Bahrain: Wood-Based Panels Market 2025

Wood-Based Panels Market Size in Bahrain

The Bahraini wood-based panels market rose significantly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Wood-Based Panels Production in Bahrain

In value terms, wood-based panels production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Wood-Based Panels Exports

Exports from Bahrain

In 2022, exports of wood-based panels from Bahrain dropped sharply to X cubic meters, waning by X% on 2021 figures. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wood-based panels exports rose sharply to $X in 2022. In general, exports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X cubic meters) was the main destination for wood-based panels exports from Bahrain, with a X% share of total exports. Moreover, wood-based panels exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X cubic meters), fourfold. Oman (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Oman (X% per year).

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Oman ($X) constituted the largest markets for wood-based panels exported from Bahrain worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average wood-based panels export price amounted to $X per cubic meter, growing by X% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price 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, wood-based panels export price increased by X% against 2020 indices. The export price peaked at $X per cubic meter in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per cubic meter), while the average price for exports to Saudi Arabia ($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 Oman (X%), while the prices for the other major destinations experienced mixed trend patterns.

Wood-Based Panels Imports

Imports into Bahrain

In 2022, wood-based panels imports into Bahrain reached X cubic meters, approximately reflecting 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X cubic meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, wood-based panels imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X cubic meters) constituted the largest wood-based panels supplier to Bahrain, with a X% share of total imports. Moreover, wood-based panels imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X cubic meters), fourfold. The third position in this ranking was held by India (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of wood-based panels to Bahrain, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average wood-based panels import price amounted to $X per cubic meter, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X per cubic meter in 2012; however, from 2013 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 Italy ($X per cubic meter), while the price for Bulgaria ($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 Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform