MENA: Container Market 2024

Container Market Size in MENA

The MENA's container market skyrocketed to $X in 2022, picking up by X% against the previous year. The total consumption indicated a pronounced 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Container Production in MENA

In value terms, container production declined to $X in 2022 estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Container Exports

Exports in MENA

For the third year in a row, MENA recorded growth in overseas shipments of tanks, casks, drums, cans, boxes and similar containers, which increased by X% to X units in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, container exports surged to $X in 2022. Total exports indicated a measured 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The biggest shipments were from Turkey (X units), the United Arab Emirates (X units) and Saudi Arabia (X units), together reaching X% of total export. It was distantly followed by Jordan (X units), Egypt (X units) and Morocco (X units), together generating a X% share of total exports. Kuwait (X units) took a relatively small share of total exports.

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 X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Jordan, Egypt, Morocco and Kuwait lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the export price in MENA amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 Egypt ($X per unit), while Kuwait ($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.

Container Imports

Imports in MENA

In 2022, supplies from abroad of tanks, casks, drums, cans, boxes and similar containers increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a slight setback. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, container imports soared to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Algeria (X units) and the United Arab Emirates (X units) were the largest importers of tanks, casks, drums, cans, boxes and similar containers in MENA, together accounting for approx. X% of total imports. It was followed by Morocco (X units), Oman (X units), Iraq (X units), Israel (X units), Yemen (X units) and Turkey (X units), together mixing up a X% share of total imports. The following importers - Palestine (X units), Jordan (X units), Egypt (X units), Libya (X units) and Kuwait (X units) - together made up X% of total imports.

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

In value terms, the largest container importing markets in MENA were Algeria ($X), the United Arab Emirates ($X) and Morocco ($X), with a combined X% share of total imports. Israel, Turkey, Palestine, Oman, Egypt, Jordan, Iraq, Libya, Kuwait and Yemen lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Palestine, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, with an increase of 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 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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