United Kingdom - Paper Sacks and Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Paper Sack and Bag in the UK - 2023
Contents:
- Price for Paper Sack and Bag in the UK (CIF) - 2023
- Price for Paper Sack and Bag in the UK (FOB) - 2023
- Imports of Paper Sack and Bag in the UK
- Exports of Paper Sack and Bag in the UK
Price for Paper Sack and Bag in the UK (CIF) - 2023
In June 2023, the average paper sack and bag import price amounted to $3,405 per ton, reducing by -3.5% against the previous month. Overall, the import price recorded a slight decrease. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 44% against the previous month. As a result, import price attained the peak level of $4,858 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($4,903 per ton), while the price for Ireland ($1,615 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paper Sack and Bag in the UK (FOB) - 2023
In June 2023, the average paper sack and bag export price amounted to $3,446 per ton, which is down by -7.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 40% against the previous month. As a result, the export price attained the peak level of $5,228 per ton. From April 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Germany ($5,197 per ton), while the average price for exports to Spain ($2,508 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paper Sack and Bag in the UK
In 2022, supplies from abroad of paper sacks and bags was finally on the rise to reach 87K tons after two years of decline. In general, imports, however, showed a drastic downturn.
In value terms, paper sack and bag imports expanded sharply to $274M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Paper Sack and Bag in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 87.8 | 62.5 | 84.6 | 89.1 | 0.5% |
Germany | 28.2 | 27.3 | 25.0 | 27.8 | -0.5% |
Italy | 21.3 | 21.1 | 25.2 | 26.5 | 7.6% |
Poland | 22.9 | 22.5 | 9.2 | 18.9 | -6.2% |
Turkey | 9.0 | 7.1 | 15.1 | 15.9 | 20.9% |
Spain | 7.4 | 7.2 | 9.8 | 10.4 | 12.0% |
United Arab Emirates | 2.3 | 4.0 | 9.3 | 9.8 | 62.1% |
France | 12.5 | 9.0 | 6.9 | 9.8 | -7.8% |
India | 4.3 | 3.7 | 7.6 | 8.0 | 23.0% |
Slovenia | 2.8 | 3.6 | 5.9 | 6.2 | 30.3% |
Netherlands | 6.6 | 5.4 | 5.0 | 5.8 | -4.2% |
Slovakia | 4.7 | 3.9 | 4.7 | 4.9 | 1.4% |
Belgium | 6.0 | 4.1 | 4.1 | 4.9 | -6.5% |
Others | 33.7 | 28.1 | 30.8 | 36.0 | 2.2% |
Total | 250 | 209 | 243 | 274 | 3.1% |
Top Suppliers of Paper Sack and Bag to the UK in 2022:
- China (16.9K tons)
- Germany (12.5K tons)
- Poland (9.0K tons)
- Italy (8.3K tons)
- Turkey (5.1K tons)
- United Arab Emirates (4.6K tons)
- Spain (4.1K tons)
- India (3.7K tons)
- France (2.8K tons)
- Slovenia (2.3K tons)
- Netherlands (2.0K tons)
- Slovakia (1.9K tons)
- Belgium (1.8K tons)
Exports of Paper Sack and Bag in the UK
After three years of growth, shipments abroad of paper sacks and bags decreased by -14.6% to 31K tons in 2022. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 16%.
In value terms, paper sack and bag exports dropped to $94M in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year.
Export of Paper Sack and Bag in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 10.3 | 16.2 | 24.9 | 22.3 | 29.4% |
Ireland | 25.0 | 25.3 | 22.4 | 21.4 | -5.1% |
Germany | 10.0 | 16.3 | 14.2 | 12.7 | 8.3% |
Netherlands | 8.5 | 9.6 | 12.3 | 11.0 | 9.0% |
United States | 5.8 | 7.3 | 4.9 | 5.3 | -3.0% |
Poland | 4.3 | 5.9 | 4.8 | 4.4 | 0.8% |
Spain | 1.7 | 1.9 | 2.6 | 2.3 | 10.6% |
Others | 15.3 | 12.1 | 14.6 | 14.6 | -1.5% |
Total | 80.8 | 94.6 | 101 | 94.1 | 5.2% |
Top Export Markets for Paper Sack and Bag from the UK in 2022:
- France (9.5K tons)
- Ireland (6.9K tons)
- Netherlands (4.2K tons)
- Germany (3.2K tons)
- Poland (1.3K tons)
- United States (1.3K tons)
- Spain (1.0K tons)
This report provides an in-depth analysis of the market for paper sack and bag in the UK. 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)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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