India - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaper Bag Price in India - 2023
Contents:
- Paper Bag Price in India (FOB) - 2023
- Paper Bag Price in India (CIF) - 2022
- Paper Bag Exports in India
- Paper Bag Imports in India
Paper Bag Price in India (FOB) - 2023
The average paper bag export price stood at $1,834 per ton in July 2023, falling by -2% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 7.3% against the previous month. Over the period under review, the average export prices attained the maximum at $2,012 per ton in September 2022; however, from October 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the Philippines ($4,115 per ton), while the average price for exports to Greece ($752 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Paper Bag Price in India (CIF) - 2022
The average paper bag import price stood at $2,824 per ton in 2022, surging by 4.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2018 an increase of 12%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Thailand ($4,598 per ton), while the price for Hong Kong SAR ($1,066 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Bag Exports in India
For the fourth consecutive year, India recorded growth in overseas shipments of sacks and bags of paper, which increased by 29% to 156K tons in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 50%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, paper bag exports skyrocketed to $290M in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 58%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Paper Bag in India (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.8 | 20.0 | 54.7 | 70.6 | 72.3% |
United Arab Emirates | 17.9 | 20.0 | 22.5 | 29.0 | 17.4% |
United Kingdom | 10.9 | 11.9 | 21.1 | 27.2 | 35.6% |
Nepal | 9.0 | 7.8 | 11.3 | 14.6 | 17.5% |
Greece | 4.1 | 4.7 | 10.0 | 12.8 | 46.2% |
Kenya | 6.7 | 6.5 | 9.3 | 11.9 | 21.1% |
Ghana | 5.4 | 5.5 | 8.5 | 11.0 | 26.8% |
Netherlands | 4.7 | 4.9 | 7.6 | 9.8 | 27.8% |
Australia | 2.7 | 3.3 | 6.5 | 8.4 | 46.0% |
Tanzania | 5.5 | 4.1 | 6.1 | 7.8 | 12.4% |
Canada | 4.3 | 3.1 | 5.6 | 7.2 | 18.7% |
Qatar | 3.5 | 3.3 | 3.5 | 4.6 | 9.5% |
Bangladesh | 1.4 | 1.4 | 3.6 | 4.6 | 48.7% |
Others | 48.2 | 41.0 | 47.3 | 70.8 | 13.7% |
Total | 138 | 138 | 218 | 290 | 28.1% |
Top Export Markets for Paper Bag from India in 2022:
- United States (36.6K tons)
- United Kingdom (13.0K tons)
- Greece (12.7K tons)
- United Arab Emirates (12.5K tons)
- Kenya (6.8K tons)
- Nepal (6.6K tons)
- Ghana (5.8K tons)
- Netherlands (4.4K tons)
- Australia (4.3K tons)
- Tanzania (4.0K tons)
- Canada (3.0K tons)
- Bangladesh (2.9K tons)
- Qatar (2.7K tons)
Paper Bag Imports in India
Paper bag imports into India rose slightly to 37K tons in 2022, picking up by 3.9% on 2021. In general, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, paper bag imports rose significantly to $105M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Paper Bag in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 38.7 | 24.7 | 43.1 | 45.1 | 5.2% |
Sri Lanka | 13.2 | 7.4 | 9.3 | 10.3 | -7.9% |
Vietnam | 3.2 | 5.6 | 8.1 | 8.5 | 38.5% |
Thailand | 2.3 | 4.3 | 8.1 | 8.4 | 54.0% |
United States | 2.8 | 3.8 | 5.8 | 6.1 | 29.6% |
Hong Kong SAR | 4.8 | 3.0 | 4.8 | 5.0 | 1.4% |
Germany | 2.9 | 3.3 | 3.6 | 3.7 | 8.5% |
United Arab Emirates | 3.0 | 1.8 | 1.7 | 2.2 | -9.8% |
Malaysia | 1.8 | 1.4 | 1.7 | 1.8 | 0.0% |
Others | 14.7 | 8.3 | 10.8 | 13.7 | -2.3% |
Total | 87.6 | 63.5 | 96.9 | 105 | 6.2% |
Top Suppliers of Paper Bag to India in 2022:
- China (12.1K tons)
- Vietnam (6.9K tons)
- Hong Kong SAR (4.7K tons)
- Sri Lanka (3.3K tons)
- United States (1.9K tons)
- Thailand (1.8K tons)
- Germany (1.5K tons)
- United Arab Emirates (1.1K tons)
- Malaysia (0.5K tons)
This report provides an in-depth analysis of the paper bag market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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