MENA: Market for Albums For Samples, Collections, Stamps Or Photographs 2024

Market Size for Albums For Samples, Collections, Stamps Or Photographs in MENA

After four years of decline, the MENA's market for albums for samples, collections, stamps or photographs increased by 28% to $X in 2022. Overall, consumption, however, recorded a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Albums For Samples, Collections, Stamps Or Photographs in MENA

In value terms, stamp and photo collection album production skyrocketed to $X in 2022 estimated in export price. In general, production, however, showed a deep contraction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Albums For Samples, Collections, Stamps Or Photographs

Exports in MENA

Stamp and photo collection album exports fell to X tons in 2022, which is down by -6.4% against 2021 figures. Over the period under review, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, stamp and photo collection album exports reduced to $X in 2022. In general, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of 16%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Tunisia dominates exports structure, reaching X tons, which was near 88% of total exports in 2022. It was distantly followed by Turkey (X tons), achieving a 5.1% share of total exports. The following exporters - Syrian Arab Republic (X tons) and Egypt (X tons) - each accounted for a 3.9% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to stamp and photo collection album exports from Tunisia stood at +2.7%. At the same time, Syrian Arab Republic (+4.1%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing exporter exported in MENA, with a CAGR of +4.1% from 2012-2022. By contrast, Turkey (-7.0%) and Egypt (-10.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tunisia increased by +34 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tunisia ($X) remains the largest stamp and photo collection album supplier in MENA, comprising 90% of total exports. The second position in the ranking was taken by Turkey ($X), with a 5.6% share of total exports. It was followed by Egypt, with a 0.8% share.

In Tunisia, stamp and photo collection album exports shrank by an average annual rate of -1.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (-6.8% per year) and Egypt (-16.3% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price showed a slight decrease. The growth pace was the most rapid in 2020 when the export price increased by 48% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Syrian Arab Republic ($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 (+0.2%), while the other leaders experienced a decline in the export price figures.

Imports of Albums For Samples, Collections, Stamps Or Photographs

Imports in MENA

In 2022, the amount of albums for samples, collections, stamps or photographs imported in MENA fell markedly to X tons, waning by -67.4% on 2021. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2019 when imports increased by 30% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, stamp and photo collection album imports declined sharply to $X in 2022. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 29%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Iran (X tons), the United Arab Emirates (X tons), Israel (X tons) and Iraq (X tons) represented the key importer of albums for samples, collections, stamps or photographs in MENA, creating 65% of total import. Turkey (X tons) ranks next in terms of the total imports with a 5% share, followed by Tunisia (4.8%) and Kuwait (4.7%). Oman (X tons), Morocco (X tons), Djibouti (X tons), Yemen (X tons) and Libya (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Djibouti (with a CAGR of +12.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Israel ($X) and Iran ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 55% share of total imports. Iraq, Turkey, Morocco, Kuwait, Tunisia, Oman, Djibouti, Yemen and Libya lagged somewhat behind, together comprising a further 41%.

In terms of the main importing countries, Djibouti, with a CAGR of +22.7%, saw 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 MENA amounted to $X per ton, increasing by 68% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stamp and photo collection album import price increased by +86.8% against 2019 indices. As a result, import 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 importing countries. In 2022, 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 Djibouti (+9.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform