MENA: Fibreboard Market 2025

Fibreboard Market Size in MENA

In 2022, the MENA's fibreboard market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Fibreboard Production in MENA

In value terms, fibreboard production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Fibreboard Exports

Exports in MENA

In 2022, overseas shipments of fibreboard decreased by X% to X cubic meters for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2021, and then reduced in the following year.

In value terms, fibreboard exports soared to $X in 2022. Overall, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Turkey prevails in exports structure, amounting to X cubic meters, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X cubic meters), mixing up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to fibreboard exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the United Arab Emirates and Turkey increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%.

Export Prices by Country

The export price in MENA stood at $X per cubic meter in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per cubic meter), while the United Arab Emirates amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Fibreboard Imports

Imports in MENA

In 2022, the amount of fibreboard imported in MENA reduced rapidly to X cubic meters, which is down by X% against the previous year's figure. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X cubic meters, and then dropped rapidly in the following year.

In value terms, fibreboard imports fell to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Saudi Arabia (X cubic meters) and the United Arab Emirates (X cubic meters) were the main importers of fibreboard in 2022, recording approx. X% and X% of total imports, respectively. It was distantly followed by Iraq (X cubic meters), Algeria (X cubic meters), Iran (X cubic meters), Syrian Arab Republic (X cubic meters), Egypt (X cubic meters), Morocco (X cubic meters) and Tunisia (X cubic meters), together making up a X% share of total imports. Turkey (X cubic meters), Israel (X cubic meters), Oman (X cubic meters) and Lebanon (X cubic meters) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fibreboard importing markets in MENA were the United Arab Emirates ($X), Egypt ($X) and Saudi Arabia ($X), with a combined X% share of total imports. Morocco, Israel, Iraq, Algeria, Tunisia, Turkey, Iran, Syrian Arab Republic, Oman and Lebanon lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Morocco, with a CAGR of X%, recorded 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

The import price in MENA stood at $X per cubic meter in 2022, increasing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Egypt ($X per cubic meter), while Syrian Arab Republic ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform