United Arab Emirates: Paper Articles Market 2024

Paper Articles Market Size in the United Arab Emirates

In 2023, the paper articles market in the United Arab Emirates increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a resilient expansion. Over the period under review, the market attained the peak level in 2023 and is expected to retain growth in the immediate term.

Paper Articles Production in the United Arab Emirates

In value terms, paper articles production rose slightly to $X in 2023 estimated in export price. In general, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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Paper Articles Exports

Exports from the United Arab Emirates

In 2023, the amount of boxes, pouches, wallets and writing compendiums of paper exported from the United Arab Emirates surged to X tons, rising by X% compared with 2022. In general, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, paper articles exports skyrocketed to $X in 2023. Overall, exports saw a buoyant expansion. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons), the United States (X tons) and the UK (X tons) were the main destinations of paper articles exports from the United Arab Emirates, with a combined X% share of total exports. Zambia, Burkina Faso, Canada, Malaysia, Mozambique, Germany and the Philippines lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Burkina Faso ($X) emerged as the key foreign market for boxes, pouches, wallets and writing compendiums of paper exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with an X% share of total exports. It was followed by the UK, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Burkina Faso was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and the UK (X% per year).

Export Prices by Country

In 2023, the average paper articles export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, paper articles export price increased by X% against 2021 indices. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Articles Imports

Imports into the United Arab Emirates

In 2023, the amount of boxes, pouches, wallets and writing compendiums of paper imported into the United Arab Emirates surged to X tons, increasing by X% compared with 2022. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, paper articles imports rose to $X in 2023. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, China (X tons) was the main paper articles supplier to the United Arab Emirates, with a X% share of total imports. Moreover, paper articles imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of boxes, pouches, wallets and writing compendiums of paper to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the UK (X% per year).

Import Prices by Country

In 2023, the average paper articles import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the average import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform