MENA: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in MENA

In 2021, the MENA's non-cellular polyethylene film market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption showed prominent growth. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in years to come.

Non-Cellular Polyethylene Film Production in MENA

In value terms, non-cellular polyethylene film production surged to $X in 2021 estimated in export price. Overall, production posted a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 77% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Non-Cellular Polyethylene Film Exports

Exports in MENA

In 2021, the amount of non-cellular polyethylene films, sheets, foil and strip exported in MENA soared to X tons, growing by 21% against the year before. Over the period under review, exports saw strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 25% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, non-cellular polyethylene film exports soared to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +40.0% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons) and Saudi Arabia (X tons) dominates exports structure, together constituting 73% of total exports. Israel (X tons) held an 8.4% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (6.1%). The United Arab Emirates (X tons), Iran (X tons) and Egypt (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +41.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest non-cellular polyethylene film supplier in MENA, comprising 48% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 23% share of total exports. It was followed by Israel, with a 12% share.

In Turkey, non-cellular polyethylene film exports expanded at an average annual rate of +12.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Saudi Arabia (+11.4% per year) and Israel (+3.2% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, with an increase of 21% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+0.9%), while the other leaders experienced more modest paces of growth.

Non-Cellular Polyethylene Film Imports

Imports in MENA

In 2021, after two years of decline, there was significant growth in supplies from abroad of non-cellular polyethylene films, sheets, foil and strip, when their volume increased by 13% to X tons. Total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 15% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, non-cellular polyethylene film imports surged to $X in 2021. The total import value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons), distantly followed by Morocco (X tons), the United Arab Emirates (X tons), Israel (X tons), Algeria (X tons) and Saudi Arabia (X tons) were the key importers of non-cellular polyethylene films, sheets, foil and strip, together comprising 73% of total imports. Iraq (X tons), Tunisia (X tons), Oman (X tons), Libya (X tons), Kuwait (X tons), Iran (X tons) and Jordan (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +11.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported non-cellular polyethylene films, sheets, foil and strip in MENA, comprising 25% of total imports. The second position in the ranking was taken by Morocco ($X), with a 12% share of total imports. It was followed by the United Arab Emirates, with a 9.6% share.

In Turkey, non-cellular polyethylene film imports expanded at an average annual rate of +4.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Morocco (+8.8% per year) and the United Arab Emirates (+8.0% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, growing by 15% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Iran ($X per ton), while Libya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform