Overview of the Global Market for Paper Sacks And Bags

Market Size for Paper Sacks And Bags

The global paper sack and bag market expanded modestly to $X in 2021, rising by 3% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2018 with an increase of 6.6% against the previous year. Over the period under review, the global market reached the maximum level in 2021 and is expected to retain growth in years to come.

Production of Paper Sacks And Bags

In value terms, paper sack and bag production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2019 with an increase of 10%. As a result, production reached the peak level of $X. From 2020 to 2021, global production growth remained at a somewhat lower figure.

Exports of Paper Sacks And Bags

Exports

Global paper sack and bag exports skyrocketed to X tons in 2021, rising by 17% on the previous year's figure. The total export volume increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable 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.

In value terms, paper sack and bag exports surged to $X in 2021. The total export value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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 achieving 41% of total exports. The following exporters - 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) - together made up 26% of total exports.

Exports from China increased at an average annual rate of +4.2% from 2012 to 2021. 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. Serbia (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest paper sack and bag supplier worldwide, comprising 28% of global exports. The second position in the ranking was taken by Italy ($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 totaled +6.0%. In the other countries, the average annual rates were as follows: Italy (+3.3% per year) and Germany (+4.6% per year).

Export Prices by Country

The average paper sack and bag export price stood at $X per ton in 2021, with an increase of 6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The global export price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

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 global leaders experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports

In 2021, the amount of paper sacks and bags imported worldwide surged to X tons, increasing by 16% compared with the year before. The total import volume increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper sack and bag imports soared to $X in 2021. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons), distantly followed by France (X tons) and Germany (X tons) represented the main importers of paper sacks and bags, together constituting 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 ($X) constitutes the largest market for imported paper sacks and bags worldwide, comprising 18% of global imports. The second position in the ranking was held by France ($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 expanded 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 average paper sack and bag import price amounted to $X per ton, surging by 5.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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