Report Update Nov 1, 2024

Saudi Arabia - Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Particle Board Market 2024

Particle Board Market Size in Saudi Arabia

In 2022, after four years of growth, there was significant decline in the Saudi particle board market, when its value decreased by 99.9% to less than $X. In general, consumption continues to indicate a mild expansion. Particle board consumption peaked at $X in 2021, and then shrank dramatically in the following year.

Particle Board Production in Saudi Arabia

In value terms, particle board production totaled $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. Particle board production peaked in 2022 and is expected to retain growth in the near future.

Particle Board Exports

Exports from Saudi Arabia

In 2022, shipments abroad of particle board decreased by -10.3% to X cubic meters, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2020 when exports increased by 91%. The exports peaked at X cubic meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, particle board exports declined modestly to $X in 2022. In general, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2017 with an increase of 81%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bahrain (X cubic meters), Jordan (X cubic meters) and Germany (X cubic meters) were the main destinations of particle board exports from Saudi Arabia, with a combined 88% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Jordan (with a CAGR of +23.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bahrain ($X), Germany ($X) and Denmark ($X) were the largest markets for particle board exported from Saudi Arabia worldwide, together comprising 73% of total exports. Jordan, Poland, Egypt and Kuwait lagged somewhat behind, together comprising a further 27%.

Among the main countries of destination, Jordan, with a CAGR of +21.1%, saw the highest growth rate of the value of exports, 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 particle board export price amounted to $X per cubic meter, surging by 6.4% against the previous year. Overall, the export price recorded a modest expansion. The growth pace was the most rapid in 2017 an increase of 101%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2018; however, from 2019 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 Egypt ($X per cubic meter), while the average price for exports to Jordan ($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 Egypt (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Saudi Arabia

In 2021, purchases abroad of particle board increased by 24% to X cubic meters, rising for the fourth year in a row after two years of decline. Over the period under review, imports saw strong growth. The pace of growth was the most pronounced in 2014 with an increase of 54%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, particle board imports surged to $X in 2021. In general, imports enjoyed a slight expansion. The growth pace was the most rapid in 2014 with an increase of 52%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X cubic meters), Italy (X cubic meters) and Spain (X cubic meters) were the main suppliers of particle board imports to Saudi Arabia, together accounting for 56% of total imports. Romania, Germany, India, Bulgaria and Thailand lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +41.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest particle board suppliers to Saudi Arabia were Italy ($X), China ($X) and Spain ($X), with a combined 54% share of total imports.

Spain, with a CAGR of +35.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average particle board import price amounted to $X per cubic meter, with an increase of 11% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for India ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+221.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for particle boards in the world?

The countries with the highest volumes of particle board consumption in 2021 were China, the United States and Germany, together comprising 53% of global consumption.

What are the largest producers of particle boards in the world?

The countries with the highest volumes of particle board production in 2021 were China, the United States and Canada, together accounting for 47% of global production.

What are the leading suppliers of particle boards to Saudi Arabia?

In value terms, the largest particle board suppliers to Saudi Arabia were Romania, China and the United Arab Emirates, with a combined 48% share of total imports. Turkey, Germany, Italy, Spain, Switzerland and Thailand lagged somewhat behind, together comprising a further 43%.

What are the leading importers of particle boards from Saudi Arabia?

In value terms, Germany emerged as the key foreign market for particle board exports from Saudi Arabia, comprising 37% of total exports. The second position in the ranking was occupied by Bahrain, with a 6.4% share of total exports. It was followed by Egypt, with a 6% share.

What is the average export price for particle boards in Saudi Arabia?

The average particle board export price stood at $691 per cubic meter in 2021, surging by 9.6% against the previous year.

What is the average import price for particle boards in Saudi Arabia?

The average particle board import price stood at $282 per cubic meter in 2021, reducing by -3% against the previous year.

This report provides an in-depth analysis of the particle board 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:

FCL 1697 - Particle board
FCL 1606 - OSB

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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