Middle East: Wood Fuel Market 2024

Wood Fuel Market Size in the Middle East

The Middle Eastern wood fuel market skyrocketed to $X in 2022, rising by X% against the previous year. Overall, consumption, however, showed a perceptible expansion. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Wood Fuel Production in the Middle East

In value terms, wood fuel production surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Wood Fuel Exports

Exports in the Middle East

In 2022, exports of wood fuel in the Middle East amounted to X cubic meters, surging by X% compared with the year before. Over the period under review, exports, however, continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wood fuel exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Palestine (X cubic meters), Israel (X cubic meters) and the United Arab Emirates (X cubic meters) was the major exporter of wood fuel in the Middle East, achieving X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest wood fuel supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and Palestine (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per cubic meter, jumping by X% against the previous year. Over the period under review, the export price recorded prominent growth. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Palestine ($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 the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Wood Fuel Imports

Imports in the Middle East

In 2022, wood fuel imports in the Middle East contracted notably to X cubic meters, which is down by X% against 2021. Overall, imports saw a deep setback. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The volume of import peaked at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wood fuel imports reduced dramatically to $X in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X cubic meters) represented the key importer of wood fuel, achieving X% of total imports. Israel (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, 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 the Middle East, 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. From 2012 to 2022, the share of the United Arab Emirates, Israel, Kuwait and Qatar increased by X, X, X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported wood fuel in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with an 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 the United Arab Emirates stood at X%. 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 the Middle East stood at $X per cubic meter in 2022, growing by X% against the previous year. Import price indicated a remarkable increase 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 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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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