Sri Lanka - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPaper Bag Price in Sri Lanka - 2021
Contents:
- Paper Bag Price in Sri Lanka (FOB) - 2022
- Paper Bag Price in Sri Lanka (CIF) - 2022
- Paper Bag Exports in Sri Lanka
- Paper Bag Imports in Sri Lanka
Paper Bag Price in Sri Lanka (FOB) - 2022
The average paper bag export price stood at $2,786 per ton in 2022, with an increase of 20% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper bag export price increased by +53.2% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 33%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($3,761 per ton), while the average price for exports to Myanmar ($1,317 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Paper Bag Price in Sri Lanka (CIF) - 2022
The average paper bag import price stood at $3,845 per ton in 2022, surging by 45% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper bag import price increased by +62.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($10,436 per ton), while the price for the Philippines ($1,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Bag Exports in Sri Lanka
Paper bag exports from Sri Lanka declined rapidly to 11K tons in 2022, with a decrease of -23.4% against 2021 figures. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 0.1%.
In value terms, paper bag exports shrank to $30M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. As a result, the exports reached the peak of $33M, and then reduced in the following year.
| Export of Paper Bag in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.8 | 5.1 | 8.1 | 7.2 | -15.2% |
| Kenya | 3.6 | 5.9 | 7.7 | 6.8 | 23.6% |
| Bangladesh | 2.2 | 3.1 | 5.4 | 5.5 | 35.7% |
| Maldives | 1.2 | 1.1 | 1.3 | 1.7 | 12.3% |
| Indonesia | 1.2 | 1.3 | 1.6 | 1.4 | 5.3% |
| Ethiopia | 1.1 | 1.1 | 1.6 | 1.0 | -3.1% |
| United Kingdom | 2.0 | 1.2 | 1.1 | 0.9 | -23.4% |
| Tanzania | 0.1 | 0.1 | 0.4 | 0.6 | 81.7% |
| Argentina | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
| Malawi | 0.2 | 0.3 | 0.2 | 0.5 | 35.7% |
| United Arab Emirates | 0.3 | 1.8 | 0.2 | 0.4 | 10.1% |
| Myanmar | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Pakistan | 1.9 | 0.7 | 0.2 | 0.1 | -62.5% |
| Others | 4.0 | 2.9 | 4.9 | 3.4 | -5.3% |
| Total | 30.6 | 25.1 | 33.3 | 30.5 | -0.1% |
Top Export Markets for Paper Bag from Sri Lanka in 2022:
- Kenya (2490.9 tons)
- India (2415.8 tons)
- Bangladesh (1460.1 tons)
- Maldives (768.3 tons)
- Ethiopia (648.2 tons)
- Indonesia (606.6 tons)
- United Kingdom (379.0 tons)
- Myanmar (241.9 tons)
- Tanzania (218.2 tons)
- Argentina (207.1 tons)
- United Arab Emirates (191.6 tons)
- Malawi (179.1 tons)
- Pakistan (38.5 tons)
Paper Bag Imports in Sri Lanka
In 2022, paper bag imports into Sri Lanka reduced dramatically to 3.9K tons, declining by -26.6% against the previous year's figure. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, imports reached the peak of 5.3K tons, and then shrank sharply in the following year.
In value terms, paper bag imports reached $15M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Paper Bag in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,841 | 3,480 | 4,955 | 5,510 | 24.7% |
| Hong Kong SAR | 1,528 | 1,745 | 2,581 | 2,266 | 14.0% |
| India | 1,139 | 1,118 | 1,204 | 1,384 | 6.7% |
| United States | 405 | 500 | 389 | 926 | 31.7% |
| Germany | 539 | 440 | 1,158 | 843 | 16.1% |
| Philippines | 1,342 | 1,014 | 500 | 623 | -22.6% |
| Taiwan (Chinese) | 189 | 142 | 87.7 | 527 | 40.8% |
| Thailand | 759 | 400 | 751 | 514 | -12.2% |
| Vietnam | 1,104 | 37.9 | 67.2 | 322 | -33.7% |
| Oman | 388 | 285 | 508 | 268 | -11.6% |
| Pakistan | 114 | 64.9 | 131 | 241 | 28.3% |
| Italy | 29.2 | 152 | 63.3 | 190 | 86.7% |
| United Arab Emirates | 122 | 133 | 217 | 156 | 8.5% |
| Others | 1,926 | 1,349 | 1,485 | 1,233 | -13.8% |
| Total | 12,425 | 10,861 | 14,097 | 15,003 | 6.5% |
Top Suppliers of Paper Bag to Sri Lanka in 2022:
- China (1303.4 tons)
- India (517.3 tons)
- Philippines (401.4 tons)
- United States (220.5 tons)
- Hong Kong SAR (217.1 tons)
- Taiwan (Chinese) (162.6 tons)
- Pakistan (149.2 tons)
- Oman (119.8 tons)
- Thailand (116.1 tons)
- Germany (115.9 tons)
- Vietnam (97.3 tons)
- United Arab Emirates (89.1 tons)
- Italy (65.8 tons)
This report provides an in-depth analysis of the paper bag market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 17211230 - Sacks and bags, with a base width . .40 cm, of paper, p aperboard, cellulose wadding or webs of cellulose fibres
- Prodcom 17211250 - Sacks and bags of paper, paperboard, cellulose wadding or webs of cellulose fibres (excluding those with a base width. .40 cm)
- Prodcom 17211300 - Cartons, boxes and cases, of corrugated paper or paperboard
- Prodcom 17211400 - Folding cartons, boxes and cases of non-corrugated paper or paperboard
- Prodcom 17211530 - Other packaging containers, including record sleeves, n.e.c.
- Prodcom 17211550 - Box files, letter trays, storage boxes and similar articles of paper or paperboard of a kind used in offices, shops or the like
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
901
This report provides an in-depth analysis of the paper bag market in Sri Lanka.
845
This report provides an in-depth analysis of the corrugated paper box market in Sri Lanka.
276
This report provides an in-depth analysis of the non-corrugated paper box market in Sri Lanka.
395
This report provides an in-depth analysis of the market for paper sack and bag in Sri Lanka.
3982
This report provides an in-depth analysis of the global paper bag market.
1634
This report provides an in-depth analysis of the global corrugated paper box market.
877
This report provides an in-depth analysis of the global non-corrugated paper box market.
509
This report provides an in-depth analysis of the global market for paper sack and bag.
393
Global Pressure-Reducing Valve Market Report 2018. This report provides an in-depth analysis of the global pressure-reducing valve market.
469
Global Market for Pneumatic Power Transmission Control Valve. This report provides an in-depth analysis of the global market for pneumatic power transmission control valve.
375
Explore the top import markets for paper bags, backed by data from the IndexBox market intelligence platform. Discover the countries leading the way in paper bag imports and the factors driving their demand.
7009
Global paper bag imports stood at X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from 2007 to ...
1001
Global paper bag imports stood at X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from 2007 to ...
1232
China dominates in the global sacks and bags of paper trade, strengthening its position in the global export structure from X% in 2007 to X% in 2013. In 2013, China supplied X% of its total sacks and bags of paper exports into the U.S., accounting
114
Discover the top-10 countries driving the global market for corrugated paper boxes through strong import values. Learn about the key factors contributing to their success in the packaging industry.
1040
In H1 2021, the trade volume in the global corrugated paper box market totalled 1.9M tons, dropping by 5% compared to the same period last year. Despite that, it rose by 16% to $3.6B in value terms due to the average carton box price increased by approximately 23% to $1,882 per ton. Germany, the U.S., the Netherlands and China remain the leading suppliers in the global corrugated paper box market, accounting for 41% of total export volume. The Netherlands, Mexico and France are the largest importers of paperboard cases worldwide.
213
Explore the world's best import markets for paper sack and bag. Discover key statistics and import values for countries like the United States, France, Germany, and more. Find out how IndexBox market intelligence platform can help businesses make informed decisions.
684
In 2021, the global paper sack and bag market decreased by -0.6% to $78.3B for the first time since 2016, thus ending...
375
Explore the top import markets for paper bags, backed by data from the IndexBox market intelligence platform. Discover the countries leading the way in paper bag imports and the factors driving their demand.
7009
Global paper bag imports stood at X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from 2007 to ...
