Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai packaging thrives on F&B trade  Join our daily free Newsletter

MENAFN - Khaleej Times - 12/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Dubai?s flourishing food and beverage sector and significance as an exports and re-exports hub have helped the local packaging industry grow and expand to strategic foreign markets show recent trade trends highlighted by dubai exports.

dubai’s total foreign trade in packaging was around dh6 billion in 2013 of which dh2.5 billion was exports while re-exports accounted for half a billion dirhams. since half of all packaging is used for food and a further 18 per cent for beverages growth in the packaging industry is directly linked to the food & beverage trade.

mohammad ali kamali director of export markets development in dubai exports stated: “it is natural for the uae to have a large packaging sector bearing in mind it has a strong food and beverage industry that is growing. we have actively promoted our food and beverage sector in global markets because it also supports allied industries such as packaging.”

dubai exports is concentrating on packaging at a time when the global packaging market is valued at 800 billion (dh2.936 trillion) and growing at three per cent in real terms driven mainly by hygiene concerns increasing urbanisation and move towards convenience foods. together the foods healthcare cosmetics sectors worldwide consume 79 per cent of the packaging products.

“the key export markets for plastic packaging from dubai was gcc countries chiefly oman and bahrain which together imported dh132 million worth of packaging. the major markets for sheets & films were europe and usa. germany and usa imported dh330 million worth of sheets and films from dubai” kamali said. the bulk of sales of packaging are concentrated in asia which accounted for 36 per cent of the total in value followed by north america and western europe with shares of 23 per cent and 22 per cent respectively. eastern europe (six per cent) and south and central america (five per cent) are the other leading consumers while the middle east represents three per cent of the global demand and africa and australasia each hold a two per cent share.

kamali added that dubai exports recently took around eight local firms to interpack 2014 exhibition held in germany to help them connect to potential markets and learn about the latest innovations in packaging. the exhibition held in 19 halls of the düsseldorf exhibition centre had 2700 exhibitors and attracted 175000 visitors and the dubai firms participating were able to attract 188 international leads.

— business?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Oct 31 2014 - Saudi Arabia's Sedco Capital eyes $300m Europe real estate dealThe Peninsula
(MENAFN - The Peninsula)  Jeddah-based Islamic investment firm Sedco Capital plans to arrange a club investment of up to $300 million in European real estate, and will soon distribute its Luxembourg ...

 Oct 31 2014 - Qatar Exchange index falls on heavy sell-offThe Peninsula
(MENAFN - The Peninsula)  Qatari stocks plunged on heavy profit-taking yesterday, a day after Federal Reserve announced its decision to wound up its over five-year-long quantitative easing stimulus ...

 Oct 31 2014 - Kuwait prioritizes protection of human rights - EnvoyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  The State of Kuwait on Thursday reaffirmed respect for human rights out of belief in their crucial role in the achievement of sustainable development.The Kuwaiti ...

 Oct 31 2014 - Kuwait welcomes Sweden's recognition of Palestinian statehoodKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  Kuwait welcomes Sweden's decision to recognize Palestine as an independent state, a senior Foreign Ministry source said on Thursday.The decision comes in line ...

 Oct 31 2014 - Ban condemns Sudan hostilitiesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  UN Secretary General Ban Ki-moon strongly condemned the resumption of hostilities between the Sudan People's Liberation Army (SPLA) and Opposition forces in ...

 Oct 31 2014 - US, Israeli officials discuss ISIL, IranKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  Senior US officials working on the Obama Administration's counterterrorism strategy met with their Israeli counterparts on Thursday for the semi-annual meeting ...

 Oct 31 2014 - Kuwaiti Speaker condemns Israeli closing of Aqsa MosqueKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  We condemn the unjustly Israeli act of closing the Holy Aqsa Mosque in the face of worshippers, Kuwait's National Assembly Speaker and Chairman of the Arab ...

 Oct 31 2014 - S. Korean Pres. calls for more economic ties with Saudi ArabiaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  South Korean President Park Geun-hye on Friday called for expanding economic ties with Saudi Arabia, saying the two countries should seek exchanges in new areas ...

 Oct 31 2014 - EU condemns ISIL atrocities in IraqKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  The EU Friday expressed condolences to the families of the tribesmen who were killed in recent ISIL atrocities in the Anbar province, as well as to the families ...

 Oct 31 2014 - OPEC basket price down by 45 cents to USD 82.79 pbKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))   OPEC daily basket price stood at USD 82.79 a barrel Thursday compared with USD 83.24 the previous day, the cartel said on Friday.The annual rate of the OPEC ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help