United Arab Emirates: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in the United Arab Emirates

The sawnwood (non-coniferous) market in the United Arab Emirates contracted rapidly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, recorded a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Production in the United Arab Emirates

In value terms, sawnwood (non-coniferous) production totaled $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with a decrease of X%. Sawnwood (non-coniferous) production peaked in 2022 and is expected to retain growth in years to come.

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Sawnwood (Non-Coniferous) Exports

Exports from the United Arab Emirates

After four years of decline, overseas shipments of sawnwood (non-coniferous) increased by X% to X cubic meters in 2022. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) exports soared to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Somalia (X cubic meters), Malaysia (X cubic meters) and Oman (X cubic meters) were the main destinations of sawnwood (non-coniferous) exports from the United Arab Emirates, with a combined X% share of total exports. Qatar, Bahrain, Kuwait, Belgium, Saudi Arabia, the Netherlands, the United States, Pakistan, Ghana and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for sawnwood (non-coniferous) exported from the United Arab Emirates were Somalia ($X), Oman ($X) and Malaysia ($X), with a combined X% share of total exports. Qatar, Bahrain, Kuwait, Saudi Arabia, Belgium, the Netherlands, Pakistan, the United States, Ghana and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Ghana, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sawnwood (non-coniferous) export price amounted to $X per cubic meter, picking up by X% against the previous year. In general, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per cubic meter), while the average price for exports to Democratic Republic of the Congo ($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 Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into the United Arab Emirates

In 2022, sawnwood (non-coniferous) imports into the United Arab Emirates shrank rapidly to X cubic meters, which is down by X% on 2021 figures. In general, imports, however, saw measured growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at X cubic meters in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) imports reached $X in 2022. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X cubic meters) constituted the largest sawnwood (non-coniferous) supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, sawnwood (non-coniferous) imports from Malaysia exceeded the figures recorded by the second-largest supplier, Cameroon (X cubic meters), twofold. The third position in this ranking was held by Serbia (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cameroon (X% per year) and Serbia (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of sawnwood (non-coniferous) to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

Import Prices by Country

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Latvia ($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 Gabon (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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