Egypt: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in Egypt

The revenue of the chipped coniferous wood market in Egypt amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. In that year, the chipped coniferous wood market reached its peak level and is likely to continue its growth in the immediate term.

Chipped Coniferous Wood Production in Egypt

In value terms, chipped coniferous wood production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Chipped coniferous wood production peaked in 2018 and is expected to retain its growth in the immediate term.

Chipped Coniferous Wood Exports

Exports from Egypt

In 2018, approx. X tons of coniferous wood in chips or particles were exported from Egypt; lowering by -X% against the previous year. Overall, chipped coniferous wood exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. In that year, chipped coniferous wood exports reached their peak of X tons. From 2016 to 2018, the growth of chipped coniferous wood exports remained at a lower figure.

In value terms, chipped coniferous wood exports amounted to $X in 2018. In general, chipped coniferous wood exports, however, continue to indicate a measured deduction. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, chipped coniferous wood exports attained their peak figure at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Sudan (X tons) was the main destination for chipped coniferous wood exports from Egypt, accounting for a X% share of total exports. Moreover, chipped coniferous wood exports to Sudan exceeded the volume sent to the second major destination, Jordan (X tons), fivefold. The third position in this ranking was occupied by Kuwait (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Sudan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+X% per year) and Kuwait (+X% per year).

In value terms, Sudan ($X), Singapore ($X) and Jordan ($X) appeared to be the largest markets for chipped coniferous wood exported from Egypt worldwide, with a combined X% share of total exports.

Sudan experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average chipped coniferous wood export price amounted to $X per ton, jumping by X% against the previous year. Overall, the chipped coniferous wood export price, however, continues to indicate a deep slump. The growth pace was the most rapid in 2014 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for coniferous wood in chips or particles reached their peak figure at $X per ton in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Singapore ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Sudan, while the prices for the other major destinations experienced a decline.

Chipped Coniferous Wood Imports

Imports into Egypt

In 2018, the imports of coniferous wood in chips or particles into Egypt stood at X tons, picking up by X% against the previous year. Over the period under review, chipped coniferous wood imports, however, continue to indicate a drastic decline. The growth pace was the most rapid in 2009 when imports increased by X% y-o-y. Imports peaked at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, chipped coniferous wood imports stood at $X in 2018. In general, chipped coniferous wood imports, however, continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2009 when imports increased by X% y-o-y. Over the period under review, chipped coniferous wood imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons) was the main supplier of chipped coniferous wood to Egypt, with a approx. X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from the U.S. amounted to -X%.

In value terms, the U.S. ($X) constituted the largest supplier of chipped coniferous wood to Egypt.

From 2007 to 2018, the average annual growth rate of value from the U.S. totaled -X%.

Import Prices by Country

In 2018, the average chipped coniferous wood import price amounted to $X per ton, waning by -X% against the previous year. In general, the chipped coniferous wood import price continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The import price peaked at $X per ton in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2018, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Source: IndexBox Platform