Middle East: Paper Bag Market 2024

Paper Bag Market Size in the Middle East

The Middle Eastern paper bag market rose significantly to $X in 2021, picking up by 12% against the previous year. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.2% 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 -14.4% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Paper Bag Production in the Middle East

In value terms, paper bag production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production recorded a resilient increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 63%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Paper Bag Exports

Exports in the Middle East

In 2021, approx. X tons of sacks and bags of paper were exported in the Middle East; rising by 76% compared with 2020 figures. Overall, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper bag exports skyrocketed to $X in 2021. In general, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, accounting for X tons, which was approx. 81% of total exports in 2021. Saudi Arabia (X tons) took the second position in the ranking, followed by the United Arab Emirates (X tons). All these countries together held approx. 11% share of total exports. The following exporters - Oman (X tons) and Kuwait (X tons) - each recorded a 3.7% share of total exports.

Turkey was also the fastest-growing in terms of the sacks and bags of paper exports, with a CAGR of +18.5% from 2012 to 2021. At the same time, Oman (+6.3%) displayed positive paces of growth. By contrast, the United Arab Emirates (-2.0%), Kuwait (-2.4%) and Saudi Arabia (-10.8%) illustrated a downward trend over the same period. Turkey (+48 p.p.) significantly strengthened its position in terms of the total exports, while Kuwait, the United Arab Emirates and Saudi Arabia saw its share reduced by -2.2%, -6.1% and -27.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest paper bag supplier in the Middle East, comprising 78% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 10% share of total exports. It was followed by the United Arab Emirates, with a 4.8% share.

In Turkey, paper bag exports increased at an average annual rate of +19.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Saudi Arabia (-8.2% per year) and the United Arab Emirates (+1.4% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+5.1%), while the other leaders experienced more modest paces of growth.

Paper Bag Imports

Imports in the Middle East

In 2021, purchases abroad of sacks and bags of paper increased by 25% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper bag imports soared to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Iraq represented the main importing country with an import of around X tons, which accounted for 32% of total imports. The United Arab Emirates (X tons) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Saudi Arabia (9.7%), Israel (8.2%), Turkey (6.9%), Oman (5.5%) and Kuwait (4.6%).

Imports into Iraq increased at an average annual rate of +9.8% from 2012 to 2021. At the same time, Israel (+12.5%), Oman (+2.3%), Turkey (+2.3%) and Kuwait (+1.2%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +12.5% from 2012-2021. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-4.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Iraq and Israel increased by +16 and +4.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Iraq ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 53% of total imports.

Iraq, with a CAGR of +12.4%, saw the highest rates of growth with regard to the value of imports, among 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, rising by 11% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Iraq ($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 (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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