Bahrain: Market for Wood Chips And Particles 2025

Market Size for Wood Chips And Particles in Bahrain

The Bahraini wood chips and particles market surged to $X in 2022, growing by 34% against the previous year. Over the period under review, consumption saw a significant increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Wood Chips And Particles in Bahrain

In value terms, wood chips and particles production expanded markedly to $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 28%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Wood Chips And Particles

Exports from Bahrain

In 2022, approx. X cubic meters of wood chips and particles were exported from Bahrain; which is down by -29.4% on the previous year's figure. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 240% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wood chips and particles exports declined to $X in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 236% 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 remained at a lower figure.

Exports by Country

Saudi Arabia (X cubic meters) was the main destination for wood chips and particles exports from Bahrain, accounting for a 83% share of total exports. Moreover, wood chips and particles exports to Saudi Arabia exceeded the volume sent to the second major destination, Jordan (X cubic meters), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to -13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (0.0% per year) and Niger (0.0% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for wood chips and particles exports from Bahrain, comprising 75% of total exports. The second position in the ranking was taken by Jordan ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled -12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (0.0% per year) and Niger (0.0% per year).

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2022, jumping by 21% against the previous year. Over the period under review, the export price enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 72%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per cubic meter), while the average price for exports to Saudi Arabia ($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 Qatar (+132.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood Chips And Particles

Imports into Bahrain

In 2022, the amount of wood chips and particles imported into Bahrain soared to X cubic meters, jumping by 47% against 2021 figures. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 205% against the previous year. Imports peaked at X cubic meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, wood chips and particles imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 424%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X cubic meters), Portugal (X cubic meters) and the UK (X cubic meters) were the main suppliers of wood chips and particles imports to Bahrain, with a combined 60% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +69.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips and particles suppliers to Bahrain were the United States ($X), Portugal ($X) and South Africa ($X), together comprising 57% of total imports.

South Africa, with a CAGR of +166.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood chips and particles import price stood at $X per cubic meter in 2022, waning by -15.9% against the previous year. In general, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 86% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for South Africa ($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 South Africa (+57.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform