Middle East: Filter Paper Market 2024

Filter Paper Market Size in the Middle East

In 2021, the Middle Eastern filter paper market increased by 1.3% to $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -19.8% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Filter Paper Production in the Middle East

In value terms, filter paper production contracted modestly to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by +0.6% against 2019 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 22% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Filter Paper Exports

Exports in the Middle East

In 2021, overseas shipments of filter paper and paperboard cut to shape decreased by -7.8% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 81%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, filter paper exports reduced to $X in 2021. Overall, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by 121%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) represented the largest exporters of filter paper and paperboard cut to shape in 2021, finishing at approx. 40% and 28% of total exports, respectively. Turkey (X tons) ranks next in terms of the total exports with a 16% share, followed by Israel (13%).

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +41.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest filter paper supplying countries in the Middle East were the United Arab Emirates ($X), Saudi Arabia ($X) and Israel ($X), together comprising 81% of total exports.

In terms of the main exporting countries, Saudi Arabia, with a CAGR of +58.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, with an increase of 2.2% against the previous year. Overall, the export price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the export price increased by 22% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($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 (+12.6%), while the other leaders experienced a decline in the export price figures.

Filter Paper Imports

Imports in the Middle East

In 2021, supplies from abroad of filter paper and paperboard cut to shape decreased by -2.5% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, imports saw a mild slump. The growth pace was the most rapid in 2013 when imports increased by 25%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, filter paper imports reached $X in 2021. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 55%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) and Turkey (X tons) represented the main importers of filter paper and paperboard cut to shape in the Middle East, together generating 63% of total imports. Iran (X tons) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Saudi Arabia (13%). The following importers - Yemen (X tons), Oman (X tons) and Israel (X tons) - each reached a 5.4% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Yemen (with a CAGR of +9.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest filter paper importing markets in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X), together comprising 78% of total imports. These countries were followed by Iran, Yemen, Israel and Oman, which together accounted for a further 16%.

Yemen, with a CAGR of +8.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 the Middle East stood at $X per ton in 2021, picking up by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2013 an increase of 24%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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