ASEAN: Market for Paper Sacks And Bags 2025

Market Size for Paper Sacks And Bags in ASEAN

The ASEAN paper sack and bag market expanded to $X in 2021, picking up by 2% against the previous year. The market value increased at an average annual rate of +3.8% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Paper Sacks And Bags in ASEAN

In value terms, paper sack and bag production expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 36% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Paper Sacks And Bags

Exports in ASEAN

In 2021, overseas shipments of paper sacks and bags increased by 30% to X tons, rising for the sixth consecutive year after three years of decline. Total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +92.7% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper sack and bag exports soared to $X in 2021. Overall, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2016 when exports increased by 29% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

In 2021, Vietnam (X tons) represented the major exporter of paper sacks and bags, committing 41% of total exports. Malaysia (X tons) held the second position in the ranking, followed by Indonesia (X tons) and Thailand (X tons). All these countries together held approx. 52% share of total exports. The following exporters - Cambodia (X tons) and Singapore (X tons) - together made up 4.9% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Cambodia (with a CAGR of +50.2%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest paper sack and bag supplier in ASEAN, comprising 46% of total exports. The second position in the ranking was held by Indonesia ($X), with a 22% share of total exports. It was followed by Malaysia, with a 17% share.

In Vietnam, paper sack and bag exports increased at an average annual rate of +20.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Indonesia (+0.8% per year) and Malaysia (+2.4% per year).

Export Prices by Country

In 2021, the export price in ASEAN amounted to $X per ton, falling by -5.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2013 when the export price increased by 19% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.7%), while the other leaders experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports in ASEAN

In 2021, overseas purchases of paper sacks and bags were finally on the rise to reach X tons after two years of decline. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 28%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, paper sack and bag imports soared to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-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 2016 when imports increased by 23%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Indonesia (X tons), Singapore (X tons), Malaysia (X tons) and Thailand (X tons) represented roughly 82% of total imports in 2021. It was distantly followed by the Philippines (X tons), committing a 7.6% share of total imports. The following importers - Lao People's Democratic Republic (X tons) and Vietnam (X tons) - together made up 7.6% of total imports.

From 2012 to 2021, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of +34.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Indonesia ($X) and Malaysia ($X) were the countries with the highest levels of imports in 2021, with a combined 64% share of total imports. These countries were followed by Thailand, the Philippines, Lao People's Democratic Republic and Vietnam, which together accounted for a further 33%.

Lao People's Democratic Republic, with a CAGR of +41.5%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2021, rising by 3.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 5.8% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2019; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Vietnam ($X per ton) and Thailand ($X per ton), while Malaysia ($X per ton) and Lao People's Democratic Republic ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform