GCC: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2025

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in GCC

The GCC market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) shrank to $X in 2022, which is down by -11.3% against the previous year. In general, consumption continues to indicate a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in GCC

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reduced modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a slight downturn. The pace of growth appeared the most rapid in 2017 with an increase of 34%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports in GCC

In 2022, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in GCC declined significantly to X tons, with a decrease of -33% against 2021. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 55% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reduced to $X in 2022. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when exports increased by 135%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

The United Arab Emirates was the largest exporter of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in GCC, with the volume of exports amounting to X tons, which was approx. 57% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), Oman (X tons), Kuwait (X tons) and Bahrain (X tons), together generating a 43% share of total exports.

Exports from the United Arab Emirates decreased at an average annual rate of -8.7% from 2012 to 2022. At the same time, Oman (+7.1%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of +7.1% from 2012-2022. By contrast, Bahrain (-3.6%), Kuwait (-4.4%) and Saudi Arabia (-19.9%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+19 p.p.), Oman (+8.8 p.p.), Kuwait (+3.2 p.p.) and Bahrain (+2.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (-33.8 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplier in GCC, comprising 71% of total exports. The second position in the ranking was held by Oman ($X), with a 16% share of total exports. It was followed by Saudi Arabia, with a 6.7% share.

In the United Arab Emirates, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) contracted by an average annual rate of -8.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (+8.7% per year) and Saudi Arabia (-20.8% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, growing by 44% against the previous year. Overall, the export price posted pronounced growth. The most prominent rate of growth was recorded in 2018 an increase of 138%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+9.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports in GCC

Imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reduced notably to X tons in 2022, shrinking by -20.3% against 2021 figures. Overall, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 0.7%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reduced notably to $X in 2022. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2018 when imports increased by 27% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) represented roughly 64% of total imports in 2022. Qatar (X tons) ranks next in terms of the total imports with a 12% share, followed by Oman (9.9%), Kuwait (8.8%) and Bahrain (4.6%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Qatar (with a CAGR of -3.9%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Qatar ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 83% of total imports. Oman, Kuwait and Bahrain lagged somewhat behind, together accounting for a further 17%.

Among the main importing countries, Oman, with a CAGR of +1.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, surging by 3.9% against the previous year. In general, the import price saw resilient growth. The pace of growth was the most pronounced in 2018 when the import price increased by 32% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform