Middle East: Sawnwood Market 2025

Sawnwood Market Size in the Middle East

After two years of growth, the Middle Eastern sawnwood market decreased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a pronounced setback. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Sawnwood Production in the Middle East

In value terms, sawnwood production totaled $X in 2022 estimated in export price. In general, production, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sawnwood Exports

Exports in the Middle East

In 2022, approx. X cubic meters of sawnwood were exported in the Middle East; which is down by X% on 2021 figures. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sawnwood exports contracted notably to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Turkey represented the major exporting country with an export of around X cubic meters, which reached X% of total exports. It was distantly followed by the United Arab Emirates (X cubic meters), comprising a X% share of total exports. Saudi Arabia (X cubic meters) took a relatively small share of total exports.

Turkey was also the fastest-growing in terms of the sawnwood exports, with a CAGR of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) displayed positive paces of growth. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sawnwood supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), together comprising X% of total exports.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 the Middle East amounted to $X per cubic meter, increasing by X% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood 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 ($X per cubic meter), while Turkey ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

Sawnwood Imports

Imports in the Middle East

In 2022, imports of sawnwood in the Middle East reached X cubic meters, with an increase of X% on the previous year's figure. Total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of X cubic meters. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sawnwood imports shrank to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

Saudi Arabia dominates imports structure, amounting to X cubic meters, which was near X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X cubic meters), constituting an X% share of total imports. Israel (X cubic meters), Turkey (X cubic meters), Qatar (X cubic meters), Bahrain (X cubic meters), Iraq (X cubic meters), Oman (X cubic meters) and Kuwait (X cubic meters) followed a long way behind the leaders.

Imports into Saudi Arabia increased at an average annual rate of X% from 2012 to 2022. At the same time, Bahrain (X%), Iraq (X%), Oman (X%), Qatar (X%), Kuwait (X%), Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total imports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Turkey, Oman, Kuwait, Iraq, Qatar and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Oman, with a CAGR of X%, 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 the Middle East stood at $X per cubic meter in 2022, waning by X% against the previous year. Over the period under review, the import price continues to indicate a slight descent. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per cubic meter in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per cubic meter), while Saudi Arabia ($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 Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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