Report Update: May 1, 2024

Uzbekistan - Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights

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Sack and Bag Price in Uzbekistan - 2023

Sack and Bag Price in Uzbekistan (FOB) - 2023

In May 2023, the average sack and bag export price amounted to $2,441 per ton, surging by 2.4% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 22% against the previous month. The export price peaked at $3,179 per ton in June 2022; however, from July 2022 to May 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($3,535 per ton), while the average price for exports to Kyrgyzstan ($1,633 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sack and Bag Price in Uzbekistan (CIF) - 2023

The average sack and bag import price stood at $2,459 per ton in May 2023, dropping by -6% against the previous month. Over the period under review, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 96% m-o-m. The import price peaked at $4,054 per ton in August 2022; however, from September 2022 to May 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Russia ($2,756 per ton), while the price for China stood at $2,207 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Sack and Bag Exports in Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in overseas shipments of sacks and bags, which increased by 64% to 5.9K tons in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sack and bag exports surged to $16M in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Sack and Bag in Uzbekistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	1.7	3.1	7.6	10.8	85.2%
Kazakhstan	2.1	1.5	1.4	1.5	-10.6%
Kyrgyzstan	1.2	0.4	0.6	1.3	2.7%
Ukraine	0.6	0.7	0.7	0.4	-12.6%
Afghanistan	N/A	N/A	N/A	0.4	0%
Israel	N/A	N/A	0.1	0.3	200.0%
Tajikistan	0.6	0.7	0.8	0.3	-20.6%
Others	0.2	0.2	0.5	1.2	81.7%
Total	6.4	6.6	11.7	16.1	36.0%

Top Export Markets for Sack and Bag from Uzbekistan in 2022:

Russia (3636.3 tons)
Kazakhstan (740.3 tons)
Kyrgyzstan (621.2 tons)
Tajikistan (169.9 tons)
Ukraine (148.2 tons)
Afghanistan (141.9 tons)
Israel (89.8 tons)

Sack and Bag Imports in Uzbekistan

In 2022, supplies from abroad of sacks and bags was finally on the rise to reach 689 tons after two years of decline. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sack and bag imports skyrocketed to $1.6M in 2022. In general, imports, however, saw a noticeable contraction.

Import of Sack and Bag in Uzbekistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	189	732	929	1,047	76.9%
Russia	1,351	365	96.3	402	-33.2%
Turkmenistan	N/A	N/A	N/A	48.4	0%
Turkey	81.8	49.7	28.3	27.9	-30.1%
Others	66.0	11.8	136	32.4	-21.1%
Total	1,687	1,158	1,190	1,558	-2.6%

Top Suppliers of Sack and Bag to Uzbekistan in 2022:

China (537.5 tons)
Russia (103.7 tons)
Turkmenistan (25.5 tons)
Turkey (13.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sack and bag market in Uzbekistan. 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:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023