GCC: Market for Paper other than Graphic, Packaging or Tissue 2024

Market Size for Paper other than Graphic, Packaging or Tissue in GCC

The GCC market for paper other than graphic, packaging or tissue skyrocketed to $X in 2022, growing by X% against the previous year. Overall, consumption posted resilient growth. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Paper other than Graphic, Packaging or Tissue in GCC

In value terms, production of paper other than graphic, packaging or tissue dropped to $X in 2022 estimated in export price. Overall, production, however, saw temperate growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Paper other than Graphic, Packaging or Tissue

Exports in GCC

In 2022, the amount of paper other than graphic, packaging or tissue exported in GCC contracted to X tons, falling by X% on the previous year's figure. Overall, exports, however, continue to indicate a noticeable expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, exports of paper other than graphic, packaging or tissue soared to $X in 2022. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Saudi Arabia (X tons) was the major exporter of paper other than graphic, packaging or tissue, constituting X% of total exports. It was distantly followed by the United Arab Emirates (X tons), comprising a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%).

In value terms, the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2022.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, jumping by X% against the previous year. In general, the export price saw strong growth. Over the period under review, the export prices reached the peak figure at $X per ton in 2020; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Imports of Paper other than Graphic, Packaging or Tissue

Imports in GCC

In 2022, after two years of decline, there was significant growth in supplies from abroad of paper other than graphic, packaging or tissue, when their volume increased by X% to X tons. Over the period under review, imports showed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, imports of paper other than graphic, packaging or tissue surged to $X in 2022. Overall, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates dominates tissue structure, recording X tons, which was near X% of total imports in 2022. It was distantly followed by Kuwait (X tons), generating a X% share of total imports. Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to paper other than graphic, packaging or tissue imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.) and Kuwait (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported paper other than graphic, packaging or tissue in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports.

In the United Arab Emirates, imports of paper other than graphic, packaging or tissue expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Bahrain (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, with an increase of X% against the previous year. Import price indicated buoyant growth 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, import price for paper other than graphic, packaging or tissue increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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