United Arab Emirates: Corrugated Paper Box Market 2024

Corrugated Paper Box Market Size in the United Arab Emirates

In 2022, the corrugated paper box market in the United Arab Emirates decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, recorded strong growth. Corrugated paper box consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Corrugated Paper Box Production in the United Arab Emirates

In value terms, corrugated paper box production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production saw a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Corrugated paper box production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Corrugated Paper Box Exports

Exports from the United Arab Emirates

After three years of decline, overseas shipments of cartons, boxes and cases of corrugated paper or paperboard increased by X% to X tons in 2022. Overall, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, corrugated paper box exports skyrocketed to $X in 2022. Over the period under review, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Oman (X tons) was the main destination for corrugated paper box exports from the United Arab Emirates, with a X% share of total exports. Moreover, corrugated paper box exports to Oman exceeded the volume sent to the second major destination, Iraq (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Saudi Arabia (X% per year).

In value terms, Oman ($X), Saudi Arabia ($X) and Iraq ($X) were the largest markets for corrugated paper box exported from the United Arab Emirates worldwide, together accounting for X% of total exports.

Among the main countries of destination, Iraq, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average corrugated paper box export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Box Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of cartons, boxes and cases of corrugated paper or paperboard was finally on the rise to reach X tons after four years of decline. Overall, imports, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, corrugated paper box imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a mild descent. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), India (X tons) and Oman (X tons) were the main suppliers of corrugated paper box imports to the United Arab Emirates, together accounting for X% of total imports. Saudi Arabia, the Netherlands, Thailand, Germany and Kuwait lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of cartons, boxes and cases of corrugated paper or paperboard to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Saudi Arabia, with an X% share.

From 2012 to 2022, 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: India (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The average corrugated paper box import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a tangible increase 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, corrugated paper box import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Oman ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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