GCC: Paper Making Machinery Market 2024

Paper Making Machinery Market Size in GCC

The GCC paper making machinery market reached $X in 2022, increasing by X% against the previous year. Over the period under review, consumption saw a resilient expansion. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Paper Making Machinery Production in GCC

In value terms, paper making machinery production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Paper Making Machinery Exports

Exports in GCC

Paper making machinery exports fell sharply to X units in 2022, waning by X% compared with 2021. In general, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then contracted sharply in the following year.

In value terms, paper making machinery exports shrank dramatically to $X in 2022. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell rapidly in the following year.

Exports by Country

The United Arab Emirates prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Bahrain (X units), constituting a X% share of total exports. The following exporters - Kuwait (X units) and Oman (X units) - each reached a X% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Bahrain (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%) and Oman (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Bahrain and Kuwait increased by X, X and X percentage points, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kuwait (X% per year) and Bahrain (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, increasing by X% against the previous year. Overall, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman ($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.

Paper Making Machinery Imports

Imports in GCC

In 2022, the amount of machinery for making up paper pulp, paper or paperboard imported in GCC reached X units, surging by X% compared with the previous year. Over the period under review, imports showed a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper making machinery imports reduced modestly to $X in 2022. Overall, imports enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2013 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

Qatar (X units) and the United Arab Emirates (X units) dominates imports structure, together generating X% of total imports. Oman (X units) took the next position in the ranking, followed by Kuwait (X units). All these countries together held approx. X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported machinery for making up paper pulp, paper or paperboard in GCC, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

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

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price showed a pronounced reduction. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, 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 ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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