Middle East: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in the Middle East

The Middle Eastern other papers packaging market declined to $X in 2022, reducing by -2.3% against the previous year. In general, consumption, however, showed a slight reduction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Other Papers Packaging Production in the Middle East

In value terms, other papers packaging production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2013 with an increase of 89%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Other Papers Packaging Exports

Exports in the Middle East

Other papers packaging exports soared to X tons in 2022, growing by 30% on the previous year's figure. Over the period under review, exports showed a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by 98% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, other papers packaging exports surged to $X in 2022. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 78%. 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 exporting country with an export of around X tons, which finished at 71% of total exports. The United Arab Emirates (X tons) held the second position in the ranking, followed by Saudi Arabia (X tons). All these countries together took near 26% share of total exports.

Exports from Turkey increased at an average annual rate of +17.9% from 2012 to 2022. At the same time, the United Arab Emirates (+41.3%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +41.3% from 2012-2022. By contrast, Saudi Arabia (-2.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey and the United Arab Emirates increased by +27 and +14 percentage points, respectively.

In value terms, Turkey ($X) remains the largest other papers packaging supplier in the Middle East, comprising 79% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 9.9% share of total exports.

In Turkey, other papers packaging exports increased at an average annual rate of +21.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (+35.8% per year) and Saudi Arabia (-0.2% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, growing by 18% against the previous year. Export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging export price increased by +55.9% against 2020 indices. The growth pace was the most rapid in 2013 when the export price increased by 44% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 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 (+3.3%), while the other leaders experienced mixed trends in the export price figures.

Other Papers Packaging Imports

Imports in the Middle East

In 2022, after three years of growth, there was decline in overseas purchases of other papers packaging, when their volume decreased by -3.1% to X tons. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, other papers packaging imports expanded sharply to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2017 indices. The pace of growth was the most pronounced in 2013 when imports increased by 29%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) and the United Arab Emirates (X tons) represented the main importers of other papers packaging in the Middle East, together resulting at near 66% of total imports. It was distantly followed by Israel (X tons), constituting an 18% share of total imports. Iraq (X tons), Jordan (X tons), Iran (X tons) and Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of +53.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 86% share of total imports. Jordan, Iraq, Iran and Oman lagged somewhat behind, together accounting for a further 11%.

Iraq, with a CAGR of +51.9%, saw the highest growth rate of 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

In 2022, the import price in the Middle East amounted to $X per ton, surging by 19% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 19%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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