The Middle East sacks and bags market is projected to experience a significant boost over the next decade, with volume and value increasing at expected rates of 3.9% and 5.4% annually, respectively. By 2035, the market is anticipated to reach 592,000 tons and a value of $2.4 billion, according to a recent report by IndexBox.

Key Market Insights

In 2024, the consumption of sacks and bags in the region reached 390,000 tons, a 4.4% increase from the previous year. Turkey emerged as the dominant force in this market, accounting for an impressive 62% of total consumption and 71% of overall production. The region displays a net export surplus, with Turkey leading export activities while Iraq and Israel top the list of importers.

• Market volume is expected to grow at a CAGR of 3.9%, reaching 592,000 tons by 2035.
• The market value is projected to increase by 5.4%, reaching $2.4 billion during the same period.
• In 2024, total consumption was recorded at 390,000 tons, showing strong recovery post-2023.
• Turkey, the primary consumer and producer, saw consumption of 241,000 tons.

Driving Factors Behind Growth

The growth of the market can be attributed to several factors. The rising demand for sacks and bags across various industries, coupled with the need for effective packaging solutions, contributes to the optimistic outlook. However, fluctuations in consumption were noted, especially when comparing to earlier periods. For instance, consumption peaked in 2022 at 398,000 tons before tapering off slightly in 2023.

Trends Over the Years

An examination of the eleven years from 2013 to 2024 shows that the sacks and bags market in the Middle East has generally enjoyed a positive trajectory, with average annual growth rates of 6.2%. Factors such as evolving consumer preferences and socioeconomic changes in the region played considerable roles in influencing demand.

Consumption Statistics Across Countries

When analyzing consumption by country, Turkey continues to lead the pack. The following are marked highlights:

• Turkey: 241,000 tons (62% of total).
• Iran: 49,000 tons (second largest consumer).
• Saudi Arabia: 41,000 tons (third).

Turkey alone generated approximately $887 million in market value, significantly overshadowing the figures from other nations. Israel and Saudi Arabia followed, with $175 million and an estimated market growth of 2.1% annually, respectively.

In terms of per capita consumption, Turkey again holds the highest figure at 2.8 kg per person, with Saudi Arabia and Israel both measuring at 1.1 kg.

Production Insights

The production of sacks and bags in the Middle East surged to 466,000 tons in 2024, marking a year-on-year increase of 7.8%. Overall, the production showed an upward trend with an average growth rate of 6.1% from 2013 to 2024, despite some fluctuations noted in production levels over the years.

• Turkey: 329,000 tons (71% of total production).
• Iran: 83,000 tons (second largest producer).

The value of production in 2024 reached approximately $1.4 billion, signaling a healthy growth trajectory despite recent years showing a decline from peak figures.

Import and Export Dynamics

Imports

In terms of imports, the Middle East saw a resurgence in 2024, with total imports of sacks and bags rising by 29% to 64,000 tons after a two-year decline. Iraq emerged as the largest importer, accounting for 20,000 tons, followed closely by Israel (11,000 tons) and Saudi Arabia (8,200 tons).

• In fiscal value, imports climbed to $165 million in 2024.
• The study recognized the steady growth of imports, particularly from Israel, with a CAGR of 15.6%.

Exports

On the export front, the Middle East experienced a significant increase with 139,000 tons exported in 2024, a jump of 29% from the previous year. Turkey solidified its position as the primary exporter, contributing 90,000 tons, while Iran followed with 35,000 tons.

• Export value surged to $406 million, with Turkey alone responsible for a staggering 82% of total exports.

Price Trends

Prices for imports in 2024 dropped to an average of $2,585 per ton, reflecting a 14.8% reduction from 2023. Conversely, export prices also witnessed a decline to $2,919 per ton, down 10.6% from the previous year.

• Turkey reported the highest import price at $3,420 per ton, while Iraq represented the lowest at $1,760 per ton.

Conclusion

Overall, the Middle East sacks and bags market appears well-positioned for sustained growth across the forecast period, primarily driven by Turkey’s dominant role in consumption and production, alongside increasing import and export activities within the region.