Puerto Rico: Market for Paper Sacks And Bags 2025

Market Size for Paper Sacks And Bags in Puerto Rico

In 2021, the Puerto Rican paper sack and bag market was finally on the rise to reach $X after two years of decline. In general, consumption saw a perceptible decline. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Paper Sacks And Bags in Puerto Rico

In value terms, paper sack and bag production rose to $X in 2021 estimated in export price. Overall, production recorded a perceptible reduction. The pace of growth was the most pronounced in 2018 when the production volume increased by 44% against the previous year. Puerto Rico production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Paper Sacks And Bags

Exports from Puerto Rico

In 2021, the amount of paper sacks and bags exported from Puerto Rico amounted to less than X kg, therefore, remained relatively stable against the year before. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, paper sack and bag exports totaled less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons), distantly followed by Italy (X tons), Germany (X tons) and the United States (X tons) represented the major exporters of paper sacks and bags, together constituting 41% of total exports. Poland (X tons), Brazil (X tons), Turkey (X tons), Spain (X tons), Canada (X tons), Mexico (X tons), Vietnam (X tons), Serbia (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to paper sack and bag exports from China stood at +4.2%. At the same time, Serbia (+19.9%), Vietnam (+14.8%), Poland (+9.3%), Brazil (+7.8%), Canada (+6.4%), Mexico (+6.3%), Turkey (+6.1%), Germany (+5.8%), Italy (+4.0%), the United States (+3.4%) and Spain (+2.3%) displayed positive paces of growth. Moreover, Serbia emerged as the fastest-growing exporter exported in the world, with a CAGR of +19.9% from 2012-2021. Belgium experienced a relatively flat trend pattern. From 2012 to 2021, the share of Serbia increased by +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest paper sack and bag supplier from Puerto Rico, comprising 28% of global exports. The second position in the ranking was taken by Italy ($X), with a 9.1% share of global exports. It was followed by Germany, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +6.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+3.3% per year) and Germany (+4.6% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.8%), while the other leaders experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports into Puerto Rico

In 2021, imports of paper sacks and bags into Puerto Rico stood at less than X kg, almost unchanged from the year before. In general, imports showed a relatively flat trend pattern.

In value terms, paper sack and bag imports stood at less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), distantly followed by France (X tons) and Germany (X tons) were the key importers of paper sacks and bags, together achieving 34% of total imports. The following importers - the UK (X tons), Canada (X tons), Belgium (X tons), the Netherlands (X tons), Australia (X tons), Spain (X tons), Russia (X tons), Italy (X tons), Austria (X tons) and Japan (X tons) - together made up 24% of total imports.

From 2012 to 2021, average annual rates of growth with regard to paper sack and bag imports into the United States stood at +8.8%. At the same time, Australia (+9.3%), Belgium (+8.5%), Germany (+8.3%), Canada (+7.4%), France (+5.7%), Austria (+5.6%), Spain (+3.9%), the Netherlands (+3.5%), Italy (+2.3%) and the UK (+1.5%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in the world, with a CAGR of +9.3% from 2012-2021. By contrast, Russia (-2.2%) and Japan (-2.7%) illustrated a downward trend over the same period. While the share of the United States (+5.9 p.p.) and Germany (+1.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported paper sacks and bags into Puerto Rico, comprising 18% of global imports. The second position in the ranking was taken by France ($X), with an 8.3% share of global imports. It was followed by Germany, with a 7.5% share.

In the United States, paper sack and bag imports increased at an average annual rate of +4.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: France (+4.5% per year) and Germany (+7.1% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, leveling off at the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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