Luxembourg: Paper Bag Market 2024

Paper Bag Market Size in Luxembourg

The Luxembourg paper bag market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption enjoyed a remarkable increase. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Paper Bag Production in Luxembourg

In value terms, paper bag production totaled $X in 2021 estimated in export price. Over the period under review, production showed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 522% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Paper Bag Exports

Exports from Luxembourg

In 2021, the amount of sacks and bags of paper exported from Luxembourg surged to X tons, increasing by 31% against 2020. Over the period under review, exports posted a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 111%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, paper bag exports surged to $X in 2021. In general, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +57.0% against 2018 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 37%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for paper bag exports from Luxembourg, with a 60% share of total exports. Moreover, paper bag exports to Belgium exceeded the volume sent to the second major destination, Germany (X tons), threefold. France (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to +27.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+6.5% per year) and France (+2.2% per year).

In value terms, Belgium ($X) remains the key foreign market for sacks and bags of paper exports from Luxembourg, comprising 50% of total exports. The second position in the ranking was taken by France ($X), with a 22% share of total exports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium amounted to +25.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-4.0% per year) and Germany (+7.8% per year).

Export Prices by Country

In 2021, the average paper bag export price amounted to $X per ton, remaining constant against the previous year. In general, the export price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2013 an increase of 28%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Poland ($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 Germany (+1.2%), while the prices for the other major destinations experienced a decline.

Paper Bag Imports

Imports into Luxembourg

In 2021, imports of sacks and bags of paper into Luxembourg expanded notably to X tons, with an increase of 14% on 2020. The total import volume increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper bag imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest paper bag supplier to Luxembourg, accounting for a 42% share of total imports. Moreover, paper bag imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-2.1% per year) and France (-3.1% per year).

In value terms, Germany ($X), Belgium ($X) and France ($X) appeared to be the largest paper bag suppliers to Luxembourg, together comprising 70% of total imports. These countries were followed by Italy, Spain, the Netherlands and Austria, which together accounted for a further 24%.

The Netherlands, with a CAGR of +10.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper bag import price stood at $X per ton in 2021, surging by 3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 12%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a 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 Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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