Middle East: Stamping Foil Market 2024

Stamping Foil Market Size in the Middle East

The Middle Eastern stamping foil market expanded markedly to $X in 2022, surging by X% against the previous year. The total consumption indicated buoyant 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, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Stamping Foil Production in the Middle East

In value terms, stamping foil production rose sharply to $X in 2022 estimated in export price. In general, production enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Stamping Foil Exports

Exports in the Middle East

Stamping foil exports skyrocketed to X tons in 2022, picking up by X% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, stamping foil exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the main exporter of stamping foils, generating X% of total exports. It was distantly followed by Turkey (X tons), creating a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the stamping foils exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points.

In value terms, the largest stamping foil supplying countries in the Middle East were the United Arab Emirates ($X) and Turkey ($X).

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a noticeable contraction. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Stamping Foil Imports

Imports in the Middle East

In 2022, approx. X tons of stamping foils were imported in the Middle East; with an increase of X% against 2021 figures. Total imports indicated a pronounced increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, stamping foil imports skyrocketed to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons) and the United Arab Emirates (X tons) dominates imports structure, together constituting X% of total imports. It was distantly followed by Iran (X tons), comprising a X% share of total imports. Israel (X tons) followed a long way behind the leaders.

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

In value terms, the largest stamping foil importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Iran ($X), together accounting for X% of total imports.

The United Arab Emirates, with a CAGR of X%, 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, waning by X% against the previous year. Overall, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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