Colombia - Sacks And Bags Of Paper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaper Bag Price in Colombia - 2022
Contents:
- Paper Bag Price in Colombia (CIF) - 2022
- Paper Bag Price in Colombia (FOB) - 2022
- Paper Bag Imports in Colombia
- Paper Bag Exports in Colombia
Paper Bag Price in Colombia (CIF) - 2022
The average paper bag import price stood at $2,843 per ton in February 2022, shrinking by -4.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in January 2022 an increase of 22% against the previous month. As a result, import price reached the peak level of $2,977 per ton, and then declined slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Peru ($5,622 per ton), while the price for Free Zones ($1,549 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Bag Price in Colombia (FOB) - 2022
The average paper bag export price stood at $1,905 per ton in 2022, with a decrease of -1.7% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 16% against the previous year. As a result, the export price attained the peak level of $2,995 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($5,140 per ton), while the average price for exports to Free Zones ($1,011 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.
Paper Bag Imports in Colombia
Paper bag imports into Colombia reduced markedly to 11K tons in 2022, with a decrease of -25.3% on 2021 figures. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. As a result, imports attained the peak of 15K tons, and then shrank notably in the following year.
In value terms, paper bag imports declined markedly to $31M in 2022. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 99%. As a result, imports attained the peak of $42M, and then reduced remarkably in the following year.
Import of Paper Bag in Colombia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 3.1 | 1.0 | 8.3 | 6.2 | 26.0% |
China | 8.0 | 6.0 | 7.8 | 5.8 | -10.2% |
Brazil | 2.5 | 3.3 | 4.7 | 3.5 | 11.9% |
United States | 3.2 | 2.8 | 4.0 | 3.0 | -2.1% |
Peru | 2.4 | 2.2 | 4.0 | 3.0 | 7.7% |
Free Zones | 0.4 | 0.2 | 3.9 | 2.9 | 93.5% |
Spain | 1.4 | 2.2 | 2.2 | 1.6 | 4.6% |
Chile | 2.0 | 1.3 | 1.4 | 1.2 | -15.7% |
Ecuador | 0.7 | 0.1 | 1.6 | 1.2 | 19.7% |
Italy | 0.7 | 0.4 | 1.4 | 1.0 | 12.6% |
Honduras | N/A | N/A | 0.7 | 0.5 | -28.6% |
Others | 1.7 | 1.4 | 2.1 | 1.7 | 0.0% |
Total | 26.1 | 21.0 | 41.8 | 31.4 | 6.4% |
Top Suppliers of Paper Bag to Colombia in 2022:
- Free Zones (1913.2 tons)
- Brazil (1745.2 tons)
- Mexico (1639.9 tons)
- China (1382.2 tons)
- Peru (1023.2 tons)
- United States (777.1 tons)
- Chile (567.1 tons)
- Ecuador (564.5 tons)
- Spain (413.4 tons)
- Honduras (322.3 tons)
- Italy (249.2 tons)
Paper Bag Exports in Colombia
In 2022, approx. 15K tons of sacks and bags of paper were exported from Colombia; falling by -17.1% on 2021. Over the period under review, total exports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. As a result, the exports attained the peak of 18K tons, and then fell markedly in the following year.
In value terms, paper bag exports dropped significantly to $28M in 2022. In general, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59%. As a result, the exports reached the peak of $35M, and then contracted remarkably in the following year.
Export of Paper Bag in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.4 | 6.8 | 16.5 | 12.8 | 55.6% |
Venezuela | 7.3 | 3.7 | 3.4 | 3.6 | -21.0% |
Mexico | 1.5 | 1.6 | 2.4 | 1.9 | 8.2% |
Peru | 3.6 | 1.1 | 2.1 | 1.7 | -22.1% |
Chile | 1.6 | 1.9 | 1.9 | 1.5 | -2.1% |
Panama | 2.6 | 1.4 | 1.9 | 1.5 | -16.8% |
Ecuador | 2.0 | 1.2 | 1.9 | 1.4 | -11.2% |
Canada | 0.4 | 0.5 | 1.1 | 0.9 | 31.0% |
Costa Rica | 1.1 | 0.9 | 1.0 | 0.8 | -10.1% |
Dominican Republic | 0.6 | 0.7 | 0.8 | 0.6 | 0.0% |
Free Zones | 0.8 | 0.6 | N/A | 0.4 | -20.6% |
Others | 1.6 | 1.3 | 1.7 | 1.2 | -9.1% |
Total | 26.2 | 21.8 | 34.7 | 28.2 | 2.5% |
Top Export Markets for Paper Bag from Colombia in 2022:
- United States (7.2K tons)
- Venezuela (2.7K tons)
- Ecuador (1.0K tons)
- Canada (0.7K tons)
- Peru (0.6K tons)
- Panama (0.5K tons)
- Chile (0.4K tons)
- Mexico (0.4K tons)
- Dominican Republic (0.3K tons)
- Free Zones (0.3K tons)
- Costa Rica (0.2K tons)
This report provides an in-depth analysis of the paper bag market in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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