Market movement
In 2024, plastics: plates, sheets, film, foil and strip, of polymers of ethylene, non-cellular and not reinforced, laminated, supported or similarly combined with other materials trade exhibited modest growth, with global flows reaching $19,109,796,431 and a three-year compound annual growth rate of -1.5% (five-year: +4.0%). The all-time peak of $21,335,215,849 was recorded in 2022; the current level is 10% below that high-water mark.
Over the 30-year observation window (1995–2024), 76% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.8% acceleration).
The World Trade Flows Characterization classifies plastics: plates, sheets, film, foil and strip, of polymers of ethylene, non-cellular and not reinforced, laminated, supported or similarly combined with other materials as "Two-way vertical trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.
