Saudi Arabia: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in Saudi Arabia

The revenue of the chipped coniferous wood market in Saudi Arabia amounted to $X in 2018, dropping by -X% against the previous year. Over the period under review, chipped coniferous wood consumption, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the chipped coniferous wood market attained its peak figure level at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Chipped Coniferous Wood Production in Saudi Arabia

In value terms, chipped coniferous wood production totaled $X in 2018 estimated in export prices. In general, chipped coniferous wood production, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Chipped coniferous wood production peaked at $X in 2017, and then declined slightly in the following year.

Chipped Coniferous Wood Exports

Exports from Saudi Arabia

Chipped coniferous wood exports from Saudi Arabia stood at X tons in 2018, picking up by X% against the previous year. In general, chipped coniferous wood exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, chipped coniferous wood exports amounted to $X in 2018. Overall, chipped coniferous wood exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Oman (X tons) was the main destination for chipped coniferous wood exports from Saudi Arabia, with a X% share of total exports. Moreover, chipped coniferous wood exports to Oman exceeded the volume sent to the second major destination, Sri Lanka (X tons), eightfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Oman was relatively modest.

From 2007 to 2018, the average annual growth rate of value to Oman was relatively modest.

Export Prices by Country

In 2018, the average chipped coniferous wood export price amounted to $X per ton, lowering by -X% against the previous year. Over the period under review, the chipped coniferous wood export price, however, continues to indicate a measured expansion. The growth pace was the most rapid in 2017 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Oman stood at $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka.

Chipped Coniferous Wood Imports

Imports into Saudi Arabia

Chipped coniferous wood imports into Saudi Arabia totaled X tons in 2018, approximately mirroring the previous year. Over the period under review, chipped coniferous wood imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. In that year, chipped coniferous wood imports reached their peak of X tons. From 2016 to 2018, the growth of chipped coniferous wood imports failed to regain its momentum.

In value terms, chipped coniferous wood imports totaled $X in 2018. Overall, chipped coniferous wood imports continue to indicate a drastic decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Latvia (X tons) constituted the largest supplier of chipped coniferous wood to Saudi Arabia, with a X% share of total imports. Moreover, chipped coniferous wood imports from Latvia exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), fourfold. The third position in this ranking was occupied by Ukraine (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Latvia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and Ukraine (X% per year).

In value terms, Latvia ($X) constituted the largest supplier of chipped coniferous wood to Saudi Arabia, comprising X% of total chipped coniferous wood imports. The second position in the ranking was occupied by Lithuania ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Latvia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and Ukraine (X% per year).

Import Prices by Country

The average chipped coniferous wood import price stood at $X per ton in 2018, going down by -X% against the previous year. Over the period under review, the chipped coniferous wood import price continues to indicate a drastic slump. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. Over the period under review, the average import prices for coniferous wood in chips or particles attained their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Russia ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform