Paper Sack And Bag Prices in the United States

U.S. Paper Sack And Bag Import Price per Ton in June 2022

In June 2022, the paper sack and bag price per ton amounted to $2.7K (CIF, US), almost unchanged from the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in April 2022 when the average import price increased by 7.7% m-o-m. The import price peaked at $2.8K per ton in May 2022, and then fell modestly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4.2K per ton), while the price for Brazil ($1.4K per ton) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Paper Sack And Bag Import Prices by Type

Average prices varied somewhat amongst the major supplied products. In August 2022, the product with the highest price was paper and paperboard; sacks and bags, including cones, of paper, paperboard, cellulose wadding or fibres, having a base width less than 40cm ($3.3K per ton), while the price for paper and paperboard; sacks and bags of paper, paperboard, cellulose wadding or fibres, having a base of a width of 40cm or more totaled $2.5K per ton.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by paper and paperboard; sacks and bags, including cones, of paper, paperboard, cellulose wadding or fibres, having a base width less than 40cm (+3.2%).

U.S. Paper Sack And Bag Imports

In August 2022, purchases abroad of paper sacks and bags was finally on the rise to reach 46K tons after two months of decline. The total import volume increased at an average monthly rate of +2.4% over the period from January 2022 to August 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain months. The most prominent rate of growth was recorded in March 2022 with an increase of 25% m-o-m. Imports peaked in August 2022.

In value terms, paper sack and bag imports soared to $142M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +5.7% from January 2022 to August 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

U.S. Paper Sack And Bag Imports by Type

In August 2022, paper and paperboard; sacks and bags, including cones, of paper, paperboard, cellulose wadding or fibres, having a base width less than 40cm (35K tons) constituted the largest type of paper sack and bag supplied to the United States, with a 78% share of total imports. Moreover, paper and paperboard; sacks and bags, including cones, of paper, paperboard, cellulose wadding or fibres, having a base width less than 40cm exceeded the figures recorded for the second-largest type, paper and paperboard; sacks and bags of paper, paperboard, cellulose wadding or fibres, having a base of a width of 40cm or more (10K tons), threefold.

From January 2022 to August 2022, the average monthly growth rate of the volume of import of paper and paperboard; sacks and bags, including cones, of paper, paperboard, cellulose wadding or fibres, having a base width less than 40cm amounted to +2.7%.

In value terms, paper and paperboard; sacks and bags, including cones, of paper, paperboard, cellulose wadding or fibres, having a base width less than 40cm ($117M) constituted the largest type of paper sack and bag supplied to the United States, comprising 82% of total imports. The second position in the ranking was taken by paper and paperboard; sacks and bags of paper, paperboard, cellulose wadding or fibres, having a base of a width of 40cm or more ($25M), with an 18% share of total imports.

U.S. Paper Sack And Bag Imports by Country

China (8.1K tons), Canada (6.8K tons) and Mexico (5K tons) were the main suppliers of paper sack and bag imports to the United States, with a combined 52% share of total imports. Vietnam, India, Brazil, Indonesia, Taiwan (Chinese), Turkey, Colombia and Germany lagged somewhat behind, together comprising a further 36%.

From January 2022 to June 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +15.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($25M), Canada ($20M) and Mexico ($12M) were the largest paper sack and bag suppliers to the United States, together comprising 56% of total imports. These countries were followed by Vietnam, India, Indonesia, Brazil, Taiwan (Chinese), Germany, Turkey and Colombia, which together accounted for a further 31%.

Indonesia, with a CAGR of +14.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform