Brazil: Paper Bag Market 2024

Paper Bag Market Size in Brazil

After five years of growth, the Brazilian paper bag market decreased by -0.8% to $X in 2021. In general, consumption saw a mild setback. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Paper Bag Production in Brazil

In value terms, paper bag production fell slightly to $X in 2021 estimated in export price. Overall, production saw a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of 2.3%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Paper Bag Exports

Exports from Brazil

In 2021, paper bag exports from Brazil surged to X tons, rising by 34% against 2020 figures. Over the period under review, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.1% 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 +102.0% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper bag exports surged to $X in 2021. The total export value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Uruguay (X tons) and Argentina (X tons) were the main destinations of paper bag exports from Brazil, with a combined 39% share of total exports. These countries were followed by Paraguay, Bolivia, Mexico, Costa Rica, Senegal, the Dominican Republic, Peru, Jamaica, Colombia and Venezuela, which together accounted for a further 47%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of +49.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Argentina ($X) and Uruguay ($X) were the largest markets for paper bag exported from Brazil worldwide, with a combined 46% share of total exports. These countries were followed by Paraguay, Bolivia, Mexico, Costa Rica, Peru, Senegal, the Dominican Republic, Jamaica, Colombia and Venezuela, which together accounted for a further 41%.

Costa Rica, with a CAGR of +43.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average paper bag export price amounted to $X per ton, with a decrease of -1.8% against the previous year. In general, the export price showed a perceptible descent. The pace of growth appeared the most rapid in 2019 an increase of 4.3%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the 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 Argentina ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+2.5%), while the prices for the other major destinations experienced a decline.

Paper Bag Imports

Imports into Brazil

In 2021, paper bag imports into Brazil surged to X tons, picking up by 51% on 2020. In general, imports, however, recorded a deep setback. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, paper bag imports surged to $X in 2021. Overall, imports, however, showed a noticeable curtailment. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons), China (X tons) and India (X tons) were the main suppliers of paper bag imports to Brazil, together comprising 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +50.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of sacks and bags of paper to Brazil, comprising 44% of total imports. The second position in the ranking was held by Spain ($X), with a 14% share of total imports. It was followed by the United States, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-0.6% per year) and the United States (+3.2% per year).

Import Prices by Country

In 2021, the average paper bag import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paper bag import price increased by +67.8% against 2015 indices. The pace of growth was the most pronounced in 2020 an increase of 29% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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