Slovakia: Paper Bag Market 2024

Paper Bag Market Size in Slovakia

In 2023, the Slovak paper bag market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. In general, the total consumption indicated temperate growth 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, consumption increased by X% against 2018 indices. Paper bag consumption peaked at $X in 2022, and then reduced slightly in the following year.

Paper Bag Production in Slovakia

In value terms, paper bag production soared to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Paper Bag Exports

Exports from Slovakia

In 2023, overseas shipments of sacks and bags of paper increased by X% to X tons, rising for the eighth year in a row after two years of decline. In general, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to continue growth in the near future.

In value terms, paper bag exports stood at $X in 2023. Over the period under review, exports saw a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked in 2023 and are likely to see steady growth in years to come.

Exports by Country

Hungary (X tons) was the main destination for paper bag exports from Slovakia, accounting for a X% share of total exports. Moreover, paper bag exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Hungary totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Poland (X% per year).

In value terms, Hungary ($X), the Czech Republic ($X) and Poland ($X) constituted the largest markets for paper bag exported from Slovakia worldwide, together accounting for X% of total exports. The UK, Germany, Austria, Slovenia, Romania and the Netherlands lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the UK, 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 2023, the average paper bag export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Hungary ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Imports

Imports into Slovakia

In 2023, the amount of sacks and bags of paper imported into Slovakia expanded significantly to X tons, with an increase of X% on the previous year's figure. Overall, total imports indicated strong growth 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, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the maximum in 2023 and are likely to see gradual growth in the near future.

In value terms, paper bag imports reached $X in 2023. In general, total imports indicated a remarkable increase 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, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in the near future.

Imports by Country

Hungary (X tons), Poland (X tons) and the Czech Republic (X tons) were the main suppliers of paper bag imports to Slovakia, with a combined X% share of total imports. Austria, Germany, Italy and Romania lagged somewhat behind, together accounting for a further X%.

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 paper bag suppliers to Slovakia were Hungary ($X), the Czech Republic ($X) and Poland ($X), with a combined X% share of total imports. Germany, Austria, Italy and Romania lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Romania, with a CAGR of X%, saw 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

In 2023, the average paper bag import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2023, the average import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform