U.S.: Paper Bag Market 2024

Paper Bag Market Size in the U.S.

The U.S. paper bag market reached $X in 2023, leveling off at the previous year. The market value increased at an average annual rate of X% over the period from 2013 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market reached the peak level in 2023 and is likely to see gradual growth in the immediate term.

Paper Bag Production in the U.S.

In value terms, paper bag production dropped to $X in 2023. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. Paper bag production peaked at $X in 2022, and then reduced in the following year.

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Paper Bag Exports

Exports from the U.S.

In 2023, overseas shipments of paper bag and coated and treated paper decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, paper bag exports reduced modestly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2013 to 2023; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then fell slightly in the following year.

Exports by Country

Canada (X tons) was the main destination for paper bag exports from the United States, with a X% share of total exports. Moreover, paper bag exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), twofold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2013 to 2023, the average annual rate of growth in terms of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Japan (X% per year).

In value terms, Canada ($X), Mexico ($X) and China ($X) were the largest markets for paper bag exported from the United States worldwide, with a combined X% share of total exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average paper bag export price amounted to $X per ton, surging by X% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Imports

Imports into the U.S.

In 2023, overseas purchases of paper bag and coated and treated paper decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2022, and then declined in the following year.

In value terms, paper bag imports fell to $X in 2023. The total import value increased at an average annual rate of X% from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2022, and then shrank in the following year.

Imports by Country

Canada (X tons), China (X tons) and Mexico (X tons) were the main suppliers of paper bag imports to the United States, together comprising X% of total imports. Germany, Vietnam, India, Taiwan (Chinese), Brazil, Indonesia, Malaysia, Japan, Italy and France lagged somewhat behind, together comprising a further X%.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), China ($X) and Mexico ($X) appeared to be the largest paper bag suppliers to the United States, together accounting for X% of total imports. Germany, Taiwan (Chinese), Vietnam, Japan, India, Brazil, Italy, France, Indonesia and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to 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, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2023 and is likely to see gradual growth in the near future.

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

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform