Report Update: May 1, 2024

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

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Sack and Bag Price in Indonesia - 2022

Sack and Bag Price in Indonesia (FOB) - 2022

In March 2022, the average sack and bag export price amounted to $3,276 per ton, picking up by 7% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in April 2021 an increase of 15% month-to-month. The export price peaked in March 2022.

There were significant differences in the average prices for the major export markets. In March 2022, the country with the highest price was Japan ($4,679 per ton), while the average price for exports to Thailand ($1,882 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sack and Bag Price in Indonesia (CIF) - 2022

In March 2022, the average sack and bag import price amounted to $2,198 per ton, flattening at the previous month. Overall, import price indicated a slight expansion from March 2021 to March 2022: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, sack and bag import price increased by +1.0% against February 2022 indices. The most prominent rate of growth was recorded in April 2021 an increase of 43% month-to-month. Over the period under review, average import prices attained the maximum at $3,143 per ton in December 2021; however, from January 2022 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($4,020 per ton), while the price for Bangladesh ($1,165 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 India (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sack and Bag Exports in Indonesia

In 2022, shipments abroad of sacks and bags decreased by -15.7% to 21K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 6.6% against the previous year.

In value terms, sack and bag exports reduced modestly to $74M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of $74M, leveling off in the following year.

Export of Sack and Bag in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	N/A	0.1	0.1	74.0	2620.3%
Spain	1.8	1.6	2.0	N/A	5.4%
Thailand	3.9	2.2	2.9	N/A	-13.8%
Belgium	1.6	1.6	1.3	N/A	-9.9%
Netherlands	2.6	3.3	4.2	N/A	27.1%
Malaysia	4.2	4.3	4.8	N/A	6.9%
United States	12.2	15.2	18.5	N/A	23.1%
Japan	18.3	15.9	16.1	N/A	-6.2%
Philippines	1.6	2.2	0.9	N/A	-25.0%
Singapore	3.0	2.5	3.0	N/A	0.0%
Taiwan (Chinese)	4.0	3.1	3.6	N/A	-5.1%
Australia	1.5	2.3	2.6	N/A	31.7%
Canada	1.5	3.4	2.7	N/A	34.2%
Others	11.5	9.7	11.8	N/A	1.3%
Total	67.7	67.1	74.5	74.0	3.0%

Top Export Markets for Sack and Bag from Indonesia in 2022:

United Arab Emirates (21.2K tons)

Sack and Bag Imports in Indonesia

In 2022, sack and bag imports into Indonesia shrank markedly to 9.1K tons, which is down by -32.1% compared with the year before. Overall, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 39%.

In value terms, sack and bag imports surged to $47M in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Sack and Bag in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	N/A	N/A	0.1	47.1	47000.0%
Ecuador	2.0	N/A	N/A	N/A	0%
Thailand	1.9	0.5	1.7	N/A	-5.4%
China	7.8	8.4	13.9	N/A	33.5%
Vietnam	3.2	3.0	3.4	N/A	3.1%
Malaysia	1.3	2.2	3.2	N/A	56.9%
India	0.5	1.1	1.6	N/A	78.9%
Bangladesh	4.7	2.8	5.4	N/A	7.2%
Pakistan	0.3	0.5	0.5	N/A	29.1%
Others	3.2	3.0	3.0	N/A	-3.2%
Total	25.0	21.4	32.6	47.1	23.5%

Top Suppliers of Sack and Bag to Indonesia in 2022:

United Arab Emirates (9.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sack and 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
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:

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