GCC: Market for Saw Logs And Veneer Logs 2025

Market Size for Saw Logs And Veneer Logs in GCC

In 2022, the GCC market for saw logs and veneer logs increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a perceptible descent. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Saw Logs And Veneer Logs in GCC

In value terms, saw logs and veneer logs production totaled $X in 2022 estimated in export price. Overall, production posted moderate growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs

Exports in GCC

In 2022, shipments abroad of saw logs and veneer logs decreased by X% to X cubic meters, falling for the fourth year in a row after two years of growth. In general, exports recorded a mild contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, saw logs and veneer logs exports soared to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, recording X cubic meters, which was near X% of total exports in 2022. It was distantly followed by Oman (X cubic meters), constituting an X% share of total exports.

Exports from the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Oman increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest saw logs and veneer logs supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per cubic meter, jumping by X% against the previous year. Overall, the export price saw a notable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Oman stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Imports of Saw Logs And Veneer Logs

Imports in GCC

In 2022, supplies from abroad of saw logs and veneer logs increased by X% to X cubic meters, rising for the second year in a row after two years of decline. Over the period under review, imports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports hit record highs at X cubic meters in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs imports skyrocketed to $X in 2022. Overall, imports, however, saw a slight reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X cubic meters, which was approx. X% of total imports in 2022. It was distantly followed by Oman (X cubic meters), achieving a X% share of total imports. Kuwait (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to saw logs and veneer logs imports into the United Arab Emirates stood at X%. At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Oman and Kuwait increased by X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported saw logs and veneer logs in GCC, comprising X% of total imports. The second position in the ranking was held by Oman ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Oman (X% per year) and Kuwait (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per cubic meter, increasing by X% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saw logs and veneer logs import price increased by X% against 2020 indices. Over the period under review, import prices hit record highs at $X per cubic meter in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Oman ($X per cubic meter), while Kuwait ($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 Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform