Northern America: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in Northern America

The North American sack kraft paper market reduced to $X in 2022, waning by -2.5% against the previous year. The market value increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2021, and then dropped slightly in the following year.

Sack Kraft Paper Production in Northern America

In value terms, sack kraft paper production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 15%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Sack Kraft Paper Exports

Exports in Northern America

In 2022, the amount of sack kraft paper exported in Northern America expanded notably to X tons, increasing by 5.9% on 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 19% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sack kraft paper exports surged to $X in 2022. The total export value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States represented the major exporter of sack kraft paper in Northern America, with the volume of exports amounting to X tons, which was approx. 58% of total exports in 2022. It was distantly followed by Canada (X tons), making up a 42% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the United States (with a CAGR of +0.4%).

In value terms, the largest sack kraft paper supplying countries in Northern America were Canada ($X) and the United States ($X).

In terms of the main exporting countries, the United States, with a CAGR of +2.8%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, growing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.4%).

Sack Kraft Paper Imports

Imports in Northern America

Sack kraft paper imports stood at X tons in 2022, surging by 2.5% against 2021. The total import volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 13% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sack kraft paper imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) was the key importer of sack kraft paper, achieving 80% of total imports. It was distantly followed by Canada (X tons), creating a 20% share of total imports.

The United States was also the fastest-growing in terms of the sack kraft paper imports, with a CAGR of +1.5% from 2012 to 2022. Canada experienced a relatively flat trend pattern. While the share of the United States (+2.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-2.5 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported sack kraft paper in Northern America, comprising 83% of total imports. The second position in the ranking was held by Canada ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +3.5%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.5%).

Source: IndexBox Platform