United Arab Emirates: Envelope Market 2024

Envelope Market Size in the United Arab Emirates

The envelope market in the United Arab Emirates surged to $X in 2021, picking up by 29% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.0% 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 -1.6% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Envelope Production in the United Arab Emirates

In value terms, envelope production amounted to $X in 2021 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -27.3% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 48% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Envelope Exports

Exports from the United Arab Emirates

In 2021, the amount of envelopes exported from the United Arab Emirates reduced to X tons, dropping by -14.5% against the previous year. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 40% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, envelope exports declined to $X in 2021. In general, exports saw a perceptible reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 51%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for envelope exports from the United Arab Emirates, accounting for a 38% share of total exports. Moreover, envelope exports to Saudi Arabia exceeded the volume sent to the second major destination, Oman (X tons), threefold. The third position in this ranking was held by Kuwait (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia totaled -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-3.9% per year) and Kuwait (-3.9% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for envelopes exports from the United Arab Emirates, comprising 41% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 14% share of total exports. It was followed by Oman, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia amounted to -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-0.5% per year) and Oman (-4.1% per year).

Export Prices by Country

In 2021, the average envelope export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2020 an increase of 62%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Congo ($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 Jordan (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Envelope Imports

Imports into the United Arab Emirates

In 2021, approx. X tons of envelopes were imported into the United Arab Emirates; with an increase of 118% against the year before. Overall, imports, however, saw a abrupt downturn. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, envelope imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible descent. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest envelope supplier to the United Arab Emirates, with a 32% share of total imports. Moreover, envelope imports from India exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Turkey (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from India totaled +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-14.4% per year) and Turkey (+109.1% per year).

In value terms, India ($X), Spain ($X) and China ($X) appeared to be the largest envelope suppliers to the United Arab Emirates, together accounting for 42% of total imports. These countries were followed by Turkey, Poland, Indonesia and Malaysia, which together accounted for a further 13%.

In terms of the main suppliers, Turkey, with a CAGR of +110.8%, recorded the highest rates of growth with regard to 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

In 2021, the average envelope import price amounted to $X per ton, almost unchanged from the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2018 an increase of 29%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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