MENA: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in MENA

The MENA's sack kraft paper market rose remarkably to $X in 2022, with an increase of 15% against the previous year. The market value increased at an average annual rate of +3.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Sack Kraft Paper Production in MENA

In value terms, sack kraft paper production dropped to $X in 2022 estimated in export price. Overall, production saw a strong expansion. The growth pace was the most rapid in 2019 when the production volume increased by 156%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Sack Kraft Paper Exports

Exports in MENA

In 2022, overseas shipments of sack kraft paper increased by 3.9% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sack kraft paper exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Turkey (X tons) was the main exporter of sack kraft paper, committing 72% of total exports. The United Arab Emirates (X tons) ranks second in terms of the total exports with a 20% share, followed by Tunisia (5.2%).

Turkey was also the fastest-growing in terms of the sack kraft paper exports, with a CAGR of -2.6% from 2012 to 2022. The United Arab Emirates (-3.8%) and Tunisia (-11.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey and the United Arab Emirates increased by +19 and +3.4 percentage points, respectively.

In value terms, Turkey ($X) remains the largest sack kraft paper supplier in MENA, comprising 81% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 13% share of total exports.

In Turkey, sack kraft paper exports increased at an average annual rate of +1.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-6.2% per year) and Tunisia (-8.6% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, rising by 37% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sack kraft paper export price increased by +61.7% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($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 (+4.6%), while the other leaders experienced mixed trends in the export price figures.

Sack Kraft Paper Imports

Imports in MENA

In 2022, overseas purchases of sack kraft paper increased by 2.9% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 14% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, sack kraft paper imports surged to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 32% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Turkey (X tons), Egypt (X tons), Algeria (X tons) and Morocco (X tons) represented roughly 68% of total imports in 2022. Iraq (X tons) ranks next in terms of the total imports with an 8% share, followed by the United Arab Emirates (5.9%) and Saudi Arabia (4.5%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Morocco (with a CAGR of +27.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sack kraft paper importing markets in MENA were Turkey ($X), Egypt ($X) and Morocco ($X), together accounting for 61% of total imports.

In terms of the main importing countries, Morocco, with a CAGR of +29.6%, 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

The import price in MENA stood at $X per ton in 2022, growing by 15% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 20% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 Morocco ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+1.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform