% 45.3% 89.0% 6.4% 43.2% 43.5%

17.3% 15.9% -7.0% 11.0% -7.0% 34.9% 27.3% 11.4% -2.6% 34.3%


France Germany United Kingdom Poland United States Italy Netherlands Denmark Israel United Arab Emirates

Apr 17Nov 17 (USD Mn) 42.72 37.98 29.19 20.91 18.28 12.85 11.49 8.91 8.37 8.90

Apr 18Nov 18 (USD Mn) 79.97 33.20 28.75 10.54 18.01 8.56 13.08 5.21 5.97 8.96

Other plastic items

United States United Arab Emirates Belgium South Africa Ethiopia United Kingdom Germany Saudi Arabia Turkey Italy

32.52 23.84 13.89 7.16 7.90 6.49 6.94 7.09 7.51 5.40

54.87 19.34 22.89 6.23 1.14 8.38 7.63 5.56 4.33 9.28

68.7% -18.9% 64.8% -13.0% -85.6% 29.0% 9.9% -21.5% -42.4% 71.8%

Human hair, products thereof

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

98.42 20.69 9.29 7.86 4.84 4.85 4.16 4.54 2.61 2.67

87.47 17.31 10.41 6.94 2.43 6.58 3.73 3.57 2.10 2.27

-11.1% -16.3% 12.1% -11.6% -49.8% 35.5% -10.4% -21.3% -19.7% -15.0%

Panel

Country

Optical items (incl. lens etc)

Stationery/Office/School Supply

United States 26.39 34.93 United Kingdom 11.13 9.42 United Arab Emirates 9.29 8.86 Thailand 8.30 7.92 Germany 5.27 4.25 Bangladesh 3.60 4.12 Mexico 3.52 3.57 Myanmar 2.49 2.68 Colombia 3.63 3.32 Saudi Arabia 2.90 3.56 Note: Top 10 destinations based on India’s 2017-18 exports under the eight plastic product panels Source: DGCI&S

Growth (%) 87.2% -12.6% -1.5% -49.6% -1.5% -33.3% 13.8% -41.5% -28.6% 0.7%

32.4% -15.4% -4.6% -4.5% -19.5% 14.5% 1.3% 7.6% -8.4% 23.0%


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

2017-18 (USD Bn) 24.60 24.03 23.58 22.54 23.85 28.64 23.05 25.92 196.21

2018-19 (USD Bn) 25.64 28.78 27.15 25.89 27.87 27.90 26.98 26.46 216.68

Growth (%) 4.2% 19.7% 15.1% 14.9% 16.9% -2.6% 17.1% 2.1% 10.4%

Source: DGCI&S

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

2017-18 (USD Mn) 576.31 551.40 547.65 581.63 600.99 630.93 608.92 671.56 4,769.41

2018-19 (USD Mn) 738.31 741.65 769.08 730.46 830.05 780.35 778.02 845.42 6,213.34

Growth (%) 28.1% 34.5% 40.4% 25.6% 38.1% 23.7% 27.8% 25.9% 30.3%

Source: DGCI&S

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Analysis of India's Plastics Export – November 2018  

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 – November 2018  

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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