Report Update: Apr 28, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cotton Bag Price in the Czech Republic - 2023

Cotton Bag Price in the Czech Republic (CIF) - 2022

The average cotton bag import price stood at $9,939 per ton in 2022, falling by -48% against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2017 an increase of 38%. Over the period under review, average import prices attained the maximum at $20,801 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($16,321 per ton), while the price for Romania ($5,736 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Bag Price in the Czech Republic (FOB) - 2022

The average cotton bag export price stood at $52,849 per ton in 2022, surging by 44% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 45%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($56,834 per ton), while the average price for exports to Switzerland ($25,607 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 Hungary (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Bag Imports in the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in supplies from abroad of sacks and bags of cotton, which increased by 98% to 69 tons in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cotton bag imports expanded to $684K in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 67% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Cotton Bag in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	N/A	N/A	N/A	185	0%
China	52.5	105	75.5	164	46.2%
Germany	49.1	34.7	81.8	131	38.7%
Turkey	N/A	3.0	63.0	67.4	374.0%
France	11.0	36.5	27.9	33.4	44.8%
India	91.1	71.5	17.9	27.3	-33.1%
Poland	2.0	1.6	10.1	13.8	90.4%
Switzerland	N/A	6.4	141	2.2	-41.4%
Hong Kong SAR	N/A	72.2	141	N/A	95.3%
Pakistan	N/A	N/A	29.3	N/A	0%
Others	44.1	87.7	78.0	58.7	10.0%
Total	250	418	665	684	39.9%

Top Suppliers of Cotton Bag to the Czech Republic in 2022:

Romania (32.3 tons)
China (11.7 tons)
Germany (11.4 tons)
Turkey (4.5 tons)
India (2.1 tons)
France (2.0 tons)
Poland (1.3 tons)
Switzerland (0.1 tons)

Cotton Bag Exports in the Czech Republic

In 2022, shipments abroad of sacks and bags of cotton decreased by -25.2% to 3.5 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 4.7 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cotton bag exports rose markedly to $185K in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Cotton Bag in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	33.2	42.8	92.7	162	69.6%
Finland	0.1	N/A	N/A	8.2	334.4%
Slovakia	13.2	32.0	32.1	7.3	-17.9%
Switzerland	1.9	2.7	0.3	3.5	22.6%
Austria	2.8	5.3	14.7	1.0	-29.1%
Norway	8.8	2.3	0.9	N/A	-68.0%
Others	27.6	34.3	31.6	2.8	-53.4%
Total	87.7	119	172	185	28.3%

Top Export Markets for Cotton Bag from the Czech Republic in 2022:

Germany (2852.0 kg)
Finland (213.0 kg)
Slovakia (203.0 kg)
Switzerland (138.0 kg)
Austria (26.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton bag market in the Czech Republic. 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:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
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