Colombia - Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSack and Bag Price in Colombia - 2022
Contents:
- Sack and Bag Price in Colombia (CIF) - 2022
- Sack and Bag Price in Colombia (FOB) - 2022
- Sack and Bag Imports in Colombia
- Sack and Bag Exports in Colombia
Sack and Bag Price in Colombia (CIF) - 2022
In 2022, the average sack and bag import price amounted to $2,803 per ton, dropping by -1.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 8.9% against the previous year. As a result, import price reached the peak level of $3,103 per ton. From 2014 to 2022, the average 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 Thailand ($5,702 per ton), while the price for Free Zones ($2,130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+0.5%), while the prices for the other major suppliers experienced a decline.
Sack and Bag Price in Colombia (FOB) - 2022
In February 2022, the average sack and bag export price amounted to $3,378 per ton, falling by -20.5% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2021 when the average export price increased by 26% against the previous month. The export price peaked at $4,606 per ton in July 2021; however, from August 2021 to February 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In February 2022, the country with the highest price was the United States ($5,120 per ton), while the average price for exports to Ecuador ($2,056 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sack and Bag Imports in Colombia
Sack and bag imports into Colombia fell to 4.9K tons in 2022, which is down by -12.4% compared with 2021 figures. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 32%.
In value terms, sack and bag imports contracted to $14M in 2022. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year.
Import of Sack and Bag in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 8.3 | 5.3 | 8.0 | 6.3 | -8.8% |
Free Zones | 3.9 | 3.0 | 3.4 | 2.9 | -9.4% |
China | 0.7 | 0.5 | 0.8 | 1.7 | 34.4% |
India | 1.2 | 0.2 | 0.5 | 0.6 | -20.6% |
Thailand | 0.7 | 0.6 | 0.7 | 0.6 | -5.0% |
Vietnam | 0.6 | 0.2 | 0.2 | 0.2 | -30.7% |
Venezuela | 0.6 | 0.1 | 0.3 | 0.2 | -30.7% |
Others | 2.0 | 1.7 | 2.2 | 1.3 | -13.4% |
Total | 18.2 | 11.6 | 16.1 | 13.8 | -8.8% |
Top Suppliers of Sack and Bag to Colombia in 2022:
- Ecuador (2418.5 tons)
- Free Zones (1356.4 tons)
- China (428.4 tons)
- India (199.7 tons)
- Venezuela (104.9 tons)
- Thailand (101.4 tons)
- Vietnam (62.3 tons)
Sack and Bag Exports in Colombia
In 2022, after three years of growth, there was significant decline in overseas shipments of sacks and bags, when their volume decreased by -5.7% to 3.8K tons. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year.
In value terms, sack and bag exports contracted to $13M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 58%.
Export of Sack and Bag in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.0 | 3.2 | 3.7 | 4.9 | 17.8% |
Mexico | 1.3 | 2.8 | 3.7 | 2.6 | 26.0% |
Venezuela | 0.6 | 1.4 | 2.8 | 1.8 | 44.2% |
Ecuador | 0.5 | 0.4 | 1.0 | 0.7 | 11.9% |
Peru | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
Costa Rica | 0.3 | 0.5 | 0.4 | 0.3 | 0.0% |
Chile | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
Panama | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
Others | 0.9 | 2.4 | 2.7 | 2.2 | 34.7% |
Total | 7.3 | 11.5 | 15.0 | 13.3 | 22.1% |
Top Export Markets for Sack and Bag from Colombia in 2022:
- Mexico (1237.5 tons)
- United States (829.5 tons)
- Venezuela (550.5 tons)
- Ecuador (410.9 tons)
- Costa Rica (99.8 tons)
- Chile (97.7 tons)
- Peru (95.8 tons)
- Panama (54.7 tons)
This report provides an in-depth analysis of the sack and bag market in Colombia. 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
- Prodcom 13922150 - Sacks and bags, of knitted or crocheted polyethylene or polypropylene strip, used for packing goods
- Prodcom 13922173 -
- Prodcom 13922175 -
- Prodcom 13922190 - Sacks and bags, used for packing goods (excluding of cotton, p olyethylene or polypropylene strip)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the sack and bag market in Colombia.
This report provides an in-depth analysis of the cotton bag market in Colombia.
This report provides an in-depth analysis of the polyethilene bag market in Colombia.
This report provides an in-depth analysis of the global sack and bag market.
This report provides an in-depth analysis of the global cotton bag market.
Global Polyethilene Bag Market Report 2018. This report provides an in-depth analysis of the global polyethilene bag market.
This report provides an in-depth analysis of the sack and bag market in Colombia.
This report provides an in-depth analysis of the cotton bag market in Colombia.
This report provides an in-depth analysis of the polyethilene bag market in Colombia.
This report provides an in-depth analysis of the global sack and bag market.
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...