Turkey: Market for Paper Sacks And Bags 2024

Market Size for Paper Sacks And Bags in Turkey

The Turkish paper sack and bag market skyrocketed to $X in 2021, rising by 26% against the previous year. In general, consumption enjoyed a buoyant expansion. Paper sack and bag consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Paper Sacks And Bags in Turkey

In value terms, paper sack and bag production soared to $X in 2021 estimated in export price. In general, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 69% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Paper Sacks And Bags

Exports from Turkey

In 2021, shipments abroad of paper sacks and bags increased by 34% to X tons, rising for the sixth consecutive year after two years of decline. Overall, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper sack and bag exports skyrocketed to $X in 2021. Over the period under review, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), France (X tons) and Israel (X tons) were the main destinations of paper sack and bag exports from Turkey, together accounting for 41% of total exports. These countries were followed by Germany, the UK, Iraq, Azerbaijan, Guinea, Georgia, Belgium, the Netherlands, Libya and Morocco, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +137.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Germany ($X) appeared to be the largest markets for paper sack and bag exported from Turkey worldwide, together accounting for 42% of total exports. Israel, the UK, Iraq, Azerbaijan, the Netherlands, Belgium, Georgia, Guinea, Libya and Morocco lagged somewhat behind, together accounting for a further 38%.

Morocco, with a CAGR of +117.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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, growing by 19% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2014 an increase of 37%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Guinea ($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 Libya (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports into Turkey

In 2021, supplies from abroad of paper sacks and bags decreased by -5.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of 20%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, paper sack and bag imports expanded sharply to $X in 2021. Overall, imports showed a noticeable downturn. The growth pace was the most rapid in 2019 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of paper sack and bag imports to Turkey, together comprising 65% of total imports. The Netherlands, France, China and Poland lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +58.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paper sack and bag suppliers to Turkey were Spain ($X), Italy ($X) and Germany ($X), with a combined 61% share of total imports. These countries were followed by China, the Netherlands, France and Poland, which together accounted for a further 28%.

Poland, with a CAGR of +41.8%, recorded 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 2021, the average paper sack and bag import price amounted to $X per ton, increasing by 12% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +9.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average import price increased by 80% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Free Zones (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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