Middle East: Market for Wood Chips And Particles 2025

Market Size for Wood Chips And Particles in the Middle East

In 2022, the Middle Eastern wood chips and particles market increased by 15% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, faced a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Wood Chips And Particles in the Middle East

In value terms, wood chips and particles production reduced sharply to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 255%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Wood Chips And Particles

Exports in the Middle East

In 2022, shipments abroad of wood chips and particles increased by 17% to X cubic meters, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2015 when exports increased by 470% against the previous year. Over the period under review, the exports reached the maximum at X cubic meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood chips and particles exports expanded remarkably to $X in 2022. Overall, exports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2015 with an increase of 119%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X cubic meters) was the major exporter of wood chips and particles, generating 61% of total exports. Turkey (X cubic meters) ranks second in terms of the total exports with a 28% share, followed by Lebanon (7.1%).

From 2012 to 2022, average annual rates of growth with regard to wood chips and particles exports from the United Arab Emirates stood at -5.8%. At the same time, Turkey (+55.8%) and Lebanon (+36.1%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +55.8% from 2012-2022. While the share of Turkey (+27 p.p.) and Lebanon (+6.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (-15 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest wood chips and particles supplier in the Middle East, comprising 71% of total exports. The second position in the ranking was held by Turkey ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to -3.3%. In the other countries, the average annual rates were as follows: Turkey (+48.6% per year) and Lebanon (+10.1% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per cubic meter, with a decrease of -3.1% against the previous year. Over the period under review, the export price, however, enjoyed a slight expansion. The pace of growth was the most pronounced in 2019 an increase of 215% against the previous year. The level of export peaked at $X per cubic meter in 2020; however, from 2021 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 the United Arab Emirates ($X per cubic meter), while Turkey ($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 (+2.6%), while the other leaders experienced a decline in the export price figures.

Imports of Wood Chips And Particles

Imports in the Middle East

In 2022, purchases abroad of wood chips and particles increased by 69% to X cubic meters for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, continue to indicate a abrupt decline. Over the period under review, imports attained the peak figure at X cubic meters in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, wood chips and particles imports surged to $X in 2022. Over the period under review, imports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of 38% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey prevails in imports structure, reaching X cubic meters, which was approx. 97% of total imports in 2022. The United Arab Emirates (X cubic meters) followed a long way behind the leaders.

Imports into Turkey decreased at an average annual rate of -17.3% from 2012 to 2022. At the same time, the United Arab Emirates (+3.5%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +3.5% from 2012-2022. While the share of the United Arab Emirates (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkey (-3 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported wood chips and particles in the Middle East, comprising 91% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 3.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled -16.1%.

Import Prices by Country

The import price in the Middle East stood at $X per cubic meter in 2022, declining by -24.4% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +33.9% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 65% against the previous year. As a result, import price reached the peak level of $X per cubic meter, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Turkey totaled $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 (+4.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :