SADC: Sack And Bag Market 2024

Sack And Bag Market Size in SADC

In 2023, the SADC sack and bag market decreased by X% to $X, falling for the second year in a row after five years of growth. The total consumption indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Sack And Bag Production in SADC

In value terms, sack and bag production expanded markedly to $X in 2023 estimated in export price. The total production indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Sack And Bag Exports

Exports in SADC

In 2023, the amount of sacks and bags exported in SADC rose slightly to X tons, with an increase of X% compared with 2022 figures. Total exports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, sack and bag exports declined modestly to $X in 2023. Total exports indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2022, and then declined modestly in the following year.

Exports by Country

South Africa (X tons) and Tanzania (X tons) represented roughly X% of total exports in 2023. Swaziland (X tons) ranks next in terms of the total exports with a X% share, followed by Zambia (X%) and Malawi (X%). Namibia (X tons) and Madagascar (X tons) held a little share of total exports.

From 2012 to 2023, the biggest increases were recorded for Zambia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sack and bag supplying countries in SADC were South Africa ($X), Tanzania ($X) and Swaziland ($X), together accounting for X% of total exports. Zambia, Malawi, Madagascar and Namibia lagged somewhat behind, together comprising a further X%.

Zambia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, waning by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Swaziland (X%), while the other leaders experienced more modest paces of growth.

Sack And Bag Imports

Imports in SADC

In 2023, after two years of growth, there was decline in purchases abroad of sacks and bags, when their volume decreased by X% to X tons. Total imports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2014 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked at X tons in 2022, and then reduced in the following year.

In value terms, sack and bag imports fell slightly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then contracted in the following year.

Imports by Country

Mozambique (X tons) and South Africa (X tons) represented roughly X% of total imports in 2023. Tanzania (X tons) held the next position in the ranking, followed by Democratic Republic of the Congo (X tons), Botswana (X tons), Zimbabwe (X tons), Namibia (X tons) and Zambia (X tons). All these countries together held near X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X), South Africa ($X) and Democratic Republic of the Congo ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Among the main importing countries, Mozambique, with a CAGR of X%, recorded the highest growth rate of 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 import price in SADC stood at $X per ton in 2023, reducing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform