Eastern Europe: Plastic Bag Market 2024

Plastic Bag Market Size in Eastern Europe

The East European plastic bag market reached $X in 2022, approximately mirroring the previous year. Over the period under review, consumption, however, recorded a noticeable decrease. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Plastic Bag Production in Eastern Europe

In value terms, plastic bag production totaled $X in 2022 estimated in export price. Overall, production saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 13% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Plastic Bag Exports

Exports in Eastern Europe

Plastic bag exports reached X tons in 2022, stabilizing at the previous year's figure. Total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2012 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 12% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, plastic bag exports expanded remarkably to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Poland (X tons) was the key exporter of plastic sacks and bags, generating 49% of total exports. It was distantly followed by Bulgaria (X tons), Lithuania (X tons), Slovakia (X tons), the Czech Republic (X tons) and Hungary (X tons), together mixing up a 38% share of total exports. Romania (X tons) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of +8.0% from 2012 to 2022. At the same time, Romania (+8.2%), Bulgaria (+5.2%), Hungary (+4.2%), Lithuania (+4.0%) and the Czech Republic (+1.9%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +8.2% from 2012-2022. By contrast, Slovakia (-1.5%) illustrated a downward trend over the same period. Poland (+11 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Slovakia saw its share reduced by -2.6% and -6.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest plastic bag supplier in Eastern Europe, comprising 45% of total exports. The second position in the ranking was taken by Hungary ($X), with a 10% share of total exports. It was followed by Lithuania, with a 9% share.

In Poland, plastic bag exports increased at an average annual rate of +8.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hungary (+4.0% per year) and Lithuania (+5.4% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by 4.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 13%. The level of export peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.8%), while the other leaders experienced more modest paces of growth.

Plastic Bag Imports

Imports in Eastern Europe

In 2022, purchases abroad of plastic sacks and bags increased by 5.6% to X tons, rising for the fourth year in a row after two years of decline. The total import volume increased at an average annual rate of +3.7% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 13% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, plastic bag imports reached $X in 2022. The total import value increased at an average annual rate of +4.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Poland (X tons), the Czech Republic (X tons), Romania (X tons), Hungary (X tons) and Russia (X tons) represented roughly 77% of total imports in 2022. It was distantly followed by Slovakia (X tons), committing a 4.7% share of total imports. Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +10.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2022, with a combined 56% share of total imports.

Poland, with a CAGR of +7.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by 13%. The level of import peaked at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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