Quotes: 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 secrs 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
 Jul 28 2016 - Syrian Pres. offers amnesty to those who lay down armsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) AMMAN, July 28 (KUNA) -- Syrian President granted amnesty for those who lay down their weapons and turn themselves in to the authorities, said a news source ...

 Jul 28 2016 - France to form forces to protect citizensKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) PARIS, July 28 (KUNA) -- French President Francois Hollande confirmed that a National Guard would be formed from existing reserve forces to better protect ...

 Jul 28 2016 - EU calls for pause in fighting in AleppoKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) BRUSSELS, July 28 (KUNA) -- The EU called Thursday for an immediate "humanitarian pause" in fighting in Aleppo in Syria to ensure medical evacuations and the ...

 Jul 28 2016 - PKK kills 2 Turkish policemen in Hakkari southeast regionKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) ISTANBUL, July 28, (KUNA) -- Two Turkish policemen were killed and 15 others were injured after a car bomb exploded in the southeast province of Hakkari, said a ...

 Jul 28 2016 - Syrian Pres. offers amnesty to those who lay down armsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) AMMAN, July 28 (KUNA) -- Syrian President granted amnesty for those who lay down their weapons and turn themselves in to the authorities, said a news source ...

 Jul 28 2016 - Kuwait- KSE ends Thursday trading with mix boardsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 28 (KUNA) -- The trading at Kuwait Stock Exchange (KSE) ended Thursday with the benchmark going down by 1.17 points, hitting 5,460.73 points. The ...

 Jul 28 2016 - Kuwait- KRCS launches food project for refugees in LebanonKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) BEIRUT, July 28 (KUNA) -- Kuwait Red Crescent Society (KRCS), in cooperation with the Lebanese Red Cross, launched Thursday the 13th campaign to provide food for ...

 Jul 28 2016 - Kuwait- Al-Ghanim receives Acting chief of Audit Bureau, U.S. envoyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, July 28 (KUNA) -- National Assembly Speaker Marzouq Al-Ghanim received, in his office Thursday, Acting chief of the Audit Bureau Adel Al-Sarawi. The ...

 Jul 28 2016 - France to form forces to protect citizensKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) PARIS, July 28 (KUNA) -- French President Francois Hollande confirmed that a National Guard would be formed from existing reserve forces to better protect ...

 Jul 28 2016 - Sadafco solar power system sees the lightMENAFN
(MENAFN) Sadafco has given the go-ahead for its new photovoltaic-diesel hybrid system that delivers up to 40% of its Riyadh Regional Distribution Centre's daytime energy requirements.Saudia Dairy and ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help