MENA: Market for Saw Logs And Veneer Logs (Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Coniferous) in MENA

The MENA's market for saw logs and veneer logs (coniferous) shrank slightly to $X in 2021, with a decrease of -2.9% against the previous year. Overall, consumption recorded a pronounced reduction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Coniferous) in MENA

In value terms, production of saw logs and veneer logs (coniferous) fell to $X in 2021 estimated in export price. In general, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production of growth remained at a lower figure.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports in MENA

In 2021, the amount of saw logs and veneer logs (coniferous) exported in MENA declined to X cubic meters, shrinking by -13% on 2020. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 116% against the previous year. Over the period under review, the exports of attained the peak figure at X cubic meters in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) contracted to $X in 2021. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 90% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Turkey (X cubic meters) was the main exporter of saw logs and veneer logs (coniferous), constituting 65% of total exports. It was distantly followed by the United Arab Emirates (X cubic meters), Egypt (X cubic meters) and Jordan (X cubic meters), together constituting a 34% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to saw logs and veneer logs (coniferous) exports from Turkey stood at +27.6%. At the same time, Jordan (+39.5%), Egypt (+11.2%) and the United Arab Emirates (+9.3%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of +39.5% from 2012-2021. From 2012 to 2021, the share of Turkey and Jordan increased by +33 and +6.5 percentage points, respectively.

In value terms, the largest saw logs and veneer logs (coniferous) supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Jordan ($X), with a combined 93% share of total exports.

Jordan, with a CAGR of +33.0%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per cubic meter in 2021, increasing by 7.5% against the previous year. Overall, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2018 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Egypt ($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 Egypt (+3.2%), while the other leaders experienced a decline in the export price figures.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports in MENA

In 2021, overseas purchases of saw logs and veneer logs (coniferous) increased by 13% to X cubic meters for the first time since 2015, thus ending a five-year declining trend. In general, imports, however, continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2014 when imports increased by 49%. The volume of import peaked at X cubic meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) skyrocketed to $X in 2021. Over the period under review, imports, however, faced a dramatic setback. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X cubic meters), Algeria (X cubic meters) and Morocco (X cubic meters) represented the largest importer of saw logs and veneer logs (coniferous) in MENA, generating 81% of total import. Turkey (X cubic meters) ranks next in terms of the total imports with a 7.1% share, followed by Israel (6.8%). Oman (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Algeria (with a CAGR of +62.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Morocco ($X) and Algeria ($X) constituted the countries with the highest levels of imports in 2021, with a combined 74% share of total imports.

In terms of the main importing countries, Algeria, with a CAGR of +54.0%, 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 more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per cubic meter in 2021, surging by 6.6% against the previous year. Import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the import price increased by 107%. Over the period under review, import prices hit record highs at $X per cubic meter in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per cubic meter), while Algeria ($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 the United Arab Emirates (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform