GCC: Market for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) 2024

Market Size for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in GCC

The GCC market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s expanded remarkably to $X in 2023, picking up by X% against the previous year. The total consumption 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, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in GCC

In value terms, production of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s stood at $X in 2023 estimated in export price. The total production indicated a prominent expansion 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. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

Exports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Exports in GCC

In 2023, shipments abroad of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s was finally on the rise to reach X tons after two years of decline. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s rose significantly to $X in 2023. Overall, exports saw prominent growth. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, the United Arab Emirates (X tons) and Saudi Arabia (X tons) was the key exporter of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s in GCC, comprising X% of total export.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of X%).

In value terms, the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2023.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in GCC amounted to $X per ton, with a decrease of 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 2016 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Imports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Imports in GCC

In 2023, approx. X tons of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s were imported in GCC; surging by X% against the previous year. In general, imports posted a strong expansion. Over the period under review, imports of hit record highs at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s skyrocketed to $X in 2023. Over the period under review, imports posted a buoyant expansion. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia prevails in hardened)s structure, accounting for X tons, which was approx. X% of total imports in 2023. Bahrain (X tons) held the second position in the ranking, followed by Oman (X tons). All these countries together held near X% share of total imports. Qatar (X tons) and the United Arab Emirates (X tons) held a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) imports into Saudi Arabia stood at X%. At the same time, Qatar (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. By contrast, Oman (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X p.p.), Bahrain (X p.p.) and Qatar (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Oman (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s in GCC, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Bahrain, with a X% share.

In Saudi Arabia, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Bahrain (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Qatar ($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 other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform