Southern Asia: Market for Paper Sacks And Bags 2024

Market Size for Paper Sacks And Bags in Southern Asia

The South Asian paper sack and bag market dropped slightly to $X in 2022, approximately reflecting the previous year. The total consumption indicated perceptible growth from 2012 to 2022: its value 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, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Paper Sacks And Bags in Southern Asia

In value terms, paper sack and bag production declined modestly to $X in 2022 estimated in export price. The total production indicated tangible growth from 2012 to 2022: its value 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Paper Sacks And Bags

Exports in Southern Asia

In 2022, approx. X tons of paper sacks and bags were exported in Southern Asia; increasing by X% compared with the previous year. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, paper sack and bag exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

India prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Sri Lanka (X tons), creating an X% share of total exports. Pakistan (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the paper sacks and bags exports, with a CAGR of X% from 2012 to 2022. At the same time, Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. From 2012 to 2022, the share of India increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest paper sack and bag supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

In India, paper sack and bag exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Paper Sacks And Bags

Imports in Southern Asia

In 2022, approx. X tons of paper sacks and bags were imported in Southern Asia; which is down by X% on the year before. In general, imports, however, saw a measured expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, paper sack and bag imports rose significantly to $X in 2022. Over the period under review, imports, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India represented the major importing country with an import of about X tons, which amounted to X% of total imports. Bangladesh (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Sri Lanka (X%), Maldives (X%) and Pakistan (X%). Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to paper sack and bag imports into India stood at X%. At the same time, Bangladesh (X%), Sri Lanka (X%), Maldives (X%) and Nepal (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bangladesh, Sri Lanka and Maldives 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, India ($X) constitutes the largest market for imported paper sacks and bags in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a mild 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 2017 indices. The growth pace was the most rapid in 2014 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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