Oman: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Oman

In 2022, the Omani market for saw logs and veneer logs increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, showed a pronounced slump. Saw logs and veneer logs consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs in Oman

In value terms, saw logs and veneer logs production totaled $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume decreased by X% against the previous year. Saw logs and veneer logs production peaked in 2022 and is likely to see steady growth in the near future.

Exports of Saw Logs And Veneer Logs

Exports from Oman

In 2022, saw logs and veneer logs exports from Oman skyrocketed to X cubic meters, with an increase of X% compared with the year before. Over the period under review, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X cubic meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, saw logs and veneer logs exports soared to $X in 2022. Overall, exports recorded a strong increase. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Yemen (X cubic meters), the United Arab Emirates (X cubic meters) and Qatar (X cubic meters) were the main destinations of saw logs and veneer logs exports from Oman, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Yemen (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for saw logs and veneer logs exported from Oman were Yemen ($X), the United Arab Emirates ($X) and Qatar ($X), with a combined X% share of total exports.

Among the main countries of destination, Yemen, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for saw logs and veneer logs stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per cubic meter), while the average price for exports to Yemen ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports into Oman

In 2022, purchases abroad of saw logs and veneer logs increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. In general, total imports indicated a mild 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, saw logs and veneer logs imports contracted to $X in 2022. Over the period under review, imports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X cubic meters) constituted the largest supplier of saw logs and veneer logs to Oman, with a X% share of total imports. Moreover, saw logs and veneer logs imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), sixfold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of saw logs and veneer logs to Oman, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs amounted to $X per cubic meter, declining by X% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per cubic meter), while the price for the United States ($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 India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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