MENA: Market for Wood Chips And Particles 2025

Market Size for Wood Chips And Particles in MENA

In 2022, the MENA's wood chips and particles market increased by 11% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, showed a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Wood Chips And Particles in MENA

In value terms, wood chips and particles production contracted sharply to $X in 2022 estimated in export price. In general, production saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 340% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Wood Chips And Particles

Exports in MENA

In 2022, approx. X cubic meters of wood chips and particles were exported in MENA; increasing by 3.2% against 2021. Overall, exports showed perceptible growth. The most prominent rate of growth was recorded in 2018 when exports increased by 137%. As a result, the exports attained the peak of X cubic meters. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood chips and particles exports dropped to $X in 2022. In general, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of 96%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt was the major exporting country with an export of about X cubic meters, which recorded 55% of total exports. Lebanon (X cubic meters) took the second position in the ranking, distantly followed by Turkey (X cubic meters) and Israel (X cubic meters). All these countries together took near 37% share of total exports. The United Arab Emirates (X cubic meters) and Morocco (X cubic meters) followed a long way behind the leaders.

Exports from Egypt increased at an average annual rate of +12.6% from 2012 to 2022. At the same time, Lebanon (+58.2%), Turkey (+54.5%) and Morocco (+3.6%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in MENA, with a CAGR of +58.2% from 2012-2022. By contrast, the United Arab Emirates (-18.8%) and Israel (-35.7%) illustrated a downward trend over the same period. Egypt (+32 p.p.), Lebanon (+20 p.p.), Turkey (+11 p.p.) and Israel (+5 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -43.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lebanon ($X), the United Arab Emirates ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 71% of total exports.

Turkey, with a CAGR of +48.6%, recorded the highest rates of growth with regard to 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

In 2022, the export price in MENA amounted to $X per cubic meter, falling by -13% against the previous year. In general, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of 155%. As a result, the export price attained the peak level of $X per cubic meter. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Egypt ($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 (+7.8%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips And Particles

Imports in MENA

In 2022, overseas purchases of wood chips and particles were finally on the rise to reach X cubic meters after three years of decline. Over the period under review, imports, however, saw a deep slump. The volume of import peaked at X cubic meters in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, wood chips and particles imports surged to $X in 2022. In general, imports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 38%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey dominates imports structure, recording X cubic meters, which was near 96% of total imports in 2022. The United Arab Emirates (X cubic meters) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood chips and particles imports into Turkey stood at -17.3%. At the same time, the United Arab Emirates (+2.0%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in MENA, with a CAGR of +2.0% from 2012-2022. From 2012 to 2022, the share of Turkey decreased by -2.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported wood chips and particles in MENA, comprising 90% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 2.7% share of total imports.

In Turkey, wood chips and particles imports declined by an average annual rate of -16.1% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per cubic meter, dropping by -25.2% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood chips and particles import price increased by +34.3% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by 63%. As a result, import price reached the peak level of $X per cubic meter, and then shrank sharply in the following year.

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 the United Arab Emirates ($X per cubic meter), while Turkey 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 (+2.7%).

Source: IndexBox Platform