Oman: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Oman

The Omani market for saw logs and veneer logs (non-coniferous) contracted remarkably to $X in 2022, waning by -99.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a significant curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Oman

In 2022, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were exported from Oman; growing by 198% compared with the previous year's figure. Overall, exports saw prominent growth. The growth pace was the most rapid in 2019 when exports increased by 1,049%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of saw logs and veneer logs (non-coniferous) soared to $X in 2022. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 1,438% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports of 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 exports of saw logs and veneer logs (non-coniferous) from Oman, together accounting for 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of +28.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saw logs and veneer logs (non-coniferous) exported from Oman were Yemen ($X), the United Arab Emirates ($X) and Qatar ($X), together comprising 99% of total exports.

Yemen, with a CAGR of +32.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, dropping by -19.3% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per cubic meter), while the average price for exports to Yemen ($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 the Netherlands (+200.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Oman

In 2022, the amount of saw logs and veneer logs (non-coniferous) imported into Oman shrank significantly to X cubic meters, waning by -64.5% against 2021 figures. Overall, imports recorded a sharp curtailment. The pace of growth was the most pronounced in 2014 with an increase of 14%. As a result, imports attained the peak of X cubic meters. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of saw logs and veneer logs (non-coniferous) contracted dramatically to $X in 2022. In general, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2014 with an increase of 11%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to Oman, with a 50% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Malaysia (X cubic meters), threefold. The third position in this ranking was held by India (X cubic meters), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-21.7% per year) and India (-21.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Oman, comprising 57% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 16% share of total imports. It was followed by India, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-19.4% per year) and India (-19.1% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2022, shrinking by -8.2% against the previous year. In general, the import price showed a noticeable curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while the price for Congo ($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 Malaysia (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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