Fastmarkets RISI Viewpoint: Musical chairs – MENA containerboard trade outlook during economic downturns

By Abdulla Zaid, Economist, Fastmarkets RISI

The Middle East and North Africa (MENA) region has struggled with prolonged volatility in the paper packaging market, driven by factors related to market structure, integration level and the trade environment. While the above factors significantly contribute to the stability of the paper industry, trade remains an important piece of the story. Imports fulfilled about 44% of aggregate demand between 2008 and 2018, or about 18 million tonnes. The lion's share of imports, nearly 67% of the total tonnage, came from Europe. In 2009, imports accounted for 50% of containerboard demand, but this ratio slowly ...

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