MENA: Asphalted Paper Market 2024

Asphalted Paper Market Size in MENA

The MENA's asphalted paper market rose significantly to $X in 2022, increasing by X% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Asphalted Paper Production in MENA

In value terms, asphalted paper production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Asphalted Paper Exports

Exports in MENA

In 2022, approx. X tons of tarred, bituminised or asphalted paper and paperboard were exported in MENA; dropping by X% on the year before. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, asphalted paper exports dropped markedly to $X in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Turkey (X tons) was the major exporter of tarred, bituminised or asphalted paper and paperboard, creating X% of total exports. Saudi Arabia (X tons) ranks second in terms of the total exports with a X% share, followed by Egypt (X%) and the United Arab Emirates (X%).

From 2012 to 2022, average annual rates of growth with regard to asphalted paper exports from Turkey stood at X%. The United Arab Emirates (X%), Saudi Arabia (X%) and Egypt (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.), the United Arab Emirates (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest asphalted paper supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Egypt, with an X% share.

In Turkey, asphalted paper exports 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: Saudi Arabia (X% per year) and Egypt (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the United Arab Emirates ($X per ton) and Egypt ($X per ton), while Saudi Arabia ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Asphalted Paper Imports

Imports in MENA

In 2022, overseas purchases of tarred, bituminised or asphalted paper and paperboard increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a perceptible expansion. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, asphalted paper imports surged to $X in 2022. In general, imports recorded moderate growth. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Egypt prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2022. Iran (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Syrian Arab Republic (X%). Oman (X tons), Turkey (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to asphalted paper imports into Egypt stood at X%. At the same time, Syrian Arab Republic (X%), Oman (X%) and Iran (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. Egypt (X p.p.), Syrian Arab Republic (X p.p.), Iran (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total imports, while Turkey and the United Arab Emirates saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Egypt ($X) constitutes the largest market for imported tarred, bituminised or asphalted paper and paperboard in MENA, comprising X% of total imports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

In Egypt, asphalted paper imports 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: Syrian Arab Republic (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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