Bahrain: Paper Bag Market 2024

Paper Bag Market Size in Bahrain

The Bahraini paper bag market reduced to $X in 2023, which is down by X% against the previous year. Overall, consumption, however, enjoyed resilient growth. Paper bag consumption peaked at $X in 2022, and then reduced modestly in the following year.

Paper Bag Production in Bahrain

In value terms, paper bag production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, showed buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Paper Bag Exports

Exports from Bahrain

In 2023, paper bag exports from Bahrain dropped notably to X tons, falling by X% on 2022. In general, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, paper bag exports skyrocketed to $X in 2023. Overall, exports saw a abrupt setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), the UK (X tons) and Belgium (X tons) were the main destinations of paper bag exports from Bahrain, together accounting for X% of total exports. Denmark lagged somewhat behind, comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for sacks and bags of paper exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2023, the average paper bag export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price recorded significant growth. 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 external markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Imports

Imports into Bahrain

After two years of growth, overseas purchases of sacks and bags of paper decreased by X% to X tons in 2023. Overall, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, paper bag imports shrank 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 throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then fell in the following year.

Imports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of paper bag imports to Bahrain, with a combined X% share of total imports. Kuwait, Oman, Free Zones and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and China ($X) were the largest paper bag suppliers to Bahrain, with a combined X% share of total imports. Kuwait, Oman, India and Free Zones lagged somewhat behind, together accounting for a further X%.

Free Zones, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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, standing approx. at the previous year. Overall, import price indicated a buoyant increase from 2012 to 2023: its price 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, paper bag import price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform