Egypt: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in Egypt

In 2022, after three years of growth, there was significant decline in the Egyptian industrial roundwood market, when its value decreased by -21.1% to $X. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced markedly in the following year.

Industrial Roundwood Production in Egypt

In value terms, industrial roundwood production surged to $X in 2022 estimated in export price. In general, production enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 3,495%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Industrial Roundwood Exports

Exports from Egypt

In 2022, industrial roundwood exports from Egypt shrank rapidly to X cubic meters, declining by -76.6% on 2021 figures. In general, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 252% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood exports shrank significantly to $X in 2022. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 394% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Libya (X cubic meters), the United Arab Emirates (X cubic meters) and Kuwait (X cubic meters) were the main destinations of industrial roundwood exports from Egypt, together comprising 87% of total exports.

From 2012 to 2022, the biggest increases were recorded for Libya (with a CAGR of +69.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Libya ($X) emerged as the key foreign market for industrial roundwood exports from Egypt, comprising 22% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.9% share of total exports. It was followed by Saudi Arabia, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to Libya totaled +87.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+61.6% per year) and Saudi Arabia (+57.1% per year).

Export Prices by Country

The average industrial roundwood export price stood at $X per cubic meter in 2022, jumping by 228% against the previous year. Overall, the export price enjoyed a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per cubic meter), while the average price for exports to the United Arab Emirates ($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 Libya (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood Imports

Imports into Egypt

In 2022, supplies from abroad of industrial roundwood increased by 29% to X cubic meters, rising for the third consecutive year after four years of decline. Overall, imports, however, showed a deep downturn. The growth pace was the most rapid in 2015 when imports increased by 61% against the previous year. As a result, imports attained the peak of X cubic meters. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, industrial roundwood imports shrank to $X in 2022. In general, imports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Finland (X cubic meters) constituted the largest industrial roundwood supplier to Egypt, with a 51% share of total imports. Moreover, industrial roundwood imports from Finland exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), sixfold. Latvia (X cubic meters) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2022, the average annual growth rate of volume from Finland amounted to -12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+20.1% per year) and Latvia (-18.5% per year).

In value terms, Finland ($X) constituted the largest supplier of industrial roundwood to Egypt, comprising 82% of total imports. The second position in the ranking was held by Belgium ($X), with an 8.2% share of total imports. It was followed by Estonia, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Finland amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+3.6% per year) and Estonia (+0.8% per year).

Import Prices by Country

The average industrial roundwood import price stood at $X per cubic meter in 2022, which is down by -23.9% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 166%. As a result, import price reached the peak level of $X per cubic meter. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for France ($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 States (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :