Which Country Imports the Most Sacks and Bags in the World?

IndexBox has just published a new report "World: Road Tractors For Semi;Trailers ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, approx. 5.9M tonnes of tractor were imported worldwide; shrinking by ;7.2% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when import increased by 31% y;o;y. Global tractor import peaked of 6.7M tonnes in 2013; however, from 2014 to 2016, it failed to regain its strength.

In value terms, tractor imports amounted to $44B in 2016. In general, tractor imports continue to indicate a relatively flat trend pattern. Global tractor import peaked of $51B in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Tractor Importing Countries in the World

1. USA (8.2 billion USD)

2. France (2.8 billion USD)

3. Canada (2.8 billion USD)

4. Germany (2.4 billion USD)

5. Poland (1.7 billion USD)

6. Italy (1.6 billion USD)

7. United Kingdom (1.5 billion USD)

8. Spain (1.4 billion USD)

9. Belgium (1.2 billion USD)

10. Netherlands (1.1 billion USD)

11. Russia (0.7 billion USD)

12. United Arab Emirates (0.3 billion USD)

Tractor Imports By Country

In 2016, the U.S. (1.2M tonnes), distantly followed by Canada (397K tonnes) represented the largest importers of tractor, together creating 26% of total imports. France (265K tonnes), Germany (249K tonnes), Poland (217K tonnes), the Netherlands (202K tonnes), Italy (190K tonnes), Belgium (177K tonnes), the UK (140K tonnes), Spain (137K tonnes), Russia (111K tonnes), and United Arab Emirates (95K tonnes) took the slight share of total imports.

The U.S. was also the fastest growing in terms of the tractor imports, with a CAGR of +7.7% from 2007 to 2016. At the same time, Canada (+2.6%), the Netherlands (+1.5%), the UK (+1.2%), and Germany (+1.1%) displayed positive paces of growth. By contrast, Poland (;1.5%), United Arab Emirates (;2.0%), Spain (;2.4%), Belgium (;3.5%), Italy (;3.6%), France (;5.4%), and Russia (;12.0%) illustrated a downward trend over the same period. From 2007 to 2016, the share of Russia, and France increased by 4%, and 3% percentage points, while the U.S. (;9.6%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($8.2B) constitutes the largest market for imported tractor worldwide, making up 19% of global imports. The second position in the ranking was occupied by France ($2.8B), with the share of 7% of global imports. It was followed by Canada, with the share of 6%.

From 2007 to 2016, the average annual rate of growth in terms of value of tractor imports in the U.S. stood at +8.1%. The remaining importing countries recorded the following average annual rates: France (;0.1% per year) and Canada (+3.4% per year).

Tractor Import Prices By Country

The average tractor import price stood at $7,369 per tonne in 2016, reducing by ;2.1% against the previous year. Overall, tractor import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when import price increased by 15% against the previous year level. In that year, average tractor import price reached its maximum level of $8,651 per tonne. From 2009 to 2016, growth of average tractor import price failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the UK ($11 per kg), while United Arab Emirates ($2,759 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of tractor import prices was attained by France (+5.6% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global tractor market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• tractor market share
• tractor prices
• tractor industry
• tractor sales
• tractor import
• tractor export
• tractor market forecast
• tractor price forecast
• key tractor producers

All data provided in this article covers the following product: HS Code 8701 ; Tractors; (other than tractors of heading no 8709).

Source: World: Road Tractors For Semi;Trailers ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Sacks And Bags - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of sack and bag imported worldwide amounted to 3.1M tonnes, approximately equating the previous year level. The total import volume increased at an average annual rate of +1.8% over the period from 2007 to 2016- the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2011, when it surged by 7% year-to-year. Over the period under review, global sack and bag imports attained its maximum volume of 3.1M tonnes in 2015, falling back in the following year.

In value terms, sack and bag imports amounted to $4.1B in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, sack and bag imports decreased by -8.3% against its level of 2014. Global sack and bag import peaked of $4.4B in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.

Top Sack And Bag Importing Countries in the World

1. USA (543.4 million USD)

2. Japan (408.3 million USD)

3. South Korea (238.0 million USD)

4. Germany (232.2 million USD)

5. Netherlands (155.9 million USD)

6. Russia (108.3 million USD)

7. India (47.9 million USD)

8. China (37.6 million USD)

9. Thailand (28.0 million USD)

10. Turkey (10.7 million USD)

11. Bangladesh (6.9 million USD)

12. Pakistan (6.7 million USD)

Sack And Bag Imports By Country

In 2016, China (625K tonnes), distantly followed by India (298K tonnes), Bangladesh (222K tonnes), the U.S. (184K tonnes), and Japan (152K tonnes) represented the main importers of sack and bag, together committing 48% of total imports. The following importers - South Korea (110K tonnes), Turkey (108K tonnes), Germany (68K tonnes), Thailand (65K tonnes), Pakistan (60K tonnes), Russia (58K tonnes), and the Netherlands (57K tonnes) together made up 17% of total imports.

China experienced a relatively flat trend pattern. At the same time, Thailand (+11.8%), South Korea (+6.3%), the Netherlands (+5.3%), Russia (+4.9%), Japan (+4.3%), the U.S. (+3.2%), Pakistan (+2.5%), Germany (+1.9%), India (+1.8%), and Bangladesh (+1.1%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing importer/exporter in the world, with a CAGR of +11.8% from 2007-2016. Turkey experienced a relatively flat trend pattern. From 2007 to 2016, the share of South Korea, and Japan decreased by -1.5%, and -1.6% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($543M), Japan ($408M) and South Korea ($238M) appeared as the countries with the highest levels of imports in 2016, with a combined 29% share of global imports.Germany, the Netherlands, Russia, India, China, Thailand, Turkey, Bangladesh and Pakistan lagged somewhat behind, together accounting for a further 16%.

Bangladesh (+44.7% per year) recorded the highest rates of growth with regard to the sack and bag imports, among the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Sack And Bag Import Prices By Country

In 2016, the average import price for sack and bag amounted to $1,311 per tonne, dropping by -2.1% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +2.8%.The pace of growth was the most pronounced in 2010, an increase of 17% against the previous year level. Global sack and bag import peaked of $1,455 per tonne in 2014- however, from 2015 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was Germany ($3,424 per tonne), while Bangladesh ($31 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of sack and bag import prices was attained by Bangladesh (+46.5% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global sack and bag market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• sack and bag market share
• sack and bag prices
• sack and bag industry
• sack and bag sales
• sack and bag import
• sack and bag export
• sack and bag market forecast
• sack and bag price forecast
• key sack and bag producers

All data provided in this article covers the following product: HS Code 6305 - Sacks and bags, of a kind used for the packing of goods.

Source: World: Sacks And Bags - Market Report. Analysis and Forecast to 2025