Czech Republic: Market for Paper Sacks And Bags 2024

Market Size for Paper Sacks And Bags in the Czech Republic

The Czech paper sack and bag market declined markedly to $X in 2021, with a decrease of -77.1% against the previous year. Overall, consumption faced a abrupt setback. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Production of Paper Sacks And Bags in the Czech Republic

In value terms, paper sack and bag production shrank notably to $X in 2021 estimated in export price. Overall, production showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, production attained the peak level of $X, and then dropped rapidly in the following year.

Exports of Paper Sacks And Bags

Exports from the Czech Republic

Paper sack and bag exports from the Czech Republic expanded notably to X tons in 2021, with an increase of 11% compared with 2020 figures. The total export volume increased at an average annual rate of +4.3% 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 appeared the most rapid in 2014 with an increase of 27% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, paper sack and bag exports skyrocketed to $X in 2021. Overall, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.6% 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 +83.6% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for paper sack and bag exports from the Czech Republic, with a 44% share of total exports. Moreover, paper sack and bag exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fourfold. The third position in this ranking was taken by France (X tons), with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+3.6% per year) and France (+5.5% per year).

In value terms, Germany ($X) remains the key foreign market for paper sacks and bags exports from the Czech Republic, comprising 45% of total exports. The second position in the ranking was held by Slovakia ($X), with an 11% share of total exports. It was followed by France, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+4.3% per year) and France (+7.7% per year).

Export Prices by Country

In 2021, the average paper sack and bag export price amounted to $X per ton, surging by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2018 an increase of 20%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Poland ($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 Hungary (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports into the Czech Republic

In 2021, imports of paper sacks and bags into the Czech Republic expanded significantly to X tons, growing by 8.3% on 2020. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -13.6% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 23%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, paper sack and bag imports rose sharply to $X in 2021. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 34%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Poland (X tons), Germany (X tons) and Slovakia (X tons) were the main suppliers of paper sack and bag imports to the Czech Republic, together accounting for 58% of total imports. Serbia, Italy, China and Ukraine lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +121.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and China ($X) constituted the largest paper sack and bag suppliers to the Czech Republic, together comprising 56% of total imports. These countries were followed by Slovakia, Italy, Serbia and Ukraine, which together accounted for a further 28%.

Ukraine, with a CAGR of +106.7%, recorded the highest growth rate of 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 paper sack and bag import price stood at $X per ton in 2021, picking up by 2.8% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paper sack and bag import price increased by +101.8% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :