MENA: Wood Fuel Market 2024

Wood Fuel Market Size in MENA

The MENA's wood fuel market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, enjoyed a perceptible expansion. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Wood Fuel Production in MENA

In value terms, wood fuel production surged to $X in 2022 estimated in export price. Overall, production, however, recorded a mild descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Wood Fuel Exports

Exports in MENA

In 2022, overseas shipments of wood fuel increased by X% to X cubic meters, rising for the second year in a row after two years of decline. In general, exports, however, faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood fuel exports soared to $X in 2022. Over the period under review, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Egypt (X cubic meters), Palestine (X cubic meters), Israel (X cubic meters) and the United Arab Emirates (X cubic meters), together accounting for X% of total export. It was distantly followed by Morocco (X cubic meters), mixing up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the United Arab Emirates ($X) emerged as the largest wood fuel supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with an X% share of total exports. It was followed by Morocco, with a X% share.

In the United Arab Emirates, wood fuel exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per cubic meter, picking up by X% against the previous year. In general, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Palestine ($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 Morocco (X%), while the other leaders experienced more modest paces of growth.

Wood Fuel Imports

Imports in MENA

Wood fuel imports dropped significantly to X cubic meters in 2022, which is down by X% on the year before. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wood fuel imports fell rapidly to $X in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the key importing country with an import of around X cubic meters, which resulted at X% of total imports. Israel (X cubic meters) ranks second in terms of the total imports with a X% share, followed by Turkey (X%), Palestine (X%) and Kuwait (X%). Qatar (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wood fuel imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%) and Israel (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Qatar experienced a relatively flat trend pattern. By contrast, Palestine (X%) and Turkey (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Israel (X p.p.), Kuwait (X p.p.) and Qatar (X p.p.) significantly strengthened its position in terms of the total imports, while Palestine and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported wood fuel in MENA, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

In the United Arab Emirates, wood fuel imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in MENA stood at $X per cubic meter in 2022, picking up by X% against the previous year. Import price indicated a buoyant expansion 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, wood fuel import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per cubic meter), while Turkey ($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 the United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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