MENA: Cellulose Pulp Machinery Market 2024

Cellulose Pulp Machinery Market Size in MENA

The MENA's cellulose pulp machinery market declined notably to $X in 2022, shrinking by -31.3% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Cellulose Pulp Machinery Production in MENA

In value terms, cellulose pulp machinery production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, saw a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of 116%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Cellulose Pulp Machinery Exports

Exports in MENA

Cellulose pulp machinery exports shrank markedly to X units in 2022, which is down by -16.7% on 2021 figures. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cellulose pulp machinery exports soared to $X in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 63%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates represented the largest exporting country with an export of around X units, which amounted to 60% of total exports. Iran (X units) held a 20% share (based on physical terms) of total exports, which put it in second place, followed by Jordan (20%).

From 2012 to 2022, average annual rates of growth with regard to cellulose pulp machinery exports from the United Arab Emirates stood at -8.1%. Iran experienced a relatively flat trend pattern. Jordan (-17.7%) illustrated a downward trend over the same period. The United Arab Emirates (+28 p.p.) and Iran (+20 p.p.) significantly strengthened its position in terms of the total exports, while Jordan saw its share reduced by -11.8% from 2012 to 2022, respectively.

In value terms, the largest cellulose pulp machinery supplying countries in MENA were Jordan ($X), the United Arab Emirates ($X) and Iran ($X), with a combined 38% share of total exports.

Iran, with a CAGR of +27.7%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, picking up by 79% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per unit in 2019; however, from 2020 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 Jordan ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+123.4%), while the other leaders experienced a decline in the export price figures.

Cellulose Pulp Machinery Imports

Imports in MENA

In 2022, the amount of machinery for making pulp of fibrous cellulosic material imported in MENA fell remarkably to X units, with a decrease of -16.3% compared with the previous year's figure. Over the period under review, imports, however, showed a moderate expansion. The pace of growth was the most pronounced in 2013 with an increase of 1,122%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, cellulose pulp machinery imports fell sharply to $X in 2022. Overall, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 213%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey was the largest importer of machinery for making pulp of fibrous cellulosic material in MENA, with the volume of imports recording X units, which was approx. 43% of total imports in 2022. Qatar (X units) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Iran (9%), Jordan (7.7%), the United Arab Emirates (7.7%), Syrian Arab Republic (6.3%) and Egypt (5%).

Imports into Turkey decreased at an average annual rate of -1.7% from 2012 to 2022. At the same time, Syrian Arab Republic (+30.2%), the United Arab Emirates (+18.9%), Iran (+9.6%) and Jordan (+7.8%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in MENA, with a CAGR of +30.2% from 2012-2022. By contrast, Egypt (-1.7%) and Qatar (-38.6%) illustrated a downward trend over the same period. Qatar (+11 p.p.), the United Arab Emirates (+6 p.p.), Syrian Arab Republic (+5.8 p.p.), Iran (+4.5 p.p.) and Jordan (+3.1 p.p.) significantly strengthened its position in terms of the total imports, while Egypt and Turkey saw its share reduced by -2.5% and -22% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported machinery for making pulp of fibrous cellulosic material in MENA, comprising 36% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 9.1% share of total imports. It was followed by Jordan, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at -9.6%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+27.4% per year) and Jordan (+21.2% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, falling by -27.8% against the previous year. In general, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the import price increased by 933% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+84.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform