MENA: Paper File Cover Market 2024

Paper File Cover Market Size in MENA

The MENA's paper file cover market contracted slightly to $X in 2022, which is down by -4.3% against the previous year. Overall, consumption saw a mild shrinkage. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Paper File Cover Production in MENA

In value terms, paper file cover production reduced to $X in 2022 estimated in export price. Overall, production saw a notable increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 63% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Paper File Cover Exports

Exports in MENA

For the fifth consecutive year, MENA recorded growth in overseas shipments of paper binders, folders and file covers, which increased by 3% to X tons in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its volume 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, exports increased by +30.1% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, paper file cover exports rose remarkably to $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +88.0% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of 46%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Turkey (X tons) and Tunisia (X tons) prevails in exports structure, together constituting 93% of total exports. The United Arab Emirates (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +9.9%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest paper file cover supplying countries in MENA were Tunisia ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined 96% share of total exports.

Among the main exporting countries, Turkey, with a CAGR of +8.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, growing by 9.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by 25% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while Turkey ($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 (+4.0%), while the other leaders experienced a decline in the export price figures.

Paper File Cover Imports

Imports in MENA

Paper file cover imports dropped to X tons in 2022, reducing by -6.6% compared with 2021. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 14%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, paper file cover imports reduced to $X in 2022. Overall, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) and Saudi Arabia (X tons) represented the largest importers of paper binders, folders and file covers in MENA, together generating 49% of total imports. Israel (X tons) ranks next in terms of the total imports with a 9.6% share, followed by Iraq (8.3%), Qatar (5.6%), Yemen (5.3%) and Kuwait (5.2%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Israel (with a CAGR of +19.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Israel ($X) constituted the countries with the highest levels of imports in 2022, with a combined 57% share of total imports.

In terms of the main importing countries, Israel, with a CAGR of +20.0%, 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

In 2022, the import price in MENA amounted to $X per ton, dropping by -3.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 15%. As a result, import price attained the peak level of $X per ton, and then reduced modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform