Saudi Arabia: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Saudi Arabia

The Saudi sawnwood (non-coniferous) market rose significantly to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a noticeable expansion. Sawnwood (non-coniferous) consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Saudi Arabia

In 2022, after two years of growth, there was significant decline in overseas shipments of sawnwood (non-coniferous), when their volume decreased by X% to X cubic meters. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2021, and then declined remarkably in the following year.

In value terms, sawnwood (non-coniferous) exports declined sharply to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Yemen (X cubic meters) was the main destination for sawnwood (non-coniferous) exports from Saudi Arabia, with a X% share of total exports. Moreover, sawnwood (non-coniferous) exports to Yemen exceeded the volume sent to the second major destination, Bahrain (X cubic meters), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Yemen amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Kuwait (X% per year).

In value terms, Yemen ($X) remains the key foreign market for sawnwood (non-coniferous) exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Yemen stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Bahrain (X% per year).

Export Prices by Country

The average sawnwood (non-coniferous) export price stood at $X per cubic meter in 2022, dropping by X% against the previous year. In general, the export price, however, posted a mild increase. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per cubic meter), while the average price for exports to Bahrain ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Sawnwood (Non-Coniferous) Imports

Imports into Saudi Arabia

In 2022, approx. X cubic meters of sawnwood (non-coniferous) were imported into Saudi Arabia; growing by X% compared with the previous year. In general, imports continue to indicate a tangible increase. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X cubic meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) imports amounted to $X in 2022. Overall, imports saw a measured increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Finland (X cubic meters), Sweden (X cubic meters) and Chile (X cubic meters) were the main suppliers of sawnwood (non-coniferous) imports to Saudi Arabia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sawnwood (non-coniferous) suppliers to Saudi Arabia were Finland ($X), Sweden ($X) and Austria ($X), with a combined X% share of total imports. Romania, Germany, Brazil, Chile, Russia, Malaysia and Canada lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, falling by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per cubic meter, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per cubic meter), while the price for Chile ($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 Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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