Africa: Market for Paper Sacks And Bags 2024

Market Size for Paper Sacks And Bags in Africa

The African paper sack and bag market stood at $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Production of Paper Sacks And Bags in Africa

In value terms, paper sack and bag production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Exports of Paper Sacks And Bags

Exports in Africa

Paper sack and bag exports declined modestly to X tons in 2022, leveling off at the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced modestly in the following year.

In value terms, paper sack and bag exports skyrocketed to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Morocco (X tons) and Cote d'Ivoire (X tons) were the major exporters of paper sacks and bags in 2022, accounting for near X% and X% of total exports, respectively. It was distantly followed by South Africa (X tons) and Tunisia (X tons), together making up a X% share of total exports. The following exporters - Kenya (X tons) and Egypt (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Cote d'Ivoire ($X) and South Africa ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Cote d'Ivoire, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Egypt ($X per ton) and Kenya ($X per ton), while Morocco ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other leaders experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports in Africa

In 2022, supplies from abroad of paper sacks and bags increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, paper sack and bag imports skyrocketed to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Burkina Faso (X tons), Senegal (X tons), Ghana (X tons), Benin (X tons), Algeria (X tons), Libya (X tons), Morocco (X tons), Guinea (X tons), South Africa (X tons), Togo (X tons), Namibia (X tons) and Sudan (X tons) represented the main importer of paper sacks and bags in Africa, creating X% of total import. Mozambique (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Burkina Faso (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper sack and bag importing markets in Africa were Senegal ($X), Burkina Faso ($X) and Algeria ($X), together accounting for X% of total imports.

Burkina Faso, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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