Belgium: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in Belgium

The Belgian sack kraft paper market skyrocketed to $X in 2022, increasing by 63% against the previous year. Overall, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sack Kraft Paper Production in Belgium

In value terms, sack kraft paper production surged to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. The growth pace was the most rapid in 2020 with an increase of 226% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Sack Kraft Paper Exports

Exports from Belgium

In 2022, exports of sack kraft paper from Belgium shrank markedly to X tons, which is down by -97.3% compared with the previous year's figure. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 9,893% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sack kraft paper exports fell dramatically to $X in 2022. In general, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 9,390%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X tons), India (X tons) and Luxembourg (X tons) were the main destinations of sack kraft paper exports from Belgium, with a combined 94% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +107.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the key foreign market for sack kraft paper exports from Belgium, comprising 70% of total exports. The second position in the ranking was taken by India ($X), with an 11% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Turkey totaled +30.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+2.9% per year) and France (-29.8% per year).

Export Prices by Country

In 2022, the average sack kraft paper export price amounted to $X per ton, shrinking by -23.3% against the previous year. Overall, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 11%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to India ($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 Germany (+21.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sack Kraft Paper Imports

Imports into Belgium

In 2022, overseas purchases of sack kraft paper decreased by -62.7% to X tons, falling for the second year in a row after two years of growth. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 84% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sack kraft paper imports shrank rapidly to $X in 2022. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 64%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest sack kraft paper supplier to Belgium, with a 72% share of total imports. Moreover, sack kraft paper imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. The third position in this ranking was taken by the Netherlands (X tons), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic stood at -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-14.9% per year) and the Netherlands (+6.6% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of sack kraft paper to Belgium, comprising 72% of total imports. The second position in the ranking was held by Sweden ($X), with a 17% share of total imports. It was followed by the Netherlands, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-13.0% per year) and the Netherlands (+4.3% per year).

Import Prices by Country

In 2022, the average sack kraft paper import price amounted to $X per ton, rising by 26% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Finland ($X per ton) and Sweden ($X per ton), while the price for Austria ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform