United Kingdom: Paper Bag Market 2024

Paper Bag Market Size in the UK

The UK paper bag market amounted to $X in 2023, approximately reflecting the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Paper Bag Production in the UK

In value terms, paper bag production contracted slightly to $X in 2023 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

Paper Bag Exports

Exports from the UK

Paper bag exports from the UK contracted to X tons in 2023, falling by X% against the year before. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, paper bag exports shrank to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2022, and then fell in the following year.

Exports by Country

Ireland (X tons) was the main destination for paper bag exports from the UK, accounting for a X% share of total exports. Moreover, paper bag exports to Ireland exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was taken by France (X tons), with a X% share.

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

In value terms, Ireland ($X) remains the key foreign market for sacks and bags of paper exports from the UK, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

The average paper bag export price stood at $X per ton in 2023, increasing 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%. The export price peaked in 2023 and is likely to see steady growth in the near future.

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

Paper Bag Imports

Imports into the UK

In 2023, the amount of sacks and bags of paper imported into the UK rose sharply to X tons, surging by X% against the previous year's figure. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, paper bag imports dropped to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Turkey (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of paper bag imports to the UK, together accounting for X% of total imports. Ireland, China, Poland, Belgium, Italy, India, Spain, Austria, France and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paper bag suppliers to the UK were China ($X), Germany ($X) and Ireland ($X), with a combined X% share of total imports. Turkey, Poland, the Netherlands, Italy, Belgium, France, Spain, India, Austria and Slovakia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, India, with a CAGR of X%, recorded 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

The average paper bag import price stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2023: its price 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, paper bag import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform