MENA: Paperboard Case Material Market 2024

Paperboard Case Material Market Size in MENA

In 2022, the MENA's paperboard case material market increased by 0.4% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a remarkable increase. Over the period under review, the market reached the peak level at $X in 2018; afterwards, it flattened through to 2022.

Paperboard Case Material Production in MENA

In value terms, paperboard case material production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced slump. The growth pace was the most rapid in 2017 when the production volume increased by 11%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Paperboard Case Material Exports

Exports in MENA

In 2022, shipments abroad of paperboard case materials was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 30%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, paperboard case material exports skyrocketed to $X in 2022. In general, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 27% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) represented roughly 59% of total exports in 2022. Saudi Arabia (X tons) took the next position in the ranking, followed by Egypt (X tons). All these countries together held approx. 30% share of total exports. Israel (X tons), Kuwait (X tons) and Iran (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Egypt (with a CAGR of +49.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest paperboard case material supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Egypt ($X), together accounting for 75% of total exports.

In terms of the main exporting countries, Egypt, with a CAGR of +51.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, reducing by -1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 an increase of 42% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Israel ($X per ton) and Egypt ($X per ton), while Iran ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.8%), while the other leaders experienced more modest paces of growth.

Paperboard Case Material Imports

Imports in MENA

Paperboard case material imports expanded slightly to X tons in 2022, growing by 3% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2019 with an increase of 10% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, paperboard case material imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 27%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Turkey (X tons) and Algeria (X tons) represented the major importers of paperboard case materials in 2022, resulting at near 22% and 18% of total imports, respectively. It was distantly followed by the United Arab Emirates (X tons), Saudi Arabia (X tons), Morocco (X tons), Israel (X tons) and Egypt (X tons), together constituting a 44% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Algeria (with a CAGR of +12.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported paperboard case materials in MENA, comprising 29% of total imports. The second position in the ranking was taken by Algeria ($X), with a 14% share of total imports. It was followed by Morocco, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled +2.5%. The remaining importing countries recorded the following average annual rates of imports growth: Algeria (+11.4% per year) and Morocco (+13.9% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, growing by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2021 when the import price increased by 32% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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