CIS: Plastic Bag Market 2024

Plastic Bag Market Size in CIS

The CIS plastic bag market fell to $X in 2022, remaining relatively unchanged against the previous year. In general, consumption showed a pronounced slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Plastic Bag Production in CIS

In value terms, plastic bag production shrank to $X in 2022 estimated in export price. Overall, production saw a perceptible curtailment. The growth pace was the most rapid in 2017 when the production volume increased by 12%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Plastic Bag Exports

Exports in CIS

In 2022, overseas shipments of plastic sacks and bags decreased by -11.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 32% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, plastic bag exports totaled $X in 2022. Overall, exports, however, showed resilient growth. The growth pace was the most rapid in 2013 with an increase of 30%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Russia (X tons) was the main exporter of plastic sacks and bags, committing 67% of total exports. It was distantly followed by Belarus (X tons), achieving a 23% share of total exports. The following exporters - Azerbaijan (X tons), Uzbekistan (X tons) and Moldova (X tons) - together made up 7.8% of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic bag exports from Russia stood at +17.5%. At the same time, Uzbekistan (+41.0%), Belarus (+2.5%) and Azerbaijan (+1.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +41.0% from 2012-2022. By contrast, Moldova (-2.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Uzbekistan increased by +31 and +2.5 percentage points, respectively.

In value terms, Russia ($X), Belarus ($X) and Moldova ($X) constituted the countries with the highest levels of exports in 2022, together comprising 95% of total exports. Azerbaijan and Uzbekistan lagged somewhat behind, together accounting for a further 3.5%.

Among the main exporting countries, Uzbekistan, with a CAGR of +52.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, surging by 13% against the previous year. Over the period under review, the export price, however, saw a slight contraction. The growth pace was the most rapid in 2013 when the export price increased by 19% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+7.9%), while the other leaders experienced mixed trends in the export price figures.

Plastic Bag Imports

Imports in CIS

In 2022, the amount of plastic sacks and bags imported in the CIS soared to X tons, with an increase of 18% compared with 2021 figures. The total import volume increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, plastic bag imports rose rapidly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 30%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan (X tons) and Russia (X tons) represented roughly 70% of total imports in 2022. Kyrgyzstan (X tons) held the next position in the ranking, followed by Belarus (X tons) and Azerbaijan (X tons). All these countries together took near 24% share of total imports. Armenia (X tons) and Moldova (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of +22.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported plastic sacks and bags in the CIS, comprising 44% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 22% share of total imports. It was followed by Belarus, with a 13% share.

In Russia, plastic bag imports plunged by an average annual rate of -1.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+0.9% per year) and Belarus (+5.1% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, reducing by -5.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 13% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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