Report Update: May 1, 2024

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

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Sack and Bag Price in Paraguay - 2023

Sack and Bag Price in Paraguay (CIF) - 2022

In 2022, the average sack and bag import price amounted to $3,301 per ton, shrinking by -4.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17%. Over the period under review, average import prices reached the maximum at $5,708 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Argentina ($5,309 per ton), while the price for Chile ($2,238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sack and Bag Price in Paraguay (FOB) - 2023

The average sack and bag export price stood at $4,163 per ton in November 2023, jumping by 47% against the previous month. Overall, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 77% m-o-m. Over the period under review, the average export prices reached the peak figure at $7,918 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($4,577 per ton), while the average price for exports to Argentina stood at $2,209 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.

Sack and Bag Imports in Paraguay

For the fourth consecutive year, Paraguay recorded growth in purchases abroad of sacks and bags, which increased by 15% to 1.4K tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, sack and bag imports rose remarkably to $4.5M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Sack and Bag in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	1,807	2,142	2,888	2,825	16.1%
India	894	429	524	786	-4.2%
Bolivia	151	119	525	428	41.5%
China	29.3	96.7	76.1	175	81.4%
Argentina	2.1	29.6	36.8	113	277.5%
Spain	32.7	0.6	N/A	73.7	31.1%
Chile	23.4	10.1	30.1	52.6	31.0%
Others	103	17.8	48.0	80.4	-7.9%
Total	3,043	2,845	4,128	4,534	14.2%

Top Suppliers of Sack and Bag to Paraguay in 2022:

Brazil (901.1 tons)
India (203.2 tons)
Bolivia (116.3 tons)
China (65.1 tons)
Chile (23.5 tons)
Spain (22.1 tons)
Argentina (21.3 tons)

Sack and Bag Exports in Paraguay

In 2022, shipments abroad of sacks and bags decreased by -26.9% to 391 tons, falling for the second year in a row after two years of growth. Overall, exports saw a pronounced setback. The pace of growth was the most pronounced in 2020 when exports increased by 57%. As a result, the exports attained the peak of 699 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sack and bag exports fell rapidly to $2.1M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.2% 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 +26.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, the exports attained the peak of $2.7M, and then shrank significantly in the following year.

Export of Sack and Bag in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	1,027	1,513	2,163	1,287	7.8%
Chile	N/A	242	N/A	638	62.4%
Argentina	432	270	542	217	-20.5%
Uruguay	108	34.4	N/A	0.2	-87.7%
Bolivia	119	N/A	N/A	N/A	0%
Others	5.4	N/A	0.1	1.7	-32.0%
Total	1,691	2,060	2,705	2,144	8.2%

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

Uruguay (undefined tons)
Brazil (185.9 tons)
Chile (146.2 tons)
Argentina (58.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sack and bag market in Paraguay. 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:

Paraguay

Data coverage:

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