Egypt: Industrial Roundwood Market 2024

Industrial Roundwood Market Size in Egypt

In 2022, the Egyptian industrial roundwood market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Industrial roundwood consumption peaked at $X in 2021, and then dropped remarkably in the following year.

Industrial Roundwood Production in Egypt

In value terms, industrial roundwood production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Industrial Roundwood Exports

Exports from Egypt

In 2022, approx. X cubic meters of industrial roundwood were exported from Egypt; rising by X% on 2021. Over the period under review, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial roundwood exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Libya (X cubic meters) was the main destination for industrial roundwood exports from Egypt, accounting for a X% share of total exports. Moreover, industrial roundwood exports to Libya exceeded the volume sent to the second major destination, Saudi Arabia (X cubic meters), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Libya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Palestine (X% per year).

In value terms, Libya ($X) remains the key foreign market for industrial roundwood exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Libya amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Palestine (X% per year).

Export Prices by Country

The average industrial roundwood export price stood at $X per cubic meter in 2022, approximately reflecting the previous year. Overall, the export price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($X per cubic meter), while the average price for exports to Palestine ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Roundwood Imports

Imports into Egypt

In 2022, after two years of growth, there was decline in purchases abroad of industrial roundwood, when their volume decreased by X% to X cubic meters. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, industrial roundwood imports shrank to $X in 2022. Over the period under review, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Finland (X cubic meters) constituted the largest industrial roundwood supplier to Egypt, accounting for a X% share of total imports. Moreover, industrial roundwood imports from Finland exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), more than tenfold. The third position in this ranking was taken by Latvia (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Finland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Latvia (X% per year).

In value terms, Finland ($X) constituted the largest supplier of industrial roundwood to Egypt, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with an X% share of total imports. It was followed by Estonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Finland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Estonia (X% per year).

Import Prices by Country

In 2022, the average industrial roundwood import price amounted to $X per cubic meter, rising by X% against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per cubic meter. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for France ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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