MENA: Semi-Chemical Fluting Market 2024

Semi-Chemical Fluting Market Size in MENA

The MENA's semi-chemical fluting market rose rapidly to $X in 2021, surging by 6.9% against the previous year. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2021.

Semi-Chemical Fluting Production in MENA

In value terms, semi-chemical fluting production rose to $X in 2021 estimated in export price. The total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 36%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Semi-Chemical Fluting Exports

Exports in MENA

In 2021, after three years of growth, there was significant decline in shipments abroad of semi-chemical fluting, when their volume decreased by -52.9% to X tons. Over the period under review, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2015 with an increase of 26%. Over the period under review, the exports hit record highs at X tons in 2020, and then fell markedly in the following year.

In value terms, semi-chemical fluting exports declined markedly to $X in 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Saudi Arabia (X tons) and Kuwait (X tons) were the key exporters of semi-chemical fluting in MENA, together achieving 61% of total exports. It was distantly followed by the United Arab Emirates (X tons), Syrian Arab Republic (X tons), Israel (X tons) and Egypt (X tons), together achieving a 31% share of total exports. Turkey (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were in Syrian Arab Republic (with a CAGR of +58.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest semi-chemical fluting supplying countries in MENA were Saudi Arabia ($X), Kuwait ($X) and the United Arab Emirates ($X), with a combined 76% share of total exports. Syrian Arab Republic, Israel, Egypt and Turkey lagged somewhat behind, together comprising a further 20%.

Among the main exporting countries, Syrian Arab Republic, with a CAGR of +61.4%, recorded the highest rates of growth with regard to 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 2021, the export price in MENA amounted to $X per ton, jumping by 36% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+4.3%), while the other leaders experienced more modest paces of growth.

Semi-Chemical Fluting Imports

Imports in MENA

For the third consecutive year, MENA recorded decline in supplies from abroad of semi-chemical fluting, which decreased by -2.5% to X tons in 2021. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 4.6% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, semi-chemical fluting imports soared to $X in 2021. Overall, imports saw a noticeable downturn. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons), distantly followed by Morocco (X tons), Israel (X tons), Jordan (X tons), Lebanon (X tons), Egypt (X tons) and Yemen (X tons) were the major importers of semi-chemical fluting, together committing 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Jordan (with a CAGR of +18.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Morocco ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 63% of total imports. Jordan, Lebanon, Egypt and Yemen lagged somewhat behind, together comprising a further 30%.

In terms of the main importing countries, Jordan, with a CAGR of +23.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, picking up by 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Morocco ($X per ton) and Turkey ($X per ton), while Yemen ($X per ton) and Lebanon ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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