GCC: Market for Paper And Paperboard, Excluding Newsprint 2024

Market Size for Paper And Paperboard, Excluding Newsprint in GCC

In 2022, the GCC market for paper and paperboard, excluding newsprint increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a prominent increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Production of Paper And Paperboard, Excluding Newsprint in GCC

In value terms, paper and paperboard, excluding newsprint production expanded sharply to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Paper And Paperboard, Excluding Newsprint

Exports in GCC

In 2022, approx. X tons of paper and paperboard, excluding newsprint were exported in GCC; picking up by X% on 2021 figures. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, paper and paperboard, excluding newsprint exports surged to $X in 2022. Overall, exports posted a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

The United Arab Emirates represented the main exporter of paper and paperboard, excluding newsprint in GCC, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), constituting a X% share of total exports. Kuwait (X tons) held a little share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the paper and paperboard, excluding newsprint exports, with a CAGR of X% from 2012 to 2022. Kuwait and Saudi Arabia experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest paper and paperboard, excluding newsprint supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Kuwait ($X per ton) was 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 more modest paces of growth.

Imports of Paper And Paperboard, Excluding Newsprint

Imports in GCC

In 2022, approx. X tons of paper and paperboard, excluding newsprint were imported in GCC; reducing by X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper and paperboard, excluding newsprint imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) prevails in imports structure, together creating X% of total imports. It was distantly followed by Kuwait (X tons) and Oman (X tons), together generating a X% share of total imports. The following importers - Qatar (X tons) and Bahrain (X tons) - each accounted for a X% share of total imports.

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

In value terms, the largest paper and paperboard, excluding newsprint importing markets in GCC were the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X), together accounting for X% of total imports.

In terms of the main importing countries, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the import price in GCC amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a mild increase. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while Oman ($X per ton) was 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 more modest paces of growth.

Source: IndexBox Platform