Middle East: Newspaper Market 2024

Newspaper Market Size in the Middle East

The Middle Eastern newspaper market totaled $X in 2022, almost unchanged from the previous year. Overall, consumption, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2020 with an increase of 3.2%. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Newspaper Production in the Middle East

In value terms, newspaper production stood at $X in 2022 estimated in export price. In general, production, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2013 with an increase of 6.5%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Newspaper Exports

Exports in the Middle East

In 2022, shipments abroad of newspapers, journals and periodicals increased by 7% to X units, rising for the second consecutive year after four years of decline. In general, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, newspaper exports dropped modestly to $X in 2022. Overall, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 17%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Oman represented the major exporting country with an export of around X units, which reached 49% of total exports. The United Arab Emirates (X units) took the second position in the ranking, distantly followed by Saudi Arabia (X units), Israel (X units) and Turkey (X units). All these countries together held near 46% share of total exports. Kuwait (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Oman (with a CAGR of +35.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Oman ($X) remains the largest newspaper supplier in the Middle East, comprising 54% of total exports. The second position in the ranking was held by Israel ($X), with a 16% share of total exports. It was followed by the United Arab Emirates, with a 10% share.

From 2012 to 2022, the average annual growth rate of value in Oman amounted to +38.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (+3.4% per year) and the United Arab Emirates (-19.1% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, which is down by -6.7% against the previous year. Overall, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 an increase of 18%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, 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 Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+7.0%), while the other leaders experienced more modest paces of growth.

Newspaper Imports

Imports in the Middle East

In 2022, after eight years of decline, there was significant growth in overseas purchases of newspapers, journals and periodicals, when their volume increased by 11% to X units. In general, imports, however, faced a abrupt curtailment. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, newspaper imports reduced to $X in 2022. Overall, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the main importer of newspapers, journals and periodicals in the Middle East, with the volume of imports accounting for X units, which was near 56% of total imports in 2022. Yemen (X units) held the second position in the ranking, followed by Israel (X units) and Lebanon (X units). All these countries together held approx. 29% share of total imports. The following importers - Turkey (X units), Bahrain (X units) and Palestine (X units) - together made up 9.3% of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of -11.2% from 2012 to 2022. At the same time, Yemen (+2.7%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +2.7% from 2012-2022. By contrast, Israel (-11.0%), Lebanon (-18.5%), Bahrain (-20.3%), Palestine (-24.1%) and Turkey (-25.5%) illustrated a downward trend over the same period. The United Arab Emirates (+22 p.p.), Yemen (+10 p.p.) and Israel (+4.5 p.p.) significantly strengthened its position in terms of the total imports, while Lebanon, Bahrain, Palestine and Turkey saw its share reduced by -2.7%, -2.8%, -3.4% and -10.7% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported newspapers, journals and periodicals in the Middle East, comprising 65% of total imports. The second position in the ranking was taken by Israel ($X), with an 11% share of total imports. It was followed by Turkey, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled -4.6%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (-11.7% per year) and Turkey (-23.3% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, shrinking by -15.9% against the previous year. Import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, newspaper import price increased by +33.3% against 2016 indices. The growth pace was the most rapid in 2020 an increase of 22% against the previous year. The level of import peaked at $X per unit in 2021, and then contracted sharply in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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