Azerbaijan: Sack And Bag Market 2025

Sack And Bag Market Size in Azerbaijan

In 2022, the Azerbaijani sack and bag market increased by X% to $X, rising for the fifth year in a row after four years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sack and bag consumption peaked in 2022 and is expected to retain growth in the immediate term.

Sack And Bag Production in Azerbaijan

In value terms, sack and bag production declined modestly to $X in 2022 estimated in export price. Overall, production, however, showed a drastic downturn. The growth pace was the most rapid in 2013 with an increase of X%. Sack and bag production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Sack And Bag Exports

Exports from Azerbaijan

Sack and bag exports from Azerbaijan reached X tons in 2022, therefore, remained relatively stable against 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sack and bag exports skyrocketed to $X in 2022. Overall, exports enjoyed a perceptible increase. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons) was the main destination for sack and bag exports from Azerbaijan, with a X% share of total exports. Moreover, sack and bag exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold. The third position in this ranking was taken by Sweden (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Sweden (X% per year).

In value terms, Russia ($X) remains the key foreign market for sacks and bags exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Sweden (X% per year).

Export Prices by Country

The average sack and bag export price stood at $X per ton in 2022, growing by X% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sack and bag export price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sack And Bag Imports

Imports into Azerbaijan

In 2022, overseas purchases of sacks and bags increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sack and bag imports soared to $X in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Iran (X tons), Turkey (X tons) and Turkmenistan (X tons) were the main suppliers of sack and bag imports to Azerbaijan, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkmenistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Iran ($X) and Turkmenistan ($X) constituted the largest sack and bag suppliers to Azerbaijan, with a combined X% share of total imports.

Turkmenistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sack and bag import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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