Egypt: Industrial Roundwood (Coniferous) Market 2025

Industrial Roundwood (Coniferous) Market Size in Egypt

In 2022, the Egyptian industrial roundwood (coniferous) market increased by 2,488% to $X, rising for the third consecutive year after four years of decline. In general, consumption, however, continues to indicate a deep downturn. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Industrial Roundwood (Coniferous) Production in Egypt

In value terms, industrial roundwood (coniferous) production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a buoyant expansion. The growth pace was the most rapid in 2020 when the production volume increased by 52% against the previous year. Industrial roundwood (coniferous) production peaked at $X in 2021, and then contracted in the following year.

Industrial Roundwood (Coniferous) Exports

Exports from Egypt

In 2022, approx. X cubic meters of industrial roundwood (coniferous) were exported from Egypt; declining by -87.3% on the year before. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 with an increase of 112% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial roundwood (coniferous) exports contracted notably to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 148% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X cubic meters) and Kuwait (X cubic meters) were the main destinations of industrial roundwood (coniferous) exports from Egypt.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of +23.0%).

In value terms, the largest markets for industrial roundwood (coniferous) exported from Egypt were the United Arab Emirates ($X) and Kuwait ($X).

Among the main countries of destination, Kuwait, with a CAGR of +26.5%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average industrial roundwood (coniferous) export price amounted to $X per cubic meter, increasing by 375% against the previous year. In general, the export price saw a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per cubic meter), while the average price for exports to the United Arab Emirates amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood (Coniferous) Imports

Imports into Egypt

In 2022, the amount of industrial roundwood (coniferous) imported into Egypt totaled X cubic meters, flattening at 2021. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 61%. As a result, imports reached the peak of X cubic meters. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial roundwood (coniferous) imports stood at $X in 2022. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 15%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Finland (X cubic meters) constituted the largest supplier of industrial roundwood (coniferous) to Egypt, with a 50% share of total imports. Moreover, industrial roundwood (coniferous) imports from Finland exceeded the figures recorded by the second-largest supplier, Latvia (X cubic meters), more than tenfold. The third position in this ranking was held by Estonia (X cubic meters), with a 1.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Finland amounted to -15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (-20.6% per year) and Estonia (-18.9% per year).

In value terms, Finland ($X) constituted the largest supplier of industrial roundwood (coniferous) to Egypt, comprising 93% of total imports. The second position in the ranking was taken by Latvia ($X), with a 3.2% share of total imports. It was followed by Estonia, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value from Finland totaled -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (-15.1% per year) and Estonia (-6.7% per year).

Import Prices by Country

In 2022, the average industrial roundwood (coniferous) import price amounted to $X per cubic meter, almost unchanged from the previous year. Over the period under review, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 69% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Estonia ($X per cubic meter), while the price for Latvia ($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 Canada (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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