MENA: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2025

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in MENA

In 2021, the MENA's market for particle board and similar board of ligneous materials (excluding wood) decreased by -0.2% to $X for the first time since 2015, thus ending a five-year rising trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then dropped slightly in the following year.

Production of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in MENA

In value terms, production of particle board and similar board of ligneous materials (excluding wood) fell slightly to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 21%. Over the period under review, production of reached the peak level at $X in 2020, and then dropped modestly in the following year.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports in MENA

In 2021, after three years of decline, there was significant growth in overseas shipments of particle board and similar board of ligneous materials (excluding wood), when their volume increased by 22% to X cubic meters. Overall, exports posted a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 80% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2018 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) reduced to $X in 2021. In general, exports, however, recorded a mild setback. The most prominent rate of growth was recorded in 2017 when exports increased by 140% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Syrian Arab Republic (X cubic meters) and Saudi Arabia (X cubic meters) represented roughly 72% of total exports in 2021. It was distantly followed by Lebanon (X cubic meters), the United Arab Emirates (X cubic meters) and Turkey (X cubic meters), together achieving a 27% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Syrian Arab Republic (with a CAGR of +20.0%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the largest board of bagasse, bamboo or other particles supplier in MENA, comprising 61% of total exports. The second position in the ranking was taken by Lebanon ($X), with a 17% share of total exports. It was followed by Turkey, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value in Saudi Arabia stood at +15.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Lebanon (+0.4% per year) and Turkey (-13.8% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per cubic meter, waning by -26.1% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when the export price increased by 35% against the previous year. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per cubic meter), while Syrian Arab Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (-1.3%), while the other leaders experienced a decline in the export price figures.

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports in MENA

In 2021, after two years of decline, there was significant growth in supplies from abroad of particle board and similar board of ligneous materials (excluding wood), when their volume increased by 88% to X cubic meters. Over the period under review, imports, however, continue to indicate a deep reduction. Over the period under review, imports of hit record highs at X cubic meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) skyrocketed to $X in 2021. Overall, imports, however, saw a deep reduction. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Egypt (X cubic meters) and the United Arab Emirates (X cubic meters) represented the key importers of particle board and similar board of ligneous materials (excluding wood) in 2021, amounting to approx. 30% and 26% of total imports, respectively. Saudi Arabia (X cubic meters) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Lebanon (6.4%). Bahrain (X cubic meters), Iraq (X cubic meters), Djibouti (X cubic meters), Jordan (X cubic meters), Morocco (X cubic meters) and Algeria (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Egypt (with a CAGR of +69.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2021, together comprising 66% of total imports.

Among the main importing countries, Egypt, with a CAGR of +67.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per cubic meter in 2021, remaining stable against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by 58% against the previous year. As a result, import price reached the peak level of $X per cubic meter, leveling off in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Iraq ($X per cubic meter), while Lebanon ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+11.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform