Eastern Europe: Sack And Bag Market 2024

Sack And Bag Market Size in Eastern Europe

The East European sack and bag market dropped modestly to $X in 2023, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Sack And Bag Production in Eastern Europe

In value terms, sack and bag production rose markedly to $X in 2023 estimated in export price. The total production indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Sack And Bag Exports

Exports in Eastern Europe

In 2023, exports of sacks and bags in Eastern Europe expanded significantly to X tons, increasing by X% against 2022 figures. Total exports indicated a remarkable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sack and bag exports shrank to $X in 2023. Total exports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then fell in the following year.

Exports by Country

Russia (X tons) and Estonia (X tons) represented roughly X% of total exports in 2023. Romania (X tons) held the next position in the ranking, followed by the Czech Republic (X tons), Ukraine (X tons), Poland (X tons), Lithuania (X tons) and Bulgaria (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Estonia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Romania ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. The Czech Republic, Bulgaria, Estonia, Ukraine and Lithuania lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Sack And Bag Imports

Imports in Eastern Europe

In 2023, supplies from abroad of sacks and bags decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X%. The volume of import peaked at X tons in 2022, and then dropped in the following year.

In value terms, sack and bag imports fell to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, Russia (X tons) represented the major importer of sacks and bags, comprising X% of total imports. Poland (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Ukraine (X%), Romania (X%), Bulgaria (X%) and the Czech Republic (X%). Hungary (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of sacks and bags. At the same time, Bulgaria (X%), Romania (X%), the Czech Republic (X%) and Poland (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Hungary experienced a relatively flat trend pattern. By contrast, Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland, Bulgaria and Romania increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and Ukraine ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. The Czech Republic, Romania, Bulgaria and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 Eastern Europe stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform