Middle East: Office Supply Market 2024

Office Supply Market Size in the Middle East

After three years of decline, the Middle Eastern office supply market increased by 3.8% to $X in 2022. The total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 -43.7% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Office Supply Production in the Middle East

In value terms, office supply production contracted rapidly to $X in 2022 estimated in export price. In general, production posted buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 74%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Office Supply Exports

Exports in the Middle East

In 2022, office supply exports in the Middle East dropped to X tons, waning by -10.6% on the year before. In general, exports saw a perceptible reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 25% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, office supply exports reduced to $X in 2022. Overall, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey represented the key exporter of office or school supplies of plastics in the Middle East, with the volume of exports finishing at X tons, which was near 75% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), constituting a 17% share of total exports. Oman (X tons) followed a long way behind the leaders.

Exports from Turkey decreased at an average annual rate of -1.3% from 2012 to 2022. At the same time, Oman (+14.7%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +14.7% from 2012-2022. By contrast, the United Arab Emirates (-7.2%) illustrated a downward trend over the same period. Turkey (+13 p.p.) and Oman (+3.4 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -9.1% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest office supply supplier in the Middle East, comprising 78% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 13% share of total exports.

In Turkey, office supply exports shrank by an average annual rate of -1.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (-5.3% per year) and Oman (+9.4% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, surging by 1.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 13%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Oman ($X per ton) 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 (+2.1%), while the other leaders experienced a decline in the export price figures.

Office Supply Imports

Imports in the Middle East

For the third year in a row, the Middle East recorded decline in supplies from abroad of office or school supplies of plastics, which decreased by -16.6% to X tons in 2022. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of 20% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, office supply imports fell to $X in 2022. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2013 when imports increased by 29% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by Iraq (X tons), Qatar (X tons), Oman (X tons), Israel (X tons) and Kuwait (X tons) were the major importers of office or school supplies of plastics, together generating 77% of total imports. Bahrain (X tons), Iran (X tons), Yemen (X tons), Turkey (X tons), Syrian Arab Republic (X tons) and Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +4.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Israel ($X) and Iraq ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 52% of total imports. Qatar, Kuwait, Oman, Turkey, Iran, Yemen, Bahrain, Jordan and Syrian Arab Republic lagged somewhat behind, together accounting for a further 45%.

Among the main importing countries, Syrian Arab Republic, with a CAGR of +6.2%, 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 the Middle East stood at $X per ton in 2022, picking up by 7.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the import price increased by 10%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+8.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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