Middle East: Market for Finishing Agents Used In The Paper Industry 2024

Market Size for Finishing Agents Used In The Paper Industry in the Middle East

The Middle Eastern paper industry finishing agents market reduced slightly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Finishing Agents Used In The Paper Industry in the Middle East

In value terms, paper industry finishing agents production shrank to $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Finishing Agents Used In The Paper Industry

Exports in the Middle East

For the third year in a row, the Middle East recorded growth in overseas shipments of finishing agents used in the paper industry, which increased by X% to X tons in 2022. Overall, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper industry finishing agents exports soared to $X in 2022. Over the period under review, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons) represented roughly X% of total exports in 2022.

Turkey was also the fastest-growing in terms of the finishing agents used in the paper industry exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Turkey increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) also remains the largest paper industry finishing agents supplier in the Middle East.

In Turkey, paper industry finishing agents exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price showed a slight decrease. The growth pace was the most rapid in 2019 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Imports of Finishing Agents Used In The Paper Industry

Imports in the Middle East

In 2022, approx. X tons of finishing agents used in the paper industry were imported in the Middle East; flattening at the previous year. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, paper industry finishing agents imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons) and the United Arab Emirates (X tons) were the major importers of finishing agents used in the paper industry in 2022, resulting at near X% and X% of total imports, respectively. Saudi Arabia (X tons) took the next position in the ranking, followed by Iran (X tons) and Israel (X tons). All these countries together held approx. X% share of total imports. The following importers - Jordan (X tons) and Lebanon (X tons) - together made up X% of total imports.

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

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iran ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, the United Arab Emirates, with a CAGR of X%, saw 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 the Middle East amounted to $X per ton, growing by X% against the previous year. In general, the import price recorded a measured expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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