Massive capacity expansion in China has led to growing exports to Asia-Pacific, Africa, Latin America and Eastern Europe.

Over the 2020-2025 period, global trade in PET rose from 11.7 million tons to 17.7 million tons, a CAGR of 8.6%. China’s exports over that period went from 2.7 million tons to 7.9 million tons, a CAGR of 22%. (Note: PET global trade volume is for combined PET bottle and film/fiber grade, measured as exports or imports, which are equal.)

China’s exports were wide-spread, increasing to Asia-Pacific, Africa, Latin America and Eastern Europe. Leading volume markets included: India; Vietnam; Indonesia; Philippines; Korea; El Salvador; Colombia; Peru; Turkey; Ukraine; Russia; Uzbekistan.

From International Trader Publications’ continuously updated World Trade Analyses on bottle-grade and film/fiber grade PET, and, The China Polymer Trade Report, analyzing China’s imports and exports by country and region for all grades of PE, PP, Styrenic Polymers, PVC, PET, Recyclable polymers and key fabricated plastic products.