Report Update: May 1, 2024

Indonesia - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights

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Cotton Bag Price in Indonesia - 2022

Cotton Bag Price in Indonesia (CIF) - 2022

In March 2022, the average cotton bag import price amounted to $11,974 per ton, with a decrease of -41.6% against the previous month. Over the period under review, the import price saw a mild setback. The most prominent rate of growth was recorded in May 2021 an increase of 74% month-to-month. The import price peaked at $20,492 per ton in February 2022, and then dropped remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($28,928 per ton), while the price for China ($7,197 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.3%), while the prices for the other major suppliers experienced a decline.

Cotton Bag Price in Indonesia (FOB) - 2022

In 2022, the average cotton bag export price amounted to $6,625 per ton, waning by -11.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 40% against the previous year. As a result, the export price attained the peak level of $9,983 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.5% per year.

Cotton Bag Imports in Indonesia

In 2022, cotton bag imports into Indonesia surged to 230 tons, with an increase of 49% on 2021. Over the period under review, imports recorded a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 70%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cotton bag imports skyrocketed to $3.1M in 2022. In general, imports showed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 72%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Cotton Bag in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	778	679	1,719	2,131	39.9%
Japan	826	397	99.4	538	-13.3%
Hong Kong SAR	923	31.3	29.1	400	-24.3%
Vietnam	N/A	138	34.7	N/A	-74.9%
Others	70.1	1.6	263	39.1	-17.7%
Total	2,596	1,247	2,146	3,108	6.2%

Top Suppliers of Cotton Bag to Indonesia in 2022:

China (177.3 tons)
Japan (29.1 tons)
Hong Kong SAR (21.5 tons)

Cotton Bag Exports in Indonesia

In 2022, after three years of growth, there was significant decline in shipments abroad of sacks and bags of cotton, when their volume decreased by -52.4% to 99 tons. Over the period under review, exports, however, showed a noticeable expansion. The growth pace was the most rapid in 2020 when exports increased by 66% against the previous year.

In value terms, cotton bag exports dropped notably to $656K in 2022. Overall, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 49%.

Export of Cotton Bag in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	583	870	1,453	599	0.9%
Others	131	191	105	56.5	-24.4%
Total	714	1,062	1,558	656	-2.8%

Top Export Markets for Cotton Bag from Indonesia in 2022:

United States (95.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton bag market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13922130 - Sacks and bags, of cotton, used for packing goods

Country coverage:

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023