China - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaper Bag Price in China - 2023
Contents:
- Paper Bag Price in China (FOB) - 2023
- Paper Bag Price in China (CIF) - 2023
- Paper Bag Exports in China
- Paper Bag Imports in China
Paper Bag Price in China (FOB) - 2023
In August 2023, the average paper bag export price amounted to $3,651 per ton, waning by -4% against the previous month. Over the period under review, the export price showed a pronounced reduction. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 19% m-o-m. Over the period under review, the average export prices reached the peak figure at $5,568 per ton in October 2022; however, from November 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($5,282 per ton), while the average price for exports to Indonesia ($2,641 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.0%), while the prices for the other major destinations experienced a decline.
Paper Bag Price in China (CIF) - 2023
The average paper bag import price stood at $5,892 per ton in September 2023, shrinking by -3.6% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 10% against the previous month. Over the period under review, average import prices reached the maximum at $6,113 per ton in August 2023, and then reduced slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($12,815 per ton), while the price for Australia ($1,107 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Bag Exports in China
In 2022, the amount of sacks and bags of paper exported from China reached 1.6M tons, remaining relatively unchanged against 2021. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, paper bag exports rose rapidly to $7.7B in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Paper Bag in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,030 | 1,078 | 1,565 | 1,612 | 16.1% |
Australia | 220 | 302 | 381 | 423 | 24.3% |
Hong Kong SAR | 344 | 285 | 373 | 361 | 1.6% |
Vietnam | 196 | 321 | 392 | 360 | 22.5% |
United Kingdom | 300 | 258 | 368 | 332 | 3.4% |
Japan | 258 | 261 | 303 | 323 | 7.8% |
Malaysia | 189 | 185 | 202 | 306 | 17.4% |
Thailand | 68.7 | 133 | 185 | 240 | 51.7% |
France | 159 | 129 | 188 | 227 | 12.6% |
South Korea | 103 | 132 | 195 | 216 | 28.0% |
Germany | 158 | 153 | 197 | 206 | 9.2% |
Canada | 161 | 165 | 195 | 197 | 7.0% |
Indonesia | 96.9 | 104 | 148 | 158 | 17.7% |
Others | 1,826 | 1,917 | 2,405 | 2,744 | 14.5% |
Total | 5,109 | 5,424 | 7,097 | 7,705 | 14.7% |
Top Export Markets for Paper Bag from China in 2022:
- United States (313.0K tons)
- Hong Kong SAR (120.1K tons)
- Australia (93.8K tons)
- Vietnam (82.7K tons)
- Japan (69.0K tons)
- United Kingdom (62.3K tons)
- Indonesia (47.4K tons)
- Canada (46.8K tons)
- Thailand (45.5K tons)
- South Korea (42.7K tons)
- Malaysia (39.5K tons)
- Germany (38.9K tons)
- France (35.3K tons)
Paper Bag Imports in China
In 2022, purchases abroad of sacks and bags of paper was finally on the rise to reach 18K tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
In value terms, paper bag imports reached $86M in 2022. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.
Import of Paper Bag in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 6.3 | 5.5 | 9.9 | 12.5 | 25.7% |
Japan | 9.9 | 6.1 | 6.8 | 8.6 | -4.6% |
Denmark | 9.1 | 5.1 | 6.8 | 7.6 | -5.8% |
Vietnam | 9.2 | 6.9 | 8.3 | 7.6 | -6.2% |
France | 7.9 | 5.6 | 8.7 | 6.9 | -4.4% |
Taiwan (Chinese) | 8.0 | 5.4 | 6.2 | 5.8 | -10.2% |
United States | 7.1 | 4.6 | 4.3 | 5.4 | -8.7% |
South Korea | 16.7 | 6.1 | 5.1 | 5.0 | -33.1% |
Germany | 5.2 | 3.7 | 3.3 | 4.9 | -2.0% |
Thailand | 4.2 | 2.8 | 3.0 | 4.5 | 2.3% |
Finland | 0.1 | 0.9 | 2.1 | 2.2 | 180.2% |
Malaysia | 4.6 | 1.6 | 0.9 | 1.7 | -28.2% |
Others | 16.0 | 12.4 | 17.3 | 13.5 | -5.5% |
Total | 104 | 66.8 | 82.5 | 86.2 | -6.1% |
Top Suppliers of Paper Bag to China in 2022:
- South Korea (2.3K tons)
- Denmark (2.2K tons)
- Japan (2.2K tons)
- Thailand (1.7K tons)
- Taiwan (Chinese) (1.6K tons)
- Italy (1.3K tons)
- Vietnam (1.3K tons)
- Finland (1.1K tons)
- Germany (1.1K tons)
- United States (0.7K tons)
- France (0.5K tons)
- Malaysia (0.5K tons)
This report provides an in-depth analysis of the paper bag market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 17211230 - Sacks and bags, with a base width . .40 cm, of paper, p aperboard, cellulose wadding or webs of cellulose fibres
- Prodcom 17211250 - Sacks and bags of paper, paperboard, cellulose wadding or webs of cellulose fibres (excluding those with a base width. .40 cm)
- Prodcom 17211300 - Cartons, boxes and cases, of corrugated paper or paperboard
- Prodcom 17211400 - Folding cartons, boxes and cases of non-corrugated paper or paperboard
- Prodcom 17211530 - Other packaging containers, including record sleeves, n.e.c.
- Prodcom 17211550 - Box files, letter trays, storage boxes and similar articles of paper or paperboard of a kind used in offices, shops or the like
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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