Egypt: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Egypt

In 2022, the Egyptian sawnwood (non-coniferous) market was finally on the rise to reach $X after two years of decline. In general, consumption, however, showed a perceptible contraction. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Sawnwood (Non-Coniferous) Production in Egypt

In value terms, sawnwood (non-coniferous) production dropped to $X in 2022 estimated in export price. In general, production faced a deep contraction. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Sawnwood (non-coniferous) production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Sawnwood (Non-Coniferous) Exports

Exports from Egypt

In 2022, shipments abroad of sawnwood (non-coniferous) decreased by X% to X cubic meters, falling for the second year in a row after three years of growth. In general, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at X cubic meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, sawnwood (non-coniferous) exports shrank remarkably to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Palestine (X cubic meters), Morocco (X cubic meters) and Sudan (X cubic meters) were the main destinations of sawnwood (non-coniferous) exports from Egypt, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sudan (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Morocco ($X), Palestine ($X) and Sudan ($X) appeared to be the largest markets for sawnwood (non-coniferous) exported from Egypt worldwide, with a combined X% share of total exports.

Sudan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sawnwood (non-coniferous) export price stood at $X per cubic meter in 2022, picking up by X% against the previous year. In general, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per cubic meter), while the average price for exports to Palestine ($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 Morocco (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sawnwood (Non-Coniferous) Imports

Imports into Egypt

After two years of decline, supplies from abroad of sawnwood (non-coniferous) increased by X% to X cubic meters in 2022. Over the period under review, imports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports reached the peak of X cubic meters. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, sawnwood (non-coniferous) imports soared to $X in 2022. Overall, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Croatia (X cubic meters) constituted the largest sawnwood (non-coniferous) supplier to Egypt, with a X% share of total imports. Moreover, sawnwood (non-coniferous) imports from Croatia exceeded the figures recorded by the second-largest supplier, Romania (X cubic meters), threefold. Finland (X cubic meters) ranked third in terms of total imports with a X% share.

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

In value terms, Croatia ($X) constituted the largest supplier of sawnwood (non-coniferous) to Egypt, comprising X% of total imports. The second position in the ranking was taken by Romania ($X), with a X% share of total imports. It was followed by Finland, with a X% share.

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

Import Prices by Country

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, surging by X% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (non-coniferous) import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per cubic meter), while the price for Croatia ($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 Finland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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