MENA: Packaging Materials Market 2024

Packaging Materials Market Size in MENA

In 2022, the MENA's packaging materials market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Packaging Materials Production in MENA

In value terms, packaging materials production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Packaging Materials Exports

Exports in MENA

After two years of decline, shipments abroad of packaging materials increased by X% to X tons in 2022. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, packaging materials exports surged to $X in 2022. Overall, exports enjoyed a strong expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Turkey was the largest exporter of packaging materials in MENA, with the volume of exports recording X tons, which was near X% of total exports in 2022. The United Arab Emirates (X tons) held the second position in the ranking, followed by Saudi Arabia (X tons) and Egypt (X tons). All these countries together took approx. X% share of total exports. The following exporters - Kuwait (X tons), Oman (X tons) and Iran (X tons) - each amounted to an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to packaging materials exports from Turkey stood at X%. At the same time, Oman (X%), Egypt (X%), Iran (X%), the United Arab Emirates (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. Egypt (X p.p.), Turkey (X p.p.), the United Arab Emirates (X p.p.), Oman (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest packaging materials supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

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

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Iran ($X per ton) 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.

Packaging Materials Imports

Imports in MENA

Packaging materials imports expanded significantly to X tons in 2022, surging by X% against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, packaging materials imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) represented the main importer of packaging materials, achieving X% of total imports. It was distantly followed by Saudi Arabia (X tons), the United Arab Emirates (X tons), Morocco (X tons), Egypt (X tons), Algeria (X tons) and Israel (X tons), together achieving a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to packaging materials imports into Turkey stood at X%. At the same time, Morocco (X%), the United Arab Emirates (X%) and Algeria (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Israel, Saudi Arabia and Egypt experienced a relatively flat trend pattern. While the share of Morocco (X p.p.), the United Arab Emirates (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (X p.p.) and Egypt (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported packaging materials in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Egypt (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Algeria ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform

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