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Report Saudi Arabia - Casks, Barrels, Vats, Tubs, and Coopers Products of Wood - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Saudi Arabia - Casks, Barrels, Vats, Tubs, and Coopers Products of Wood - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Wood Barrel Market 2024

Wood Barrel Market Size in Saudi Arabia

The Saudi wood barrel market stood at $X in 2022, rising by 3.2% against the previous year. Overall, consumption recorded a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wood Barrel Production in Saudi Arabia

In value terms, wood barrel production rose to $X in 2022 estimated in export price. Overall, production recorded a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of 38% against the previous year. Wood barrel production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Wood Barrel Exports

Exports from Saudi Arabia

In 2022, approx. X units of casks, barrels, vats, tubs, and coopers products of wood were exported from Saudi Arabia; picking up by 1,690% on 2021 figures. In general, exports, however, continue to indicate a deep reduction. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wood barrel exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt descent. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X units) was the main destination for wood barrel exports from Saudi Arabia, with a approx. 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland was relatively modest.

In value terms, Ireland ($X) emerged as the key foreign market for casks, barrels, vats, tubs, and coopers products of wood exports from Saudi Arabia.

From 2012 to 2022, the average annual growth rate of value to Ireland was relatively modest.

Export Prices by Country

The average wood barrel export price stood at $X per unit in 2022, declining by -41.3% against the previous year. In general, the export price recorded a slight setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 112% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Ireland.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +89.2% per year.

Wood Barrel Imports

Imports into Saudi Arabia

In 2021, overseas purchases of casks, barrels, vats, tubs, and coopers products of wood increased by 126% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2020 when imports increased by 147% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, wood barrel imports contracted to $X in 2021. Over the period under review, imports posted a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 346% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main wood barrel supplier to Saudi Arabia, with a 93% share of total imports. Moreover, wood barrel imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The third position in this ranking was taken by Serbia (X units), with an 8.8% share.

From 2013 to 2021, the average annual growth rate of volume from China stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (0.0% per year) and Serbia (0.0% per year).

In value terms, China ($X) constituted the largest supplier of casks, barrels, vats, tubs, and coopers products of wood to Saudi Arabia, comprising 54% of total imports. The second position in the ranking was held by the United States ($X), with a 25% share of total imports. It was followed by Serbia, with an 11% share.

From 2013 to 2021, the average annual rate of growth in terms of value from China stood at -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+175.4% per year) and Serbia (0.0% per year).

Import Prices by Country

In 2021, the average wood barrel import price amounted to $X per unit, falling by -56.8% against the previous year. In general, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 253%. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+63.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of wood barrel consumption, comprising approx. 19% of total volume. Moreover, wood barrel consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by the UK, with an 8.7% share.
The country with the largest volume of wood barrel production was China, comprising approx. 24% of total volume. Moreover, wood barrel production in China exceeded the figures recorded by the second-largest producer, France, fourfold. The third position in this ranking was occupied by Indonesia, with a 5.2% share.
In value terms, the largest wood barrel suppliers to Saudi Arabia were China, Lebanon and the UK, together accounting for 81% of total imports. These countries were followed by the United States, Vietnam, India and the United Arab Emirates, which together accounted for a further 10%.
In value terms, Sudan, Yemen and Kuwait appeared to be the largest markets for wood barrel exported from Saudi Arabia worldwide, with a combined 89% share of total exports.
The average wood barrel export price stood at $2 per unit in 2021, therefore, remained relatively stable against the previous year.
In 2021, the average wood barrel import price amounted to $18 per unit, shrinking by -33.8% against the previous year.

This report provides an in-depth analysis of the wood barrel market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)

Country coverage:

  • Saudi Arabia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Saudi Arabia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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