Azerbaijan: Market for Paper Sacks And Bags 2025

Market Size for Paper Sacks And Bags in Azerbaijan

In 2021, after four years of growth, there was significant decline in the Azerbaijani paper sack and bag market, when its value decreased by -5.4% to $X. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted in the following year.

Production of Paper Sacks And Bags in Azerbaijan

In value terms, paper sack and bag production shrank to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +119.7% against 2014 indices. The pace of growth was the most pronounced in 2015 with an increase of 52% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then dropped in the following year.

Exports of Paper Sacks And Bags

Exports from Azerbaijan

Paper sack and bag exports from Azerbaijan skyrocketed to X tons in 2021, growing by 91% compared with the year before. Over the period under review, exports, however, continue to indicate a dramatic descent. The growth pace was the most rapid in 2016 when exports increased by 9,330% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, paper sack and bag exports skyrocketed to $X in 2021. In general, exports, however, faced a significant contraction. The growth pace was the most rapid in 2016 with an increase of 9,771%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Georgia (X tons) was the main destination for paper sack and bag exports from Azerbaijan, with a 85% share of total exports. Moreover, paper sack and bag exports to Georgia exceeded the volume sent to the second major destination, Spain (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Georgia amounted to +59.9%.

In value terms, Georgia ($X) remains the key foreign market for paper sacks and bags exports from Azerbaijan, comprising 71% of total exports. The second position in the ranking was taken by Spain ($X), with a 29% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Georgia totaled +61.9%.

Export Prices by Country

The average paper sack and bag export price stood at $X per ton in 2021, increasing by 32% against the previous year. In general, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 576% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Georgia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+72.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports into Azerbaijan

Paper sack and bag imports into Azerbaijan contracted to X tons in 2021, waning by -3.7% compared with 2020 figures. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 16%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, paper sack and bag imports stood at $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +35.3% against 2014 indices. The pace of growth was the most pronounced in 2014 with an increase of 32% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Turkey (X tons), Russia (X tons) and Ukraine (X tons) were the main suppliers of paper sack and bag imports to Azerbaijan, together comprising 93% of total imports.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +68.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper sack and bag suppliers to Azerbaijan were Turkey ($X), Russia ($X) and Ukraine ($X), together accounting for 86% of total imports.

Among the main suppliers, Ukraine, with a CAGR of +67.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper sack and bag import price stood at $X per ton in 2021, rising by 10% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +9.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of 31% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :