Guatemala: Sack And Bag Market 2025

Sack And Bag Market Size in Guatemala

For the fourth year in a row, the Guatemalan sack and bag market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Sack And Bag Production in Guatemala

In value terms, sack and bag production rose to $X in 2022 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Sack And Bag Exports

Exports from Guatemala

In 2022, overseas shipments of sacks and bags increased by X% to X tons, rising for the seventh consecutive year after three years of decline. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, sack and bag exports rose sharply to $X in 2022. In general, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Honduras (X tons), Nicaragua (X tons) and Costa Rica (X tons) were the main destinations of sack and bag exports from Guatemala, together comprising X% of total exports. El Salvador, the United States, the Dominican Republic and Mexico lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sack and bag exported from Guatemala were El Salvador ($X), Costa Rica ($X) and Honduras ($X), together accounting for X% of total exports. Nicaragua, the United States, the Dominican Republic and Mexico lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, 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

The average sack and bag export price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sack And Bag Imports

Imports into Guatemala

In 2022, after two years of growth, there was significant decline in supplies from abroad of sacks and bags, when their volume decreased by X% to X tons. In general, imports, however, showed a strong expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, sack and bag imports stood at $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

India (X tons), China (X tons) and Nicaragua (X tons) were the main suppliers of sack and bag imports to Guatemala, with a combined X% share of total imports. El Salvador, Honduras, Bangladesh, Vietnam and Mexico lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest sack and bag suppliers to Guatemala were India ($X), China ($X) and Honduras ($X), together accounting for X% of total imports. El Salvador, Bangladesh, Nicaragua, Vietnam and Mexico lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sack and bag import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform