Angola: Market for Paper Sacks And Bags 2024

Market Size for Paper Sacks And Bags in Angola

The Angolan paper sack and bag market shrank slightly to $X in 2022, reducing by X% against the previous year. Overall, consumption enjoyed a strong increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Paper Sacks And Bags in Angola

In value terms, paper sack and bag production declined to $X in 2022 estimated in export price. Overall, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Exports of Paper Sacks And Bags

Exports from Angola

In 2022, the amount of paper sacks and bags exported from Angola dropped markedly to X kg, shrinking by X% on 2021 figures. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper sack and bag exports declined significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X kg), Portugal (X kg) and Namibia (X kg) were the main destinations of paper sack and bag exports from Angola, with a combined X% share of total exports.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper sack and bag exported from Angola were Namibia ($X), Democratic Republic of the Congo ($X) and Kenya ($X), together accounting for X% of total exports.

Namibia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average paper sack and bag export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports into Angola

Paper sack and bag imports into Angola surged to X tons in 2022, rising by X% against the year before. Over the period under review, imports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper sack and bag imports soared to $X in 2022. In general, imports, however, saw a drastic downturn. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tons), Italy (X tons) and China (X tons) were the main suppliers of paper sack and bag imports to Angola, with a combined X% share of total imports. The Netherlands, South Africa and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Portugal ($X) and the Netherlands ($X) appeared to be the largest paper sack and bag suppliers to Angola, with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average paper sack and bag import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price 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, paper sack and bag import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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