Analysis of global production and demand status of PET bottle flakes

At present, China has become the most important producer and consumer country

[Industry Chain Analysis]

Bottle-grade polyester chips are made of purified terephthalic acid (PTA) and ethylene glycol (MEG) after polymerization and esterification.

PET includes polyester fiber (polyester), polyester bottle flakes and polyester film

[Global Supply and Demand Status]

Global supply of PET bottle flakes

In 2009, the global production capacity of PET bottle flakes continued to grow positively, from 17.

From the perspective of the global supply and distribution of polyester bottle flakes, the global production capacity of polyester bottle flakes in 2019 is mainly concentrated in Asia, North America and Europe, accounting for about 85% of the global production capacity.

In addition, the global production capacity of polyester bottle flakes is highly concentrated.

Global consumption of PET bottle flakes

From the perspective of global consumption of polyester bottle flakes, the global consumption of polyester bottle flakes in 2019 is mainly concentrated in North America, China and Western Europe, accounting for 58% of global consumption

In addition, based on multiple advantages such as safety, economy, and environmental protection, bottle-grade PET has become the fastest growing packaging material in recent years and is gradually replacing other packaging materials

The global trade flow of PET bottle flakes

From the perspective of the global trade flow of PET bottle flakes, the net outflow areas of PET bottle flakes are mainly concentrated in Asia

[China's Supply and Demand and Import and Export Status]

Domestic supply of PET bottle flakes

At present, China has become the world's most important producer and consumer of PET bottle flakes

From the perspective of the product structure of polyester bottle flakes, there are mainly water bottle flakes, hot can bottle flakes, carbonated bottle flakes and oil bottle flakes, which account for 57%, 19%, 15% and 9% of the total output of polyester bottle flakes respectively

Domestic consumption of PET bottle flakes

The domestic consumption of PET bottle flakes is mainly concentrated in bottle packaging for soft drinks, edible oil, and wine packaging, accounting for about 90% of the total demand; domestic sheet packaging has great potential for development, but currently only accounts for around 13%

As the largest downstream product of polyester bottle flakes, the market for bottled beverages directly affects the market of polyester bottle flakes.

Import and export of domestic polyester bottle flakes

China is the world's largest net exporter of bottle flakes, accounting for 40% of the world's bottle flake exports

In 2020, affected by the overseas new crown pneumonia epidemic, foreign demand has been greatly compressed, and the export of polyester bottle flakes has declined significantly compared with 2019