GCC: Cellulose Pulp Machinery Market 2024

Cellulose Pulp Machinery Market Size in GCC

The GCC cellulose pulp machinery market expanded sharply to $X.2B in 2022, with an increase of X% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X.5B in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cellulose Pulp Machinery Production in GCC

In value terms, cellulose pulp machinery production rose slightly to $X.1B in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cellulose Pulp Machinery Exports

Exports in GCC

After three years of growth, overseas shipments of machinery for making pulp of fibrous cellulosic material decreased by X% to X units in 2022. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then fell in the following year.

In value terms, cellulose pulp machinery exports declined notably to $X in 2022. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the major exporter of machinery for making pulp of fibrous cellulosic material in GCC, with the volume of exports recording X units, which was near X% of total exports in 2022. It was distantly followed by Bahrain (X units), Oman (X units), Saudi Arabia (X units) and Kuwait (X units), together generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cellulose pulp machinery exports from the United Arab Emirates stood at X%. At the same time, Bahrain (X%), Oman (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) illustrated a downward trend over the same period. While the share of Bahrain (X p.p.), Saudi Arabia (X p.p.), Oman (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest cellulose pulp machinery supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by Kuwait, with an X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Oman (X% per year) and Kuwait (X% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price recorded a deep contraction. The growth pace was the most rapid in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Cellulose Pulp Machinery Imports

Imports in GCC

In 2022, after two years of growth, there was significant decline in purchases abroad of machinery for making pulp of fibrous cellulosic material, when their volume decreased by X% to X units. Over the period under review, imports, however, showed noticeable growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, cellulose pulp machinery imports dropped notably to $X in 2022. In general, imports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Qatar (X units) was the main importer of machinery for making pulp of fibrous cellulosic material, generating X% of total imports. The United Arab Emirates (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%), Bahrain (X%) and Kuwait (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest cellulose pulp machinery importing markets in GCC were Kuwait ($X), the United Arab Emirates ($X) and Qatar ($X), with a combined X% share of total imports.

Qatar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 GCC stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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