United Arab Emirates: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in the United Arab Emirates

In 2022, the paper and paperboard market in the United Arab Emirates increased by 165% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption showed a prominent expansion. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Paper And Paperboard Exports

Exports from the United Arab Emirates

In 2022, paper and paperboard exports from the United Arab Emirates reduced sharply to X tons, falling by -60.8% on 2021. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 206%. The exports peaked at X tons in 2021, and then reduced rapidly in the following year.

In value terms, paper and paperboard exports declined significantly to $X in 2022. Over the period under review, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 132% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons), Jordan (X tons) and Burundi (X tons) were the main destinations of paper and paperboard exports from the United Arab Emirates, together accounting for 98% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burundi (with a CAGR of +112.0%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for paper and paperboard (creped, crinkled, embossed or perforated) exports from the United Arab Emirates, comprising 74% of total exports. The second position in the ranking was held by Jordan ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value to India stood at +79.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+5.5% per year) and Burundi (+104.8% per year).

Export Prices by Country

The average paper and paperboard export price stood at $X per ton in 2022, picking up by 61% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+348.3%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into the United Arab Emirates

Paper and paperboard imports into the United Arab Emirates surged to X tons in 2022, with an increase of 38% compared with the previous year. Overall, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 186% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, paper and paperboard imports surged to $X in 2022. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by 203%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Switzerland (X tons), India (X tons) and Italy (X tons) were the main suppliers of paper and paperboard imports to the United Arab Emirates, with a combined 58% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +60.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper and paperboard suppliers to the United Arab Emirates were Switzerland ($X), Italy ($X) and India ($X), together accounting for 42% of total imports. China, the United States, Germany, the UK and Greece lagged somewhat behind, together accounting for a further 23%.

In terms of the main suppliers, the United States, with a CAGR of +60.6%, saw 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

The average paper and paperboard import price stood at $X per ton in 2022, with an increase of 22% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard import price decreased by -8.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 26%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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