EU: Sack And Bag Market 2024

Sack And Bag Market Size in the EU

The EU sack and bag market fell to $X in 2023, dropping by X% against the previous year. The market 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 level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Sack And Bag Production in the EU

In value terms, sack and bag production soared to $X in 2023 estimated in export price. Over the period under review, production recorded a moderate expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

Sack And Bag Exports

Exports in the EU

In 2023, overseas shipments of sacks and bags decreased by X% to X tons, falling for the second year in a row after four years of growth. Total exports indicated moderate growth from 2012 to 2023: its volume 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. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, sack and bag exports shrank to $X in 2023. Total exports indicated a measured 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. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Belgium (X tons), Spain (X tons), Germany (X tons) and Estonia (X tons) represented roughly X% of total exports in 2023. It was distantly followed by Romania (X tons), mixing up a X% share of total exports. Ireland (X tons), the Czech Republic (X tons), Austria (X tons), Sweden (X tons), Greece (X tons), Poland (X tons) and Lithuania (X tons) held a little share of total exports.

From 2012 to 2023, the biggest increases were recorded for Estonia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Romania, Poland, the Czech Republic, Spain, Austria, Ireland, Greece, Sweden, Estonia and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Austria, 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

The export price in the European Union stood at $X per ton in 2023, approximately equating the previous year. Over the period under review, the export price, however, recorded a mild setback. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices stood 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 the EU

In 2023, overseas purchases of sacks and bags decreased by X% to X tons, falling for the second year in a row after ten years of growth. Total imports indicated a perceptible expansion from 2012 to 2023: its volume 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. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, sack and bag imports declined dramatically to $X in 2023. Total imports indicated a temperate increase 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. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2022, and then declined rapidly in the following year.

Imports by Country

France (X tons), Germany (X tons), the Netherlands (X tons), Spain (X tons), Belgium (X tons) and Italy (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Poland (X tons), comprising a X% share of total imports. The following importers - Sweden (X tons), Greece (X tons), Austria (X tons), Denmark (X tons), Portugal (X tons) and Romania (X tons) - each recorded a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sack and bag importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together accounting for X% of total imports. Spain, Italy, Belgium, Poland, Austria, Sweden, Denmark, Portugal, Greece and Romania lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded 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 the European Union stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Austria ($X per ton), while Greece ($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.

Source: IndexBox Platform