GCC: Postcard Market 2024

Postcard Market Size in GCC

The GCC postcard market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, saw a perceptible slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Postcard Production in GCC

In value terms, postcard production expanded modestly to $X in 2022 estimated in export price. In general, production, however, posted a measured increase. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Postcard Exports

Exports in GCC

Postcard exports declined slightly to X tons in 2022, waning by X% against the previous year's figure. In general, exports recorded a precipitous descent. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, postcard exports skyrocketed to $X in 2022. Over the period under review, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates dominates exports structure, recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Bahrain (X tons), Kuwait (X tons), Oman (X tons) and Qatar (X tons), together achieving a X% share of total exports.

Exports from the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2022. Bahrain (X%), Kuwait (X%), Oman (X%) and Qatar (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Kuwait (X p.p.), Bahrain (X p.p.) and Qatar (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest postcard supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with an X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price showed a strong increase. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while Bahrain ($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 more modest paces of growth.

Postcard Imports

Imports in GCC

In 2022, imports of printed or illustrated postcards and printed cards in GCC soared to X tons, growing by X% compared with 2021 figures. In general, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, postcard imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates was the key importer of printed or illustrated postcards and printed cards in GCC, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Kuwait (X tons), mixing up a X% share of total imports. The following importers - Qatar (X tons) and Bahrain (X tons) - together made up X% of total imports.

The United Arab Emirates was also the fastest-growing in terms of the printed or illustrated postcards and printed cards imports, with a CAGR of X% from 2012 to 2022. Kuwait (X%), Bahrain (X%) and Qatar (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Qatar (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported printed or illustrated postcards and printed cards in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In the United Arab Emirates, postcard imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, shrinking by X% against the previous year. Import price indicated a noticeable 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, postcard import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Qatar ($X per ton), while the United Arab Emirates ($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 more modest paces of growth.

Source: IndexBox Platform

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