Egypt: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Egypt

The Egyptian sawnwood (coniferous) market reduced markedly to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a abrupt setback. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Sawnwood (Coniferous) Production in Egypt

In value terms, sawnwood (coniferous) production expanded remarkably to $X in 2022 estimated in export price. Overall, production recorded a noticeable setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Sawnwood (Coniferous) Exports

Exports from Egypt

After four years of decline, overseas shipments of sawnwood (coniferous) decreased by X% to X cubic meters in 2022. Overall, exports, however, saw a prominent increase. The smallest decline of X% was in 2013. Over the period under review, the exports attained the peak figure at X cubic meters in 2021, and then dropped notably in the following year.

In value terms, sawnwood (coniferous) exports contracted to $X in 2022. In general, exports, however, recorded a resilient expansion. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Turkey (X cubic meters) was the main destination for sawnwood (coniferous) exports from Egypt, with a X% share of total exports. Moreover, sawnwood (coniferous) exports to Turkey exceeded the volume sent to the second major destination, Sri Lanka (X cubic meters), threefold. Sudan (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Sudan (X% per year).

In value terms, Turkey ($X) emerged as the key foreign market for sawnwood (coniferous) exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports. It was followed by Sudan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Sudan (X% per year).

Export Prices by Country

In 2022, the average sawnwood (coniferous) export price amounted to $X per cubic meter, picking up by X% against the previous year. Overall, the export price saw a perceptible expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sri Lanka ($X per cubic meter) and Turkey ($X per cubic meter), while the average price for exports to Palestine ($X per cubic meter) and Sudan ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Egypt

In 2022, approx. X cubic meters of sawnwood (coniferous) were imported into Egypt; falling by X% against the year before. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, sawnwood (coniferous) imports shrank rapidly to $X in 2022. Overall, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Sweden (X cubic meters), Finland (X cubic meters) and Russia (X cubic meters) were the main suppliers of sawnwood (coniferous) imports to Egypt, with a combined X% share of total imports. Latvia and Norway lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Sweden ($X), Finland ($X) and Russia ($X) appeared to be the largest sawnwood (coniferous) suppliers to Egypt, with a combined X% share of total imports. Latvia and Norway lagged somewhat behind, together comprising a further X%.

Norway, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average sawnwood (coniferous) import price stood at $X per cubic meter in 2022, rising by X% against the previous year. In general, the import price posted a tangible increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Finland ($X per cubic meter) and Russia ($X per cubic meter), while the price for Norway ($X per cubic meter) and Sweden ($X per cubic meter) were 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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