Saudi Arabia: Wrapping Papers Market 2022

Wrapping Papers Market Size in Saudi Arabia

The Saudi wrapping papers market expanded remarkably to $X in 2021, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Wrapping Papers Exports

Exports from Saudi Arabia

In 2021, the amount of wrapping paper, packaging paper and paperboard exported from Saudi Arabia surged to X tons, increasing by X% against the year before. Overall, exports, however, showed a mild descent. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, wrapping papers exports declined to $X in 2021. In general, exports showed a measured expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Jordan (X tons), Algeria (X tons) and Yemen (X tons) were the main destinations of wrapping papers exports from Saudi Arabia, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wrapping papers exported from Saudi Arabia were Algeria ($X), Jordan ($X) and Kuwait ($X), together accounting for X% of total exports. These countries were followed by Spain, Egypt, Yemen and China, which together accounted for a further X terms of the main countries of destination, Spain, 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

The average wrapping papers export price stood at $X per ton in 2021, which is down by -X% against the previous year. Overall, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wrapping papers export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then reduced notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Wrapping Papers Imports

Imports into Saudi Arabia

In 2021, overseas purchases of wrapping paper, packaging paper and paperboard increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, wrapping papers imports expanded markedly to $X in 2021. In general, imports, however, continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Kuwait (X tons), Italy (X tons) and India (X tons) were the main suppliers of wrapping papers imports to Saudi Arabia, together accounting for X% of total imports. Finland, Russia, Spain, Poland, Brazil, Sweden, Germany, Slovenia, Indonesia and the United States lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Slovenia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers suppliers to Saudi Arabia were Finland ($X), Kuwait ($X) and Italy ($X), with a combined X% share of total imports. India, Russia, Spain, Sweden, Brazil, the United States, Germany, Poland, Indonesia and Slovenia lagged somewhat behind, together comprising a further X terms of the main suppliers, Slovenia, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 2021, the average wrapping papers import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, showed a perceptible curtailment. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Finland ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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