Middle East: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in the Middle East

After six years of growth, the Middle Eastern wood fuel (non-coniferous) market decreased by -X% to $X in 2020. The total consumption indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2019, and then fell in the following year.

Wood Fuel (Non-Coniferous) Production in the Middle East

In value terms, wood fuel (non-coniferous) production shrank to $X in 2020 estimated in export prices. The total production indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. The level of production peaked at $X in 2019, and then reduced in the following year.

Production By Country in the Middle East

Turkey (X cubic meters) constituted the country with the largest volume of wood fuel (non-coniferous) production, accounting for X% of total volume. Moreover, wood fuel (non-coniferous) production in Turkey exceeded the figures recorded by the second-largest producer, Yemen (X cubic meters), fivefold. The third position in this ranking was occupied by Jordan (X cubic meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Turkey totaled +X%. In the other countries, the average annual rates were as follows: Yemen (+X% per year) and Jordan (+X% per year).

Wood Fuel (Non-Coniferous) Exports

Exports in the Middle East

In 2020, wood fuel (non-coniferous) exports in the Middle East soared to X cubic meters, with an increase of X% compared with the year before. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. The volume of export peaked in 2020 and is likely to see steady growth in years to come.

In value terms, wood fuel (non-coniferous) exports soared to $X in 2020. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2020 and are likely to continue growth in the near future.

Exports by Country

Turkey (X cubic meters) and Oman (X cubic meters) represented roughly X% of total exports of wood fuel (non-coniferous) in 2020.

From 2007 to 2020, the biggest increases were in Turkey.

In value terms, Turkey ($X) and Oman ($X) were the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

Turkey saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2020, the wood fuel (non-coniferous) export price in the Middle East amounted to $X per cubic meter, declining by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. Over the period under review, export prices hit record highs at $X per cubic meter in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Oman ($X per cubic meter), while Turkey totaled $X per cubic meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey.

Wood Fuel (Non-Coniferous) Imports

Imports in the Middle East

In 2020, supplies from abroad of wood fuel (non-coniferous) decreased by -X% to X cubic meters, falling for the sixth consecutive year after two years of growth. Overall, imports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X cubic meters in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, wood fuel (non-coniferous) imports dropped dramatically to $X in 2020. Over the period under review, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Israel represented the largest importer of wood fuel (non-coniferous) in the Middle East, with the volume of imports accounting for X cubic meters, which was approx. X% of total imports in 2020. The United Arab Emirates (X cubic meters) occupied the second position in the ranking, followed by Saudi Arabia (X cubic meters), Turkey (X cubic meters) and Iraq (X cubic meters). All these countries together occupied near X% share of total imports. The following importers - Iran (X cubic meters) and Oman (X cubic meters) - each recorded a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to wood fuel (non-coniferous) imports into Israel stood at +X%. At the same time, Oman (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. Iraq experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%), Iran (-X%) and Turkey (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Israel, Saudi Arabia, the United Arab Emirates, Iraq and Oman increased by +X%, +X%, +X%, +X% and +X% percentage points, while Turkey (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) constitutes the largest market for imported wood fuel (non-coniferous) in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Israel totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

In 2020, the wood fuel (non-coniferous) import price in the Middle East amounted to $X per cubic meter, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per cubic meter in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per cubic meter), while Iraq ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform