Middle East: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2024

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in the Middle East

The Middle Eastern market for particle board and similar board of ligneous materials (excluding wood) stood at $X in 2022, surging by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in the Middle East

In value terms, production of particle board and similar board of ligneous materials (excluding wood) stood at $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports in the Middle East

In 2022, approx. X cubic meters of particle board and similar board of ligneous materials (excluding wood) were exported in the Middle East; waning by X% compared with the previous year. Overall, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of X cubic meters. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) totaled $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Saudi Arabia (X cubic meters) and Syrian Arab Republic (X cubic meters) dominates wood) structure, together mixing up X% of total exports. It was distantly followed by Lebanon (X cubic meters), making up a X% share of total exports. The following exporters - Turkey (X cubic meters) and the United Arab Emirates (X cubic meters) - together made up X% of total exports.

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, Saudi Arabia ($X) remains the largest board of bagasse, bamboo or other particles supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Saudi Arabia, exports of particle board and similar board of ligneous materials (excluding wood) expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lebanon (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per cubic meter in 2022, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Syrian Arab Republic ($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.

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports in the Middle East

In 2022, imports of particle board and similar board of ligneous materials (excluding wood) in the Middle East dropped significantly to X cubic meters, declining by X% against the previous year's figure. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked at X cubic meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) dropped dramatically to $X in 2022. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the major importing country with an import of about X cubic meters, which recorded X% of total imports. Bahrain (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Jordan (X%), Qatar (X%), Lebanon (X%) and Oman (X%). Kuwait (X cubic meters) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Kuwait (X%), Qatar (X%), Oman (X%), Bahrain (X%) and Jordan (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. By contrast, Lebanon (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Bahrain (X p.p.), Jordan (X p.p.), Qatar (X p.p.), Oman (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Lebanon (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported particle board and similar board of ligneous materials (excluding wood) in the Middle East, comprising X% of total imports. The second position in the ranking was held by Bahrain ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

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

Import Prices by Country

The import price in the Middle East stood at $X per cubic meter in 2022, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 Oman ($X per cubic meter), while Qatar ($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 more modest paces of growth.

Source: IndexBox Platform

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