Portugal: Paper Bag Market 2024

Paper Bag Market Size in Portugal

The Portuguese paper bag market soared to $X in 2023, jumping by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Paper bag consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Paper Bag Production in Portugal

In value terms, paper bag production surged to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a slight setback. Paper bag production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Paper Bag Exports

Exports from Portugal

After two years of growth, shipments abroad of sacks and bags of paper decreased by X% to X tons in 2023. The total export 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2022, and then contracted in the following year.

In value terms, paper bag exports fell slightly to $X in 2023. In general, total exports indicated a pronounced 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. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2022, and then fell in the following year.

Exports by Country

Spain (X tons) was the main destination for paper bag exports from Portugal, accounting for a X% share of total exports. Moreover, paper bag exports to Spain exceeded the volume sent to the second major destination, France (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the Netherlands (X% per year).

In value terms, Spain ($X), France ($X) and the United States ($X) constituted the largest markets for paper bag exported from Portugal worldwide, with a combined X% share of total exports.

The United States, 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 2023, the average paper bag export price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Imports

Imports into Portugal

In 2023, after two years of growth, there was decline in supplies from abroad of sacks and bags of paper, when their volume decreased by X% to X tons. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2022, and then fell modestly in the following year.

In value terms, paper bag imports rose remarkably to $X in 2023. Overall, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, Spain (X tons) constituted the largest supplier of paper bag to Portugal, accounting for a X% share of total imports. Moreover, paper bag imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Spain ($X) constituted the largest supplier of sacks and bags of paper to Portugal, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average paper bag import price stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, 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