United Arab Emirates: Market for Packing Cases, Boxes And Similar Packings 2024

Market Size for Packing Cases, Boxes And Similar Packings in the United Arab Emirates

For the third year in a row, the wooden case and box market in the United Arab Emirates recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption, however, recorded resilient growth. Wooden case and box consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Packing Cases, Boxes And Similar Packings in the United Arab Emirates

In value terms, wooden case and box production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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Exports of Packing Cases, Boxes And Similar Packings

Exports from the United Arab Emirates

In 2022, approx. X units of packing cases, boxes and similar packings were exported from the United Arab Emirates; growing by X% compared with 2021 figures. In general, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, wooden case and box exports soared to $X in 2022. Overall, exports showed buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Oman (X units) was the main destination for wooden case and box exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, wooden case and box exports to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X units), ninefold. China (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and China (X.7% per year).

In value terms, Oman ($X) remains the key foreign market for packing cases, boxes and similar packings exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X,468.3% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average wooden case and box export price amounted to $X per unit, increasing by X% against the previous year. In general, export price indicated a tangible 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, wooden case and box export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

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

Imports of Packing Cases, Boxes And Similar Packings

Imports into the United Arab Emirates

In 2022, approx. X units of packing cases, boxes and similar packings were imported into the United Arab Emirates; leveling off at 2021 figures. Overall, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, wooden case and box imports surged to $X in 2022. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden case and box to the United Arab Emirates, accounting for a X% share of total imports. Moreover, wooden case and box imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. India (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of packing cases, boxes and similar packings to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

The average wooden case and box import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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