Saudi Arabia: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in Saudi Arabia

The Saudi wrapping papers market skyrocketed to $X in 2020, rising by 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). The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Wrapping Papers Exports

Exports from Saudi Arabia

In 2020, after two years of growth, there was significant decline in shipments abroad of wrapping paper, packaging paper and paperboard, when their volume decreased by -X% to X tonnes. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, wrapping papers exports reduced to $X in 2020. Overall, exports showed a slight decline. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2011 to 2020, the growth exports remained at a lower figure.

Exports by Country

Jordan (X tonnes) was the main destination for wrapping papers exports from Saudi Arabia, with a X% share of total exports. Moreover, wrapping papers exports to Jordan exceeded the volume sent to the second major destination, Egypt (X tonnes), fivefold. The third position in this ranking was occupied by Kuwait (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Jordan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-X% per year) and Kuwait (-X% per year).

In value terms, Jordan ($X) remains the key foreign market for wrapping papers exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Jordan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Egypt (-X% per year).

Export Prices by Country

The average wrapping papers export price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, export price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wrapping papers export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Pakistan ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Saudi Arabia

Wrapping papers imports into Saudi Arabia was estimated at X tonnes in 2020, with an increase of X% on 2019. Overall, imports showed a slight increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, wrapping papers imports rose modestly to $X in 2020. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The U.S. (X tonnes), Sweden (X tonnes) and Canada (X tonnes) were the main suppliers of wrapping papers imports to Saudi Arabia, together accounting for X% of total imports. These countries were followed by Finland, Brazil, Spain, Poland, Austria, Indonesia, Germany, China, Italy and Russia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain, while imports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), the U.S. ($X) and Canada ($X) were the largest wrapping papers suppliers to Saudi Arabia, with a combined X% share of total imports. These countries were followed by Brazil, Sweden, Spain, China, Indonesia, Italy, Austria, Poland, Germany and Russia, which together accounted for a further X recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wrapping papers import price stood at $X per tonne in 2020, declining by -X% against the previous year. In general, the import price saw a mild setback. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Finland ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wrapping paper, packaging paper and paperboard in the world?

+

The country with the largest volume of wrapping papers consumption was China (7.7M tonnes), accounting for 38% of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2M tonnes), fourfold. Italy (721K tonnes) ranked third in terms of total consumption with a 3.6% share.

What are the largest producers of wrapping paper, packaging paper and paperboard in the world?

+

China (7.1M tonnes) remains the largest wrapping papers producing country worldwide, comprising approx. 36% of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.5M tonnes), threefold. The third position in this ranking was occupied by Sweden (968K tonnes), with a 5% share.

What are the leading suppliers of wrapping paper, packaging paper and paperboard to Saudi Arabia?

+

In value terms, Finland ($9.6M), the U.S. ($8.6M) and Canada ($8.3M) were the largest wrapping papers suppliers to Saudi Arabia, together comprising 26% of total imports. These countries were followed by Brazil, Sweden, Spain, China, Indonesia, Italy, Austria, Poland, Germany and Russia, which together accounted for a further 46%.

What are the leading importers of wrapping paper, packaging paper and paperboard from Saudi Arabia?

+

In value terms, Jordan ($3.3M) remains the key foreign market for wrapping papers exports from Saudi Arabia, comprising 28% of total exports. The second position in the ranking was occupied by Kuwait ($1.4M), with a 12% share of total exports. It was followed by Egypt, with a 11% share.

What is the average export price for wrapping paper, packaging paper and paperboard in Saudi Arabia?

+

In 2020, the average wrapping papers export price amounted to $990 per tonne, increasing by 65% against the previous year.

What is the average import price for wrapping paper, packaging paper and paperboard in Saudi Arabia?

+

In 2020, the average wrapping papers import price amounted to $873 per tonne, with a decrease of -8.4% against the previous year.