Wrapping Papers Market Overview in Qatar
In value terms, wrapping papers production amounted to $ in estimated in export prices. Over the period under review, production showed a significant contraction. The pace of growth appeared the most rapid in 2009 with an increase of % y-o-y. Over the period under review, production reached the maximum level at $ in 2011; however, from 2012 to , production remained at a lower figure.
The value of the wrapping papers market in Qatar reduced remarkably to $ in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption remained at a lower figure.