Indonesia: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in Indonesia

The Indonesian sack kraft paper market soared to $X in 2022, rising by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Sack Kraft Paper Exports

Exports from Indonesia

In 2022, exports of sack kraft paper from Indonesia reduced rapidly to X tons, waning by -39.2% on 2021 figures. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 363%. As a result, the exports attained the peak of X tons, and then fell sharply in the following year.

In value terms, sack kraft paper exports dropped notably to $X in 2022. Overall, exports, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2021 when exports increased by 345%. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

Kuwait (X tons) was the main destination for sack kraft paper exports from Indonesia, accounting for a 75% share of total exports. Moreover, sack kraft paper exports to Kuwait exceeded the volume sent to the second major destination, Cambodia (X tons), sixfold. The third position in this ranking was taken by Vietnam (X tons), with a 4% share.

From 2012 to 2022, the average annual growth rate of volume to Kuwait totaled +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (-49.0% per year) and Vietnam (-13.7% per year).

In value terms, Kuwait ($X) remains the key foreign market for sack kraft paper exports from Indonesia, comprising 81% of total exports. The second position in the ranking was taken by Cambodia ($X), with a 7.3% share of total exports. It was followed by the United Arab Emirates, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value to Kuwait totaled +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (-49.2% per year) and the United Arab Emirates (+18.0% per year).

Export Prices by Country

The average sack kraft paper export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2013 an increase of 13% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Cambodia ($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 Cambodia (-0.3%), while the prices for the other major destinations experienced a decline.

Sack Kraft Paper Imports

Imports into Indonesia

In 2022, the amount of sack kraft paper imported into Indonesia soared to X tons, with an increase of 18% against the previous year. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 21% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, sack kraft paper imports soared to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), Sweden (X tons) and the United States (X tons) were the main suppliers of sack kraft paper imports to Indonesia, together comprising 29% of total imports. Japan, Singapore, Austria, Canada, China and Germany lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +42.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sack kraft paper suppliers to Indonesia were Russia ($X), Sweden ($X) and Japan ($X), with a combined 28% share of total imports. The United States, Austria, Canada, Singapore, China and Germany lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, Singapore, with a CAGR of +29.3%, saw the highest growth rate of 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

In 2022, the average sack kraft paper import price amounted to $X per ton, surging by 16% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform