Middle East - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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Middle East - Plywood - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Sep 25, 2023

Guide to Plywood Market Entry in the Middle East

Expanding your business into the Middle East market can be a lucrative opportunity for plywood manufacturers. With a substantial import value of $1.2 billion in 2022, there is a growing demand for plywood in countries like Israel, Saudi Arabia, the United Arab Emirates, Turkey, and Iraq. This guide aims to provide you with a comprehensive market entry strategy and reliable data sources to help you make informed business decisions.

Market Analysis and Research

Before entering a new market, it is crucial to conduct thorough market analysis and research. The Middle East market has unique characteristics and requirements that you need to understand to develop an effective strategy. Utilizing market intelligence platforms like IndexBox can provide you with the necessary data and insights to evaluate market trends, identify potential customers, and understand competitors.

Identify Target Countries

Based on the import value data from IndexBox, the top five countries for plywood imports in the Middle East are:

  • Israel: $274.2 million in 2022
  • Saudi Arabia: $226.4 million in 2022
  • United Arab Emirates (UAE): $222.4 million in 2022
  • Turkey: $117.3 million in 2022
  • Iraq: $98.8 million in 2022

Government Regulations and Assistance

Understanding the regulatory environment and seeking assistance from local authorities can smoothen the market entry process. Refer to official sources such as the Ministry of Commerce or Trade departments of respective countries for detailed information on import regulations, certifications, and permits required for plywood imports. Seek guidance from trade associations or chambers of commerce for additional support and connections in the local business community.

Participate in Trade Shows and Exhibitions

Trade shows and exhibitions provide excellent opportunities to showcase your products, network with potential buyers, and gain insights into the market. Here are some notable trade shows and exhibitions related to the plywood industry in the Middle East:

  • Middle East Wood (Dubai, UAE)
  • Woodtech Egypt (Cairo, Egypt)
  • Wood Show Lebanon (Beirut, Lebanon)
  • Wood Processing & Machinery (Istanbul, Turkey)
  • Iran Wood Expo (Tehran, Iran)

Participating in these events can help you establish contacts, understand local preferences, and gain exposure in the Middle Eastern market.

Building Local Partnerships

Collaborating with local partners or distributors can significantly improve your market entry strategy in the Middle East. They possess valuable market knowledge, established networks, and customer relationships that can expedite the distribution process. Take the time to research and identify potential partners who align with your business objectives and have experience in the plywood industry.

Quality and Competitive Pricing

The Middle East market is highly competitive, and to succeed, you need to offer high-quality plywood products at competitive prices. Focus on optimizing your production processes, ensuring consistent product quality, and exploring cost-effective sourcing and transportation options. Price your products competitively based on the import price data from IndexBox ($490.1 USD per M³ in 2022).

Conclusion

Entering the plywood market in the Middle East requires careful planning, extensive market research, and strategic partnerships. Utilize reliable data sources like IndexBox for accurate market insights and trends. By understanding the target countries, complying with regulations, participating in trade shows, and focusing on quality and competitive pricing, you can pave the way for a successful market entry and tap into the growing demand for plywood in the Middle East.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plywood market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1640 - Plywood

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in the Middle East, split by region and country
  • Trade (exports and imports) in the Middle East
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bahrain
    • Iran
    • Iraq
    • Israel
    • Jordan
    • Kuwait
    • Lebanon
    • Oman
    • Palestine
    • Qatar
    • Saudi Arabia
    • Syrian Arab Republic
    • Turkey
    • United Arab Emirates
    • Yemen
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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