GCC: Newspaper Market 2024

Newspaper Market Size in GCC

The GCC newspaper market fell modestly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption saw a pronounced curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Newspaper Production in GCC

In value terms, newspaper production shrank to $X in 2022 estimated in export price. In general, production recorded a noticeable setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Newspaper Exports

Exports in GCC

In 2022, shipments abroad of newspapers, journals and periodicals increased by X% to X units, rising for the second consecutive year after four years of decline. In general, exports continue to indicate a measured expansion. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, newspaper exports contracted rapidly to $X in 2022. Overall, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Kuwait was the major exporter of newspapers, journals and periodicals in GCC, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units) and Saudi Arabia (X units), together generating a X% share of total exports. The following exporters - Qatar (X units) and Oman (X units) - each finished at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to newspaper exports from Kuwait stood at X%. At the same time, Qatar (X%) and Oman (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Kuwait (X p.p.) and Qatar (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest newspaper supplying countries in GCC were the United Arab Emirates ($X), Oman ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Oman, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, waning by X% against the previous year. Overall, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced a decline in the export price figures.

Newspaper Imports

Imports in GCC

In 2022, supplies from abroad of newspapers, journals and periodicals increased by X% to X units, rising for the second consecutive year after seven years of decline. Over the period under review, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, newspaper imports reduced rapidly to $X in 2022. Overall, imports, however, faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, finishing at X units, which was near X% of total imports in 2022. It was distantly followed by Qatar (X units), constituting a X% share of total imports. Kuwait (X units), Bahrain (X units) and Oman (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the newspapers, journals and periodicals imports, with a CAGR of X% from 2012 to 2022. Qatar (X%), Bahrain (X%), Oman (X%) and Kuwait (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates and Kuwait increased by X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported newspapers, journals and periodicals in GCC, comprising X% of total imports. The second position in the ranking was held by Bahrain ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Bahrain (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price, however, showed temperate growth. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2021, and then dropped rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($X per unit), while Oman ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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