Overview of the Global Market for Paper Sacks And Bags

Market Size for Paper Sacks And Bags

The global paper sack and bag market was estimated at $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the global market failed to regain momentum.

Production of Paper Sacks And Bags

In value terms, paper sack and bag production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when the production volume increased by X%. Global production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Exports of Paper Sacks And Bags

Exports

In 2023, shipments abroad of paper sacks and bags decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, total exports indicated measured growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked at X tons in 2022, and then declined in the following year.

In value terms, paper sack and bag exports fell to $X in 2023. Overall, total exports indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked at $X in 2022, and then declined in the following year.

Exports by Country

China was the major exporter of paper sacks and bags in the world, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. Italy (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United States (X%) and Germany (X%). The following exporters - Poland (X tons), Brazil (X tons), Turkey (X tons), Canada (X tons), Spain (X tons), Mexico (X tons), Vietnam (X tons), Belgium (X tons) and India (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to paper sack and bag exports from China stood at X%. At the same time, India (X%), Vietnam (X%), Poland (X%), Brazil (X%), Canada (X%), Mexico (X%), the United States (X%), Turkey (X%), Germany (X%) and Italy (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Belgium and Spain experienced a relatively flat trend pattern. While the share of China (X p.p.) and India (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest paper sack and bag supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Italy ($X), with an X% share of global exports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average paper sack and bag export price amounted to $X per ton, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the average export price increased by X% against the previous year. The global export price peaked in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports

After two years of growth, purchases abroad of paper sacks and bags decreased by X% to X tons in 2023. Overall, total imports indicated a perceptible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Global imports peaked at X tons in 2022, and then declined in the following year.

In value terms, paper sack and bag imports dropped to $X in 2023. In general, total imports indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at $X in 2022, and then declined in the following year.

Imports by Country

In 2023, the United States (X tons), distantly followed by Germany (X tons) and France (X tons) were the major importers of paper sacks and bags, together comprising X% of total imports. Australia (X tons), Canada (X tons), the UK (X tons), the Netherlands (X tons), Belgium (X tons), Spain (X tons), Italy (X tons), Japan (X tons), Denmark (X tons) and Austria (X tons) held a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to paper sack and bag imports into the United States stood at X%. At the same time, Australia (X%), Germany (X%), Canada (X%), Denmark (X%), Belgium (X%), Spain (X%), Austria (X%), Italy (X%), France (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. The UK and Japan experienced a relatively flat trend pattern. While the share of the United States (X p.p.), Germany (X p.p.) and Australia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported paper sacks and bags worldwide, comprising X% of global imports. The second position in the ranking was taken by France ($X), with an X% share of global imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United States totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average paper sack and bag import price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. Global import price peaked in 2023 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform