United Arab Emirates: Market for Packing Cases, Boxes And Similar Packings 2024

Market Size for Packing Cases, Boxes And Similar Packings in the United Arab Emirates

In 2022, the wooden case and box market in the United Arab Emirates decreased by X% to $X, falling for the second year in a row after six years of growth. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Packing Cases, Boxes And Similar Packings in the United Arab Emirates

In value terms, wooden case and box production expanded to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Wooden case and box production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Packing Cases, Boxes And Similar Packings

Exports from the United Arab Emirates

In 2022, approx. X units of packing cases, boxes and similar packings were exported from the United Arab Emirates; increasing by X% against the year before. In general, exports posted prominent growth. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wooden case and box exports surged to $X in 2022. Overall, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Oman (X units) was the main destination for wooden case and box exports from the United Arab Emirates, with a X% share of total exports. Moreover, wooden case and box exports to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and China (X,340.0% per year).

In value terms, Oman ($X) remains the key foreign market for packing cases, boxes and similar packings exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Oman totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X,468.3% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average wooden case and box export price amounted to $X per unit, approximately reflecting the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price 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, wooden case and box export price increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Packing Cases, Boxes And Similar Packings

Imports into the United Arab Emirates

For the fourth year in a row, the United Arab Emirates recorded decline in supplies from abroad of packing cases, boxes and similar packings, which decreased by X% to X units in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, wooden case and box imports surged to $X in 2022. Over the period under review, total imports indicated a buoyant increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), South Korea (X units) and Germany (X units) were the main suppliers of wooden case and box imports to the United Arab Emirates, with a combined X% share of total imports. Bahrain, Saudi Arabia, the United States, Oman, Latvia, the Czech Republic, Poland, India and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of packing cases, boxes and similar packings to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

Import Prices by Country

The average wooden case and box import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. 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 supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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