Middle East: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in the Middle East

The Middle Eastern market for wood chips, particles and residues reduced markedly to $X in 2021, with a decrease of -X% against the previous year. In general, consumption continues to indicate a deep setback. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Wood Chips, Particles And Residues in the Middle East

In value terms, wood chips, particles and residues production dropped dramatically to $X in 2021 estimated in export price. Overall, production continues to indicate a sharp shrinkage. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Production By Country in the Middle East

Turkey (X tons) remains the largest wood chips, particles and residues producing country in the Middle East, accounting for X% of total volume. Moreover, wood chips, particles and residues production in Turkey exceeded the figures recorded by the second-largest producer, Yemen (X tons), eightfold.

In Turkey, wood chips, particles and residues production decreased by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Yemen (X% per year) and Qatar (+X% per year).

Exports of Wood Chips, Particles And Residues

Exports in the Middle East

In 2021, approx. X tons of wood chips, particles and residues were exported in the Middle East; shrinking by -X% compared with 2020. Overall, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood chips, particles and residues exports fell rapidly to $X in 2021. In general, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates dominates exports structure, resulting at X tons, which was near X% of total exports in 2021. The following exporters - Lebanon (X kg), Iran (X kg), Turkey (X kg), Bahrain (X kg) and Oman (X kg) - together made up X% of total exports.

The United Arab Emirates was also the fastest-growing in terms of the wood chips, particles and residues exports, with a CAGR of -X% from 2012 to 2021. Bahrain (-X%), Lebanon (-X%), Iran (-X%), Oman (-X%) and Turkey (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Iran (-X p.p.), Oman (-X p.p.) and Turkey (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) emerged as the largest wood chips, particles and residues supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by Lebanon ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, wood chips, particles and residues exports shrank by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Lebanon (+X% per year) and Turkey (-X% per year).

Export Prices by Country

The and residues in the Middle East stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+X%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports in the Middle East

In 2021, the amount of wood chips, particles and residues imported in the Middle East dropped notably to X tons, waning by -X% compared with the previous year. Overall, imports showed a sharp decrease. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth imports failed to regain momentum.

In value terms, wood chips, particles and residues imports shrank markedly to $X in 2021. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth imports failed to regain momentum.

Imports by Country

Turkey prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2021. The United Arab Emirates (X tons) took a minor share of total imports.

Imports into Turkey decreased at an average annual rate of -X% from 2012 to 2021. the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Turkey (-X p.p.) displayed negative dynamics.

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

From 2012 to 2021, the average annual growth rate of value in Turkey stood at -X%.

Import Prices by Country

The and residues in the Middle East stood at $X per ton in 2021, jumping by X% against the previous year. Import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood chips, particles and residues import price increased by +X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%).

Source: IndexBox Platform

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