Egypt: Wood Residues Market 2024

Wood Residues Market Size in Egypt

In 2020, the Egyptian wood residues market decreased by X% to $X, falling for the sixth consecutive year after three years of growth. In general, consumption saw a abrupt decrease. Wood residues consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Wood Residues Production in Egypt

In value terms, wood residues production stood at $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production hit record highs in 2020 and is expected to retain growth in years to come.

Wood Residues Exports

Exports from Egypt

For the seventh year in a row, Egypt recorded growth in shipments abroad of wood residues, which increased by X% to X cubic meters in 2020. In general, total exports indicated a notable increase from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by X% against 2014 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, wood residues exports expanded remarkably to $X in 2020. Over the period under review, total exports indicated prominent growth from 2012 to 2020: its value increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Egypt, with a combined X% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) appeared to be the largest markets for wood residues exported from Egypt worldwide, with a combined X% share of total exports. Canada, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 wood residues export price stood at $X per cubic meter in 2020, picking up by X% against the previous year. Over the last eight years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Egypt

In 2020, supplies from abroad of wood residues decreased by X% to X cubic meters, falling for the third year in a row after six years of growth. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X cubic meters in 2017; however, from 2018 to 2020, imports failed to regain momentum.

In value terms, wood residues imports dropped to $X in 2020. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Egypt, with a combined X% share of total imports. Germany, Italy, Norway, Canada, the Netherlands, Sweden, Estonia, Poland, the United States and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Germany ($X) appeared to be the largest wood residues suppliers to Egypt, with a combined X% share of total imports. Belgium, the United States, Norway, Italy, the Netherlands, Canada, Poland, Sweden, Slovakia and Estonia lagged somewhat behind, together comprising a further X%.

Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average wood residues import price amounted to $X per cubic meter, falling by X% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per cubic meter. From 2016 to 2020, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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