Jordan: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Jordan

In 2022, the Jordanian sawnwood (non-coniferous) market increased by 0.1% to $X, rising for the second consecutive year after six years of decline. In general, consumption recorded a slight setback. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Sawnwood (Non-Coniferous) Production in Jordan

In value terms, sawnwood (non-coniferous) production totaled $X in 2022 estimated in export price. Overall, production faced a dramatic descent. The growth pace was the most rapid in 2019 when the production volume decreased by 99.9% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sawnwood (Non-Coniferous) Exports

Exports from Jordan

In 2022, the amount of sawnwood (non-coniferous) exported from Jordan fell markedly to X cubic meters, waning by -70.6% against 2021 figures. Overall, exports saw a significant contraction. The growth pace was the most rapid in 2018 with an increase of 15%. Over the period under review, the exports reached the peak figure at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sawnwood (non-coniferous) exports shrank dramatically to $X in 2022. In general, exports saw a sharp downturn. The pace of growth appeared the most rapid in 2018 with an increase of 116% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X cubic meters) was the main destination for sawnwood (non-coniferous) exports from Jordan, with a 56% share of total exports. Moreover, sawnwood (non-coniferous) exports to Saudi Arabia exceeded the volume sent to the second major destination, Turkey (X cubic meters), fourfold. Syrian Arab Republic (X cubic meters) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled -15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-40.5% per year) and Syrian Arab Republic (0.0% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for sawnwood (non-coniferous) exports from Jordan, comprising 48% of total exports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a 17% share of total exports. It was followed by Turkey, with a 17% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia amounted to -15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (0.0% per year) and Turkey (-28.1% per year).

Export Prices by Country

The average sawnwood (non-coniferous) export price stood at $X per cubic meter in 2022, with an increase of 6.1% against the previous year. In general, the export price enjoyed a mild expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 88% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Syrian Arab Republic ($X per cubic meter), while the average price for exports to Saudi Arabia ($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 Turkey (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Jordan

In 2022, approx. X cubic meters of sawnwood (non-coniferous) were imported into Jordan; dropping by -14.1% compared with the year before. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 18%. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sawnwood (non-coniferous) imports reached $X in 2022. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 24%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X cubic meters), Romania (X cubic meters) and Sweden (X cubic meters) were the main suppliers of sawnwood (non-coniferous) imports to Jordan, together accounting for 54% of total imports. Germany, the United States, Finland, Turkey, Malaysia and Canada lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +28.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X), Sweden ($X) and Romania ($X) were the largest sawnwood (non-coniferous) suppliers to Jordan, together accounting for 54% of total imports. The United States, Germany, Finland, Turkey, Malaysia and Canada lagged somewhat behind, together accounting for a further 34%.

Turkey, with a CAGR of +30.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sawnwood (non-coniferous) import price amounted to $X per cubic meter, rising by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per cubic meter), while the price for Germany ($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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform