Middle East: Recovered Paper Market 2024

Recovered Paper Market Size in the Middle East

The Middle Eastern recovered paper market reduced modestly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a moderate 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 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Recovered Paper Production in the Middle East

In value terms, recovered paper production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Recovered Paper Exports

Exports in the Middle East

In 2022, recovered paper exports in the Middle East shrank to X tons, declining by X% against 2021 figures. Total exports indicated mild 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, recovered paper exports shrank slightly to $X in 2022. Total exports indicated pronounced growth 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 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the largest exporter of recovered paper in the Middle East, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. Iraq (X tons) ranks second in terms of the total exports with a X% share, followed by Turkey (X%), Saudi Arabia (X%), Israel (X%) and Bahrain (X%). Kuwait (X tons) took a minor share of total exports.

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

In value terms, the United Arab Emirates ($X) remains the largest recovered paper supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

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

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, increasing by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price 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, recovered paper export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked 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 ($X per ton), while Bahrain ($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 (X%), while the other leaders experienced more modest paces of growth.

Recovered Paper Imports

Imports in the Middle East

In 2022, overseas purchases of recovered paper decreased by X% to X tons, falling for the second year in a row after nine years of growth. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, recovered paper imports expanded notably to $X in 2022. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 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 years to come.

Imports by Country

Turkey dominates imports structure, resulting at X tons, which was approx. X% of total imports in 2022. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Iran (X%). Saudi Arabia (X tons) took a relatively small share of total imports.

Turkey was also the fastest-growing in terms of the recovered paper imports, with a CAGR of X% from 2012 to 2022. At the same time, Iran (X%) displayed positive paces of growth. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Saudi Arabia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported recovered paper in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iran ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

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

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, increasing 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% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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