Spain: Paper Bag Market 2024

Paper Bag Market Size in Spain

The Spanish paper bag market skyrocketed to $X in 2021, with an increase of 27% against the previous year. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Paper Bag Production in Spain

In value terms, paper bag production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Paper Bag Exports

Exports from Spain

Paper bag exports from Spain rose sharply to X tons in 2021, picking up by 7.9% compared with the previous year's figure. Over the period under review, total exports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -3.9% against 2018 indices. The pace of growth was the most pronounced in 2018 when exports increased by 22% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, paper bag exports soared to $X in 2021. In general, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +76.8% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for paper bag exports from Spain, with a 41% share of total exports. Moreover, paper bag exports to France exceeded the volume sent to the second major destination, Portugal (X tons), twofold. The third position in this ranking was taken by Morocco (X tons), with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+3.6% per year) and Morocco (+8.1% per year).

In value terms, France ($X) remains the key foreign market for sacks and bags of paper exports from Spain, comprising 42% of total exports. The second position in the ranking was taken by Portugal ($X), with a 15% share of total exports. It was followed by Morocco, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+6.5% per year) and Morocco (+8.3% per year).

Export Prices by Country

In 2021, the average paper bag export price amounted to $X per ton, growing by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 21% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Brazil ($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 Italy (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Imports

Imports into Spain

In 2021, purchases abroad of sacks and bags of paper increased by 32% to X tons, rising for the fourth consecutive year after three years of decline. In general, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +122.0% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper bag imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Portugal (X tons) and Italy (X tons) were the main suppliers of paper bag imports to Spain, together accounting for 56% of total imports. These countries were followed by France, the Netherlands, Austria, China and Poland, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +48.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Portugal ($X) constituted the largest paper bag suppliers to Spain, with a combined 50% share of total imports. These countries were followed by Italy, China, the Netherlands, Austria and Poland, which together accounted for a further 35%.

In terms of the main suppliers, Austria, with a CAGR of +26.5%, 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 bag import price stood at $X per ton in 2021, surging by 1.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 55%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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