Latin America and the Caribbean: Sack And Bag Market 2025

Sack And Bag Market Size in Latin America and the Caribbean

The Latin American sack and bag market reached $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the near future.

Sack And Bag Production in Latin America and the Caribbean

In value terms, sack and bag production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Sack And Bag Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of sacks and bags increased by X% to X tons, rising for the third consecutive year after two years of decline. Total exports indicated buoyant growth from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, sack and bag exports expanded markedly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Mexico was the major exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Guatemala (X tons), Ecuador (X tons), Honduras (X tons), Colombia (X tons) and Brazil (X tons), together comprising a X% share of total exports. Peru (X tons) held a relatively small share of total exports.

Exports from Mexico increased at an average annual rate of X% from 2012 to 2022. At the same time, Honduras (X%), Guatemala (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Honduras emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Brazil experienced a relatively flat trend pattern. By contrast, Peru (X%) and Ecuador (X%) illustrated a downward trend over the same period. Mexico (X p.p.), Honduras (X p.p.) and Guatemala (X p.p.) significantly strengthened its position in terms of the total exports, while Colombia, Peru, Brazil and Ecuador saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, Mexico ($X) remains the largest sack and bag supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mexico was relatively modest. In the other countries, the average annual rates were as follows: Guatemala (X% per year) and Honduras (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Ecuador ($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 other leaders experienced more modest paces of growth.

Sack And Bag Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of sacks and bags decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then shrank modestly in the following year.

In value terms, sack and bag imports expanded rapidly to $X in 2022. Total imports indicated a notable increase 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, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

Chile represented the main importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Guatemala (X tons), Peru (X tons), Colombia (X tons), Costa Rica (X tons) and Nicaragua (X tons), together making up a X% share of total imports. Brazil (X tons), Uruguay (X tons), Honduras (X tons), El Salvador (X tons), Argentina (X tons), Haiti (X tons) and Panama (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sack and bag imports into Chile stood at X%. At the same time, Panama (X%), Guatemala (X%), El Salvador (X%), Nicaragua (X%), Costa Rica (X%), Haiti (X%), Uruguay (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Peru experienced a relatively flat trend pattern. By contrast, Argentina (X%), Honduras (X%) and Colombia (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Guatemala (X p.p.), Panama (X p.p.), Nicaragua (X p.p.) and El Salvador (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Peru (X p.p.), Honduras (X p.p.) and Colombia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported sacks and bags in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Guatemala ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Chile totaled X%. In the other countries, the average annual rates were as follows: Guatemala (X% per year) and Peru (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Panama ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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