Qatar: Densified Wood Market 2025

Densified Wood Market Size in Qatar

In 2022, the Qatari densified wood market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a deep downturn. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Densified Wood Production in Qatar

In value terms, densified wood production stood at $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume decreased by 99.9% against the previous year. Densified wood production peaked in 2022 and is expected to retain growth in years to come.

Densified Wood Exports

Exports from Qatar

Densified wood exports from Qatar soared to X tons in 2018, rising by 411% on the previous year. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 1,340%. The exports peaked at X tons in 2016; however, from 2017 to 2018, the exports failed to regain momentum.

In value terms, densified wood exports surged to $X in 2018. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 1,925% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons) was the main destination for densified wood exports from Qatar, with a 61% share of total exports. Moreover, densified wood exports to Oman exceeded the volume sent to the second major destination, Mauritius (X tons), threefold.

From 2012 to 2018, the average annual growth rate of volume to Oman stood at +244.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (0.0% per year) and Kuwait (+285.4% per year).

In value terms, the largest markets for densified wood exported from Qatar were Kuwait ($X), Oman ($X) and Mauritius ($X).

Kuwait, with a CAGR of +247.2%, 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

The average densified wood export price stood at $X per ton in 2018, which is down by -25.7% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 41%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2018, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-9.9%), while the prices for the other major destinations experienced a decline.

Densified Wood Imports

Imports into Qatar

In 2022, purchases abroad of densified wood increased by 118% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a noticeable downturn. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, densified wood imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt downturn. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Latvia (X tons), Germany (X tons) and China (X tons) were the main suppliers of densified wood imports to Qatar, together comprising 91% of total imports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +78.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest densified wood suppliers to Qatar were Latvia ($X), Germany ($X) and China ($X), with a combined 85% share of total imports.

Among the main suppliers, Latvia, with a CAGR of +50.4%, recorded the highest growth rate of 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

In 2022, the average densified wood import price amounted to $X per ton, surging by 88% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Turkey ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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