Saudi Arabia: Uncoated Kraft Liner Market 2024

Uncoated Kraft Liner Market Size in Saudi Arabia

The Saudi uncoated kraft liner market stood at $X in 2021, growing by 7.2% against the previous year. In general, consumption, however, recorded a buoyant expansion. Uncoated kraft liner consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Uncoated Kraft Liner Production in Saudi Arabia

In value terms, uncoated kraft liner production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 475%. Uncoated kraft liner production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Uncoated Kraft Liner Exports

Exports from Saudi Arabia

In 2021, overseas shipments of uncoated kraft liner were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, recorded a abrupt shrinkage. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, uncoated kraft liner exports soared to $X in 2021. Over the period under review, exports, however, saw a drastic downturn. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Jordan (X tons), Egypt (X tons) and Spain (X tons) were the main destinations of uncoated kraft liner exports from Saudi Arabia, together accounting for 41% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of +57.3%), while the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), Egypt ($X) and Spain ($X) were the largest markets for uncoated kraft liner exported from Saudi Arabia worldwide, with a combined 42% share of total exports. The Philippines, Greece, Cyprus, Oman, Italy, Sri Lanka, Lebanon, the United Arab Emirates, Kenya and Nicaragua lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Cyprus, with a CAGR of +46.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average uncoated kraft liner export price stood at $X per ton in 2021, picking up by 48% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Uncoated Kraft Liner Imports

Imports into Saudi Arabia

In 2021, approx. X tons of uncoated kraft liner were imported into Saudi Arabia; reducing by -41.2% compared with the previous year. Overall, imports faced a drastic downturn. The growth pace was the most rapid in 2015 with an increase of 11%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, uncoated kraft liner imports dropped rapidly to $X in 2021. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 23% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of uncoated kraft liner imports to Saudi Arabia, with a combined 47% share of total imports. Spain, India, France, Thailand, South Africa, Sweden, Brazil, Finland, Indonesia and Russia lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +86.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest uncoated kraft liner suppliers to Saudi Arabia were Germany ($X), the United States ($X) and Italy ($X), together accounting for 45% of total imports. India, Spain, France, Thailand, Sweden, Brazil, South Africa, Indonesia, Russia and Finland lagged somewhat behind, together comprising a further 46%.

India, with a CAGR of +100.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average uncoated kraft liner import price stood at $X per ton in 2021, surging by 35% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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