Middle East: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in the Middle East

In 2022, after two years of growth, there was significant decline in the Middle Eastern sawnwood (non-coniferous) market, when its value decreased by X% to $X. In general, consumption recorded a perceptible slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Production in the Middle East

In value terms, sawnwood (non-coniferous) production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Sawnwood (Non-Coniferous) Exports

Exports in the Middle East

After three years of growth, overseas shipments of sawnwood (non-coniferous) decreased by X% to X cubic meters in 2022. In general, exports saw a slight descent. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2021, and then declined notably in the following year.

In value terms, sawnwood (non-coniferous) exports rose to $X in 2022. Overall, exports recorded a mild descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X cubic meters), Saudi Arabia (X cubic meters) and the United Arab Emirates (X cubic meters) represented roughly X% of total exports in 2022.

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

In value terms, the largest sawnwood (non-coniferous) supplying countries in the Middle East were the United Arab Emirates ($X), Saudi Arabia ($X) and Turkey ($X), with a combined X% share of total exports.

Among the main exporting countries, Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per cubic meter, picking up by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per cubic meter in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Turkey ($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 export price figures.

Sawnwood (Non-Coniferous) Imports

Imports in the Middle East

In 2022, approx. X cubic meters of sawnwood (non-coniferous) were imported in the Middle East; increasing by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) imports shrank modestly to $X in 2022. Over the period under review, imports continue to indicate a modest increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Saudi Arabia (X cubic meters) represented the major importer of sawnwood (non-coniferous), creating X% of total imports. The United Arab Emirates (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Bahrain (X%). The following importers - Iran (X cubic meters), Israel (X cubic meters), Yemen (X cubic meters), Turkey (X cubic meters), Kuwait (X cubic meters) and Oman (X cubic meters) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to sawnwood (non-coniferous) imports into Saudi Arabia stood at X%. At the same time, Iran (X%), Bahrain (X%), Yemen (X%), the United Arab Emirates (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Israel (X%), Oman (X%) and Kuwait (X%) illustrated a downward trend over the same period. While the share of Iran (X p.p.), Saudi Arabia (X p.p.), Bahrain (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Oman (X p.p.) and Israel (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported sawnwood (non-coniferous) in the Middle East, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Saudi Arabia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per cubic meter, waning by X% against the previous year. Over the period under review, the import price recorded a mild curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per cubic meter), while Bahrain ($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 Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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