Make MENAFN My Home Page
 
  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




Dora no Explorer: TV network axes Philippine resort plan after outcry, ,8/23/2017 8:00:50 AM



(MENAFN - AFP) American children's television network Nickelodeon said Wednesday it had abandoned plans for a themed resort on an island known as the Philippines' last ecological frontier following ...


Dora no Explorer: TV network axes Philippine resort plan after outcry, ,8/23/2017 8:00:50 AM



(MENAFN - AFP) American children's television network Nickelodeon said Wednesday it had abandoned plans for a themed resort on an island known as the Philippines' last ecological frontier following ...


Verdict for Samsung heir weighs on telecom giant, ,8/23/2017 8:00:37 AM



(MENAFN - AFP) The heir to the Samsung empire faces the verdict in his corruption trial Friday, which threatens to leave the world's biggest smartphone maker rudderless for more than a decade.Lee ...


Verdict for Samsung heir weighs on telecom giant, ,8/23/2017 8:00:37 AM



(MENAFN - AFP) The heir to the Samsung empire faces the verdict in his corruption trial Friday, which threatens to leave the world's biggest smartphone maker rudderless for more than a decade.Lee ...


National Storage REIT (ASX:NSR) 2017 Sustainability Report, ,8/23/2017 12:39:02 AM



(MENAFN - ABN Newswire) This report is National Storage REIT's (ASX:NSR) first sustainability report and is aligned with the Global Reporting Initiative (GRI) Standards. The report provides an ...


Kuwait- Ex-MP in illicit affair dumps woman after wedding pledge, ,8/23/2017 12:33:31 AM



(MENAFN - Arab Times) KUWAIT CITY, Aug 22: The Public Prosecution Tuesday referred to the Criminal Court a complaint filed by a Kuwaiti woman against a former MP. She accused the former MP of ...


Kuwait- Mystery shrouds murder as youth denies killing cleric, ,8/23/2017 12:33:31 AM



(MENAFN - Arab Times) KUWAIT CITY, Aug 22: A 21-year-old Kuwaiti citizen was arrested for murdering a 38-year Islamic preacher who is popular in Kuwait. According to security sources, the preacher ...


Kuwait- 'Demand for jobs in govt sector hits all-time peak', ,8/23/2017 12:33:22 AM



(MENAFN - Arab Times) 'Wafra, Al-Zour citizens deserve comp' KUWAIT CITY, Aug 22: The Central Employment Agency at the Civil Service Commission (CSC) has revealed that the number of unemployed ...


Kuwait- Eid holidays set from 31st Aug to 4th Sep, ,8/23/2017 12:33:21 AM



(MENAFN - Arab Times) KUWAIT CITY, Aug 22, (KUNA): Eid Al-Adha holiday will begin on Aug 31 (coinciding with Waqfat Arafat) and end on Sept 4, Kuwait's Civil Service Commission (CSC) announced on ...


Kuwait- 'Implementation of VAT will lead to hike in commodity, service prices', ,8/23/2017 12:33:21 AM



(MENAFN - Arab Times) More steps vital to address structural imbalance: Al-Mulla KUWAIT CITY, Aug 22: The implementation of Value Added Tax (VAT) is like a time bomb quoting a source from the ...




 





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

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