United Arab Emirates: Semi-Chemical Fluting Market 2024

Semi-Chemical Fluting Market Size in the United Arab Emirates

In 2021, after two years of decline, there was significant growth in the semi-chemical fluting market in the United Arab Emirates, when its value increased by 15% to $X. Over the period under review, consumption showed a relatively flat trend pattern. Semi-chemical fluting consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Semi-Chemical Fluting Production in the United Arab Emirates

In value terms, semi-chemical fluting production expanded rapidly to $X in 2021 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.7% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 72% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Semi-Chemical Fluting Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of semi-chemical fluting decreased by -16.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 130%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, semi-chemical fluting exports soared to $X in 2021. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by 160% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Guatemala (X tons) was the main destination for semi-chemical fluting exports from the United Arab Emirates, with a 40% share of total exports. Moreover, semi-chemical fluting exports to Guatemala exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. Australia (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Guatemala amounted to +38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-1.6% per year) and Australia (-7.4% per year).

In value terms, Guatemala ($X) emerged as the key foreign market for semi-chemical fluting exports from the United Arab Emirates, comprising 43% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 12% share of total exports. It was followed by Ethiopia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Guatemala totaled +42.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-0.5% per year) and Ethiopia (+12.6% per year).

Export Prices by Country

In 2021, the average semi-chemical fluting export price amounted to $X per ton, surging by 48% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Cambodia ($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 Nigeria (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.

Semi-Chemical Fluting Imports

Imports into the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded decline in supplies from abroad of semi-chemical fluting, which decreased by -33.8% to X tons in 2021. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2013 when imports increased by 76% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, semi-chemical fluting imports dropped remarkably to $X in 2021. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 78%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Finland (X tons), Sweden (X tons) and Saudi Arabia (X tons) were the main suppliers of semi-chemical fluting imports to the United Arab Emirates, with a combined 56% share of total imports. India, Indonesia, China, Romania and South Africa lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +17.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest semi-chemical fluting suppliers to the United Arab Emirates were Sweden ($X), Finland ($X) and Saudi Arabia ($X), with a combined 62% share of total imports. These countries were followed by China, India, Romania, Indonesia and South Africa, which together accounted for a further 38%.

Romania, with a CAGR of +30.0%, saw the highest rates of growth with regard to the value of imports, in terms of 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 semi-chemical fluting import price stood at $X per ton in 2021, growing by 24% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.6%. 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 2021, the country with the highest price was Sweden ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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