Japan: Market for Paper Sacks And Bags 2024

Market Size for Paper Sacks And Bags in Japan

After two years of growth, the Japanese paper sack and bag market decreased by -1.1% to $X in 2021. Over the period under review, consumption recorded a perceptible descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Paper Sacks And Bags in Japan

In value terms, paper sack and bag production declined to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of 12% against the previous year. Paper sack and bag production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Paper Sacks And Bags

Exports from Japan

In 2021, the amount of paper sacks and bags exported from Japan surged to X tons, picking up by 18% against 2020 figures. The total export volume increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 20%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, paper sack and bag exports expanded significantly to $X in 2021. The total export value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2016 with an increase of 18%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons), Taiwan (Chinese) (X tons) and Thailand (X tons) were the main destinations of paper sack and bag exports from Japan, together comprising 56% of total exports. South Korea, China, Singapore, Vietnam and Hong Kong SAR lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +19.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper sack and bag exported from Japan were Thailand ($X), Vietnam ($X) and the United States ($X), with a combined 48% share of total exports.

In terms of the main countries of destination, Vietnam, with a CAGR of +15.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average paper sack and bag export price stood at $X per ton in 2021, dropping by -4.7% against the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 10%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Singapore ($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 Singapore (+0.2%), while the prices for the other major destinations experienced a decline.

Imports of Paper Sacks And Bags

Imports into Japan

In 2021, supplies from abroad of paper sacks and bags decreased by -7.8% to X tons, falling for the second year in a row after three years of growth. Overall, imports showed a noticeable descent. The pace of growth was the most pronounced in 2019 with an increase of 8.2% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, paper sack and bag imports dropped to $X in 2021. Over the period under review, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of 5.9%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest paper sack and bag supplier to Japan, accounting for a 84% share of total imports. Moreover, paper sack and bag imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. South Korea (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-3.3% per year) and South Korea (+0.9% per year).

In value terms, China ($X) constituted the largest supplier of paper sacks and bags to Japan, comprising 82% of total imports. The second position in the ranking was held by Vietnam ($X), with a 6% share of total imports. It was followed by South Korea, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-2.9% per year) and South Korea (-0.9% per year).

Import Prices by Country

In 2021, the average paper sack and bag import price amounted to $X per ton, picking up by 7.2% against the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Cambodia ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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