Middle East: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in the Middle East

The Middle Eastern non-cellular polyethylene film market fell to $X in 2022, waning by X% against the previous year. In general, consumption, however, continues to indicate a strong expansion. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Non-Cellular Polyethylene Film Production in the Middle East

In value terms, non-cellular polyethylene film production declined significantly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Non-Cellular Polyethylene Film Exports

Exports in the Middle East

Non-cellular polyethylene film exports rose modestly to X tons in 2022, growing by X% on the previous year's figure. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, non-cellular polyethylene film exports soared to $X in 2022. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Saudi Arabia (X tons) and Turkey (X tons) prevails in exports structure, together constituting X% of total exports. Israel (X tons) ranks next in terms of the total exports with an X% share, followed by the United Arab Emirates (X%). Iran (X tons) took a little share of total exports.

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

In value terms, Turkey ($X), Saudi Arabia ($X) and Israel ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. The United Arab Emirates and Iran lagged somewhat behind, together accounting for a further X%.

Iran, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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 the Middle East amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

Non-Cellular Polyethylene Film Imports

Imports in the Middle East

In 2022, after ten years of growth, there was significant decline in overseas purchases of non-cellular polyethylene films, sheets, foil and strip, when their volume decreased by X% to X tons. Total imports indicated prominent growth from 2012 to 2022: its volume 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. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, non-cellular polyethylene film imports amounted to $X in 2022. Total imports indicated a strong 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) was the key importer of non-cellular polyethylene films, sheets, foil and strip, achieving X% of total imports. The United Arab Emirates (X tons) took the second position in the ranking, followed by Israel (X tons), Kuwait (X tons) and Oman (X tons). All these countries together took approx. X% share of total imports. The following importers - Iraq (X tons) and Jordan (X tons) - together made up X% of total imports.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Kuwait (X%), the United Arab Emirates (X%), Jordan (X%), Oman (X%), Iraq (X%) and Israel (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Kuwait (X p.p.), the United Arab Emirates (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total imports, while Israel 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 ($X) constitutes the largest market for imported non-cellular polyethylene films, sheets, foil and strip in the Middle East, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by Kuwait, 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: Israel (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while Iraq ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :