Colombia: Market for Paper Sacks And Bags 2025

Market Size for Paper Sacks And Bags in Colombia

For the third year in a row, the Colombian paper sack and bag market recorded decline in sales value, which decreased by -1.5% to $X in 2021. The market value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Paper Sacks And Bags in Colombia

In value terms, paper sack and bag production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 15%. Paper sack and bag production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Paper Sacks And Bags

Exports from Colombia

In 2021, the amount of paper sacks and bags exported from Colombia surged to X tons, growing by 106% compared with 2020 figures. Overall, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper sack and bag exports surged to $X in 2021. In general, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for paper sack and bag exports from Colombia, with a 75% share of total exports. Moreover, paper sack and bag exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), tenfold. The third position in this ranking was taken by Panama (X tons), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +48.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+316.4% per year) and Panama (+24.5% per year).

In value terms, the United States ($X) remains the key foreign market for paper sacks and bags exports from Colombia, comprising 71% of total exports. The second position in the ranking was held by Canada ($X), with a 5.5% share of total exports. It was followed by Chile, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +42.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+214.1% per year) and Chile (+40.9% per year).

Export Prices by Country

The average paper sack and bag export price stood at $X per ton in 2021, falling by -3.4% against the previous year. Over the period under review, the export price saw a noticeable decrease. The growth pace was the most rapid in 2014 an increase of 14%. 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.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Canada ($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 Venezuela (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Paper Sacks And Bags

Imports into Colombia

In 2021, supplies from abroad of paper sacks and bags was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper sack and bag imports soared to $X in 2021. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 39%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), Peru (X tons) and Free Zones (X tons) were the main suppliers of paper sack and bag imports to Colombia, with a combined 64% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Free Zones (with a CAGR of +96.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Peru ($X) and China ($X) were the largest paper sack and bag suppliers to Colombia, with a combined 51% share of total imports. Spain, Chile, Free Zones, the United States, Mexico and Argentina lagged somewhat behind, together accounting for a further 42%.

Free Zones, with a CAGR of +57.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average paper sack and bag import price amounted to $X per ton, shrinking by -12.5% against the previous year. In general, the import price continues to indicate a mild descent. The pace of growth was the most pronounced in 2017 an increase of 11% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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 Argentina ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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