Scandinavia: Market for Paper Sacks And Bags 2025

Market Size for Paper Sacks And Bags in Scandinavia

In 2021, the Scandinavia paper sack and bag market increased by 41% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +70.5% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Paper Sacks And Bags in Scandinavia

In value terms, paper sack and bag production soared to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Paper Sacks And Bags

Exports in Scandinavia

In 2021, the amount of paper sacks and bags exported in Scandinavia expanded notably to X tons, increasing by 9% against 2020 figures. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 11%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, paper sack and bag exports soared to $X in 2021. The total export value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark represented the largest exporting country with an export of around X tons, which finished at 55% of total exports. Sweden (X tons) ranks second in terms of the total exports with a 33% share, followed by Finland (8.1%). Norway (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Finland (with a CAGR of +4.7%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) constituted the countries with the highest levels of exports in 2021, with a combined 97% share of total exports.

Finland, with a CAGR of +9.2%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, surging by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+4.3%), while the other leaders experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports in Scandinavia

In 2021, approx. X tons of paper sacks and bags were imported in Scandinavia; reducing by -1.5% compared with the year before. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 17%. As a result, imports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, paper sack and bag imports soared to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of paper sacks and bags, namely Sweden, Denmark and Norway, represented more than two-thirds of total import. It was distantly followed by Finland (X tons), creating an 11% share of total imports. Iceland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iceland (with a CAGR of +17.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paper sack and bag importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Norway ($X), with a combined 86% share of total imports. Finland and Iceland lagged somewhat behind, together accounting for a further 14%.

Iceland, with a CAGR of +13.7%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, growing by 18% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Iceland ($X per ton) and Norway ($X per ton), while Sweden ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+0.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform