Azerbaijan - Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSack and Bag Price in Azerbaijan - 2023
Contents:
- Sack and Bag Price in Azerbaijan (FOB) - 2023
- Sack and Bag Price in Azerbaijan (CIF) - 2023
- Sack and Bag Exports in Azerbaijan
- Sack and Bag Imports in Azerbaijan
Sack and Bag Price in Azerbaijan (FOB) - 2023
In August 2023, the average sack and bag export price amounted to $2,118 per ton, shrinking by -2.7% against the previous month. In general, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 2.1% against the previous month. The export price peaked at $3,314 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In August 2023, the highest price was recorded for prices to Kazakhstan ($2,593 per ton) and Ukraine ($2,344 per ton), while the average price for exports to Sweden ($1,809 per ton) and Russia ($2,012 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Sack and Bag Price in Azerbaijan (CIF) - 2023
The average sack and bag import price stood at $1,992 per ton in August 2023, growing by 13% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 18% against the previous month. Over the period under review, average import prices hit record highs at $2,144 per ton in October 2022; however, from November 2022 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($3,496 per ton), while the price for Iran ($1,494 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sack and Bag Exports in Azerbaijan
Sack and bag exports from Azerbaijan reached 8.4K tons in 2022, stabilizing at 2021. Overall, exports, however, saw a noticeable downturn. The growth pace was the most rapid in 2020 when exports increased by 4.5%. As a result, the exports attained the peak of 9.5K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sack and bag exports soared to $25M in 2022. The total export value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Sack and Bag in Azerbaijan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 11.7 | 9.8 | 10.0 | 16.1 | 11.2% |
Kazakhstan | 2.0 | 2.3 | 2.1 | 3.0 | 14.5% |
Sweden | 0.4 | 0.9 | 2.0 | 2.6 | 86.6% |
Ukraine | 2.3 | 2.0 | 2.6 | 1.2 | -19.5% |
Georgia | 1.8 | 2.0 | 1.9 | 1.2 | -12.6% |
Czech Republic | 0.5 | 0.4 | 0.7 | 0.7 | 11.9% |
Others | 1.0 | 0.8 | 1.3 | 0.3 | -33.1% |
Total | 19.6 | 18.1 | 20.5 | 25.1 | 8.6% |
Top Export Markets for Sack and Bag from Azerbaijan in 2022:
- Russia (4.7K tons)
- Kazakhstan (1.2K tons)
- Sweden (1.1K tons)
- Ukraine (0.5K tons)
- Georgia (0.5K tons)
- Czech Republic (0.3K tons)
Sack and Bag Imports in Azerbaijan
In 2022, supplies from abroad of sacks and bags increased by 85% to 2.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sack and bag imports skyrocketed to $5.1M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +68.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sack and Bag in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 1,322 | 1,178 | 1,524 | 2,290 | 20.1% |
Iran | 1,856 | 1,290 | 841 | 1,896 | 0.7% |
Turkmenistan | N/A | 22.5 | 99.7 | 343 | 290.4% |
Czech Republic | 9.1 | 45.9 | 0.2 | 187 | 173.9% |
China | 189 | 120 | 142 | 170 | -3.5% |
Russia | 174 | 150 | 208 | 163 | -2.2% |
Others | 145 | 234 | 257 | 84.3 | -16.5% |
Total | 3,696 | 3,040 | 3,072 | 5,133 | 11.6% |
Top Suppliers of Sack and Bag to Azerbaijan in 2022:
- Iran (1243.4 tons)
- Turkey (907.9 tons)
- Turkmenistan (179.3 tons)
- China (76.9 tons)
- Czech Republic (49.6 tons)
- Russia (46.5 tons)
This report provides an in-depth analysis of the sack and bag market in Azerbaijan. 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 13922130 - Sacks and bags, of cotton, used for packing goods
- Prodcom 13922150 - Sacks and bags, of knitted or crocheted polyethylene or polypropylene strip, used for packing goods
- Prodcom 13922173 -
- Prodcom 13922175 -
- Prodcom 13922190 - Sacks and bags, used for packing goods (excluding of cotton, p olyethylene or polypropylene strip)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- 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
-
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
This report provides an in-depth analysis of the sack and bag market in Azerbaijan.
This report provides an in-depth analysis of the cotton bag market in Azerbaijan.
This report provides an in-depth analysis of the global sack and bag market.
This report provides an in-depth analysis of the global cotton bag market.
Global Polyethilene Bag Market Report 2018. This report provides an in-depth analysis of the global polyethilene bag market.
This report provides an in-depth analysis of the sack and bag market in Azerbaijan.
This report provides an in-depth analysis of the cotton bag market in Azerbaijan.
This report provides an in-depth analysis of the global sack and bag market.
This report provides an in-depth analysis of the global cotton bag market.
Global Polyethilene Bag Market Report 2018. This report provides an in-depth analysis of the global polyethilene bag market.
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...