MENA: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in MENA

After two years of growth, the MENA's sawnwood (non-coniferous) market decreased by X% to $X in 2022. In general, consumption saw a perceptible decline. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Sawnwood (Non-Coniferous) Production in MENA

In value terms, sawnwood (non-coniferous) production reduced modestly to $X in 2022 estimated in export price. In general, production saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Exports

Exports in MENA

In 2022, after three years of growth, there was significant decline in shipments abroad of sawnwood (non-coniferous), when their volume decreased by X% to X cubic meters. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X cubic meters in 2021, and then reduced markedly in the following year.

In value terms, sawnwood (non-coniferous) exports stood at $X in 2022. Over the period under review, exports showed a mild slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Turkey (X cubic meters), Saudi Arabia (X cubic meters) and the United Arab Emirates (X cubic meters) was the major exporter of sawnwood (non-coniferous) in MENA, achieving X% of total export.

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 MENA 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

The export price in MENA stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2016; however, from 2017 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 ($X per cubic meter), while Turkey ($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 MENA

Sawnwood (non-coniferous) imports reached X cubic meters in 2022, surging by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X cubic meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, sawnwood (non-coniferous) imports dropped slightly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2013; afterwards, it flattened through to 2022.

Imports by Country

Saudi Arabia represented the largest importing country with an import of around X cubic meters, which resulted at X% of total imports. The United Arab Emirates (X cubic meters) took the second position in the ranking, followed by Bahrain (X cubic meters), Egypt (X cubic meters) and Algeria (X cubic meters). All these countries together held approx. X% share of total imports. Iran (X cubic meters), Israel (X cubic meters), Yemen (X cubic meters), Turkey (X cubic meters), Morocco (X cubic meters), Kuwait (X cubic meters) and Oman (X cubic meters) held a minor share 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%), Algeria (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 MENA, with a CAGR of X% from 2012-2022. Morocco experienced a relatively flat trend pattern. By contrast, Israel (X%), Egypt (X%), Oman (X%) and Kuwait (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia, Algeria, Iran, Bahrain and Kuwait increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Saudi Arabia totaled X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in MENA stood at $X per cubic meter in 2022, declining by X% against the previous year. In general, the import price saw a slight descent. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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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