Thailand: Sack And Bag Market 2025

Sack And Bag Market Size in Thailand

The Thai sack and bag market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a pronounced decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sack And Bag Production in Thailand

In value terms, sack and bag production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production recorded resilient growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Sack And Bag Exports

Exports from Thailand

In 2022, overseas shipments of sacks and bags decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sack and bag exports fell slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Myanmar (X tons) and Australia (X tons) were the main destinations of sack and bag exports from Thailand, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for sacks and bags exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with an X% share of total exports. It was followed by Myanmar, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2022, the average sack and bag export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, 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 Japan ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sack And Bag Imports

Imports into Thailand

In 2022, supplies from abroad of sacks and bags increased by X% to X tons, rising for the seventh consecutive year after three years of decline. Overall, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sack and bag imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Vietnam (X tons) and India (X tons) were the main suppliers of sack and bag imports to Thailand, with a combined X% share of total imports. Indonesia, Myanmar and Bangladesh lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and India ($X) were the largest sack and bag suppliers to Thailand, together comprising X% of total imports. Indonesia, Myanmar and Bangladesh lagged somewhat behind, together accounting for a further X%.

Myanmar, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sack and bag import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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