MENA: Preservative-Treated Rough Wood Market 2024

Preservative-Treated Rough Wood Market Size in MENA

The MENA's preservative-treated rough wood market stood at $X in 2023, picking up by X% against the previous year. The total consumption indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Preservative-Treated Rough Wood Production in MENA

In value terms, preservative-treated rough wood production rose notably to $X in 2023 estimated in export price. The total production indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Preservative-Treated Rough Wood Exports

Exports in MENA

Preservative-treated rough wood exports rose markedly to X cubic meters in 2023, with an increase of X% on 2022 figures. In general, exports recorded a prominent increase. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at X cubic meters in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, preservative-treated rough wood exports skyrocketed to $X in 2023. Over the period under review, exports saw a slight increase. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Turkey dominates exports structure, recording X cubic meters, which was near X% of total exports in 2023. It was distantly followed by the United Arab Emirates (X cubic meters), committing a X% share of total exports. Oman (X cubic meters) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Turkey and Oman increased by X and X percentage points, respectively.

In value terms, Turkey ($X) remains the largest preservative-treated rough wood supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports.

In Turkey, preservative-treated rough wood exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Oman (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per cubic meter, jumping by X% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Turkey ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, 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.

Preservative-Treated Rough Wood Imports

Imports in MENA

After two years of growth, purchases abroad of preservative-treated rough wood decreased by X% to X cubic meters in 2023. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X cubic meters in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, preservative-treated rough wood imports shrank significantly to $X in 2023. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Oman (X cubic meters) and Turkey (X cubic meters) were the largest importers of preservative-treated rough wood in MENA, together making up X% of total imports. Yemen (X cubic meters) ranks next in terms of the total imports with an X% share, followed by Libya (X%) and Jordan (X%). Kuwait (X cubic meters) and the United Arab Emirates (X cubic meters) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Jordan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Oman ($X) and Libya ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Yemen, Jordan, Kuwait and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Jordan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MENA stood at $X per cubic meter in 2023, shrinking by X% against the previous year. Overall, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per cubic meter), while Yemen ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform