Bahrain: Market for Packing Cases, Boxes And Similar Packings 2024

Market Size for Packing Cases, Boxes And Similar Packings in Bahrain

In 2022, the Bahraini wooden case and box market increased by X% to $X, rising for the fourth consecutive year after three years of decline. In general, consumption showed a modest increase. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Packing Cases, Boxes And Similar Packings in Bahrain

In value terms, wooden case and box production rose modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Packing Cases, Boxes And Similar Packings

Exports from Bahrain

In 2022, the amount of packing cases, boxes and similar packings exported from Bahrain shrank dramatically to X units, declining by X% compared with the year before. Over the period under review, exports saw a slight contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden case and box exports surged to $X in 2022. Overall, total exports indicated a moderate increase 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, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units), Australia (X units) and Kuwait (X units) were the main destinations of wooden case and box exports from Bahrain, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Saudi Arabia ($X) and Kuwait ($X) constituted the largest markets for wooden case and box exported from Bahrain worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Australia, with a CAGR of X%, saw the highest growth rate of 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 2022, the average wooden case and box export price amounted to $X per unit, picking up by X% against the previous year. In general, export 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, 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 Qatar ($X per unit), while the average price for exports to the United Arab Emirates ($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 Qatar (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 Bahrain

In 2022, overseas purchases of packing cases, boxes and similar packings decreased by X% to X units, falling for the fourth year in a row after three years of growth. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden case and box imports declined sharply to $X in 2022. Over the period under review, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X units) constituted the largest supplier of wooden case and box to Bahrain, with a X% share of total imports. Moreover, wooden case and box imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The United Arab Emirates (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United Arab Emirates (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average wooden case and box import price amounted to $X per unit, growing by X% against the previous year. In general, import price indicated a remarkable increase 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 import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform