MENA: Wood Pellets Market 2025

Wood Pellets Market Size in MENA

The MENA's wood pellets market rose markedly to $X in 2022, picking up by 9.5% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -11.1% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Wood Pellets Production in MENA

In value terms, wood pellets production reached $X in 2022 estimated in export price. Over the period under review, production recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 79% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Wood Pellets Exports

Exports in MENA

In 2022, wood pellets exports in MENA surged to X tons, with an increase of 457% on 2021 figures. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood pellets exports surged to $X in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, reaching X tons, which was approx. 94% of total exports in 2022. Tunisia (X tons) and Bahrain (X tons) took a little share of total exports.

Turkey was also the fastest-growing in terms of the wood pellets exports, with a CAGR of +251.8% from 2012 to 2022. At the same time, Bahrain (+78.8%) and Tunisia (+42.6%) displayed positive paces of growth. From 2012 to 2022, the share of Turkey and Bahrain increased by +94 and +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest wood pellets supplier in MENA, comprising 92% of total exports. The second position in the ranking was taken by Tunisia ($X), with a 3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to +202.6%. In the other countries, the average annual rates were as follows: Tunisia (+43.8% per year) and Bahrain (+110.1% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, growing by 27% against the previous year. Over the period under review, the export price, however, continues to indicate a slight downturn. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+17.4%), while the other leaders experienced mixed trends in the export price figures.

Wood Pellets Imports

Imports in MENA

In 2022, the amount of wood pellets imported in MENA soared to X tons, jumping by 199% against 2021 figures. Overall, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood pellets imports skyrocketed to $X in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey was the key importing country with an import of around X tons, which resulted at 69% of total imports. It was distantly followed by Israel (X tons), comprising a 21% share of total imports. The following importers - Jordan (X tons) and the United Arab Emirates (X tons) - together made up 5.3% of total imports.

Turkey was also the fastest-growing in terms of the wood pellets imports, with a CAGR of +65.5% from 2012 to 2022. At the same time, Israel (+46.7%), Jordan (+21.9%) and the United Arab Emirates (+6.1%) displayed positive paces of growth. From 2012 to 2022, the share of Turkey and Israel increased by +66 and +18 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported wood pellets in MENA, comprising 89% of total imports. The second position in the ranking was taken by Israel ($X), with a 6.6% share of total imports. It was followed by the United Arab Emirates, with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to +77.6%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+27.5% per year) and the United Arab Emirates (+10.5% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, rising by 234% against the previous year. Over the period under review, the import price showed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Turkey ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform