Malaysia: Sack And Bag Market 2025

Sack And Bag Market Size in Malaysia

The Malaysian sack and bag market skyrocketed to $X in 2022, picking up by X% 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). Over the period under review, consumption continues to indicate a prominent increase. Sack and bag consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sack And Bag Exports

Exports from Malaysia

After three years of growth, overseas shipments of sacks and bags decreased by X% to X tons in 2022. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, sack and bag exports dropped to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

India (X tons), Singapore (X tons) and Togo (X tons) were the main destinations of sack and bag exports from Malaysia, with a combined X% share of total exports. Belgium, Norway, the UK, the United States and Australia 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 Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) emerged as the key foreign market for sacks and bags exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average sack and bag export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% 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 States ($X per ton), while the average price for exports to Togo ($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 Thailand (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sack And Bag Imports

Imports into Malaysia

In 2022, sack and bag imports into Malaysia skyrocketed to X tons, increasing by X% on 2021 figures. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sack and bag imports expanded significantly to $X in 2022. Overall, imports posted a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of sack and bag to Malaysia, accounting for a X% share of total imports. Moreover, sack and bag imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was taken by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of sacks and bags to Malaysia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

Import Prices by Country

The average sack and bag import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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