Peru: Market for Paper Sacks And Bags 2025

Market Size for Paper Sacks And Bags in Peru

The Peruvian paper sack and bag market surged to $X in 2021, jumping by 127% 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). In general, consumption, however, recorded a sharp contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Paper Sacks And Bags

Exports from Peru

For the third year in a row, Peru recorded growth in shipments abroad of paper sacks and bags, which increased by 24% to X tons in 2021. In general, exports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 52% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, paper sack and bag exports surged to $X in 2021. Over the period under review, exports, however, saw a pronounced descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X tons), Colombia (X tons) and Ecuador (X tons) were the main destinations of paper sack and bag exports from Peru, with a combined 80% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +61.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper sack and bag exported from Peru were Bolivia ($X), Colombia ($X) and Ecuador ($X), with a combined 75% share of total exports.

Among the main countries of destination, Colombia, with a CAGR of +33.5%, saw the highest growth rate of 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

In 2021, the average paper sack and bag export price amounted to $X per ton, jumping by 18% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Bolivia ($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 Mexico (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports into Peru

In 2021, paper sack and bag imports into Peru skyrocketed to X tons, increasing by 66% on the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 79%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, paper sack and bag imports skyrocketed to $X in 2021. In general, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -27.1% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 57% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) constituted the largest supplier of paper sack and bag to Peru, accounting for a 45% share of total imports. Moreover, paper sack and bag imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Chile (X tons), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.6% per year) and Chile (-2.1% per year).

In value terms, China ($X), Brazil ($X) and Chile ($X) were the largest paper sack and bag suppliers to Peru, together comprising 69% of total imports. These countries were followed by Spain, Colombia, Mexico, Italy, Turkey and Austria, which together accounted for a further 24%.

Among the main suppliers, Turkey, with a CAGR of +195.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper sack and bag import price stood at $X per ton in 2021, waning by -12% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 an increase of 25% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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