Report Update Nov 1, 2024

Saudi Arabia - Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Saudi Arabia

In 2022, after two years of decline, there was decline in the Saudi coniferous roundwood market, when its value decreased by 0% to $X. In general, consumption posted a significant increase. The pace of growth was the most pronounced in 2020 when the market value decreased by 99.9%. Coniferous roundwood consumption peaked in 2022 and is likely to see gradual growth in years to come.

Coniferous Roundwood Production in Saudi Arabia

In value terms, coniferous roundwood production rose markedly to $X in 2022 estimated in export price. In general, production showed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 70%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Coniferous Roundwood Exports

Exports from Saudi Arabia

After two years of decline, shipments abroad of roundwood (coniferous) decreased by 0% to X cubic meters in 2022. Overall, exports recorded a sharp decline. The smallest decline of 99.9% was in 2020. The exports peaked at X cubic meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, coniferous roundwood exports amounted to $X in 2022. In general, exports faced a deep reduction. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain (X cubic meters) was the main destination for coniferous roundwood exports from Saudi Arabia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain amounted to -22.6%.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain totaled -14.0%.

Export Prices by Country

The average coniferous roundwood export price stood at $X per cubic meter in 2022, approximately mirroring the previous year. Over the period under review, the export price saw a buoyant expansion. The growth pace was the most rapid in 2020 a decrease of 99.9%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +11.1% per year.

Coniferous Roundwood Imports

Imports into Saudi Arabia

Coniferous roundwood imports into Saudi Arabia amounted to X cubic meters in 2021, therefore, remained relatively stable against the previous year. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 598%. Imports peaked at X cubic meters in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, coniferous roundwood imports amounted to $X in 2021. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 625% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Lithuania (X cubic meters) constituted the largest coniferous roundwood supplier to Saudi Arabia, accounting for a 85% share of total imports. Moreover, coniferous roundwood imports from Lithuania exceeded the figures recorded by the second-largest supplier, Indonesia (X cubic meters), more than tenfold. The United States (X cubic meters) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Lithuania was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (0.0% per year) and the United States (-49.4% per year).

In value terms, the largest coniferous roundwood suppliers to Saudi Arabia were the United States ($X), Spain ($X) and Lithuania ($X), with a combined 87% share of total imports. France, Indonesia and China lagged somewhat behind, together comprising a further 13%.

Indonesia, with a CAGR of 0.0%, recorded the highest rates of growth with regard to 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 coniferous roundwood import price amounted to $X per cubic meter, leveling off at the previous year. Over the period under review, the import price showed a significant increase. The growth pace was the most rapid in 2013 an increase of 42% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per cubic meter), while the price for Lithuania ($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 the United States (+50.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for roundwood (coniferous) in the world?

The countries with the highest volumes of coniferous roundwood consumption in 2021 were the United States, China and Russia, together accounting for 46% of global consumption.

What are the largest producers of roundwood (coniferous) in the world?

The countries with the highest volumes of coniferous roundwood production in 2021 were the United States, Russia and Canada, with a combined 44% share of global production. These countries were followed by China, Sweden, Germany, Finland, New Zealand, Brazil, Poland, the Czech Republic, Chile and Japan, which together accounted for a further 34%.

What are the leading suppliers of roundwood (coniferous) to Saudi Arabia?

In value terms, Greece constituted the largest supplier of coniferous roundwood to Saudi Arabia, comprising 85% of total imports. The second position in the ranking was occupied by Bosnia and Herzegovina, with a 15% share of total imports.

What is the average export price for roundwood (coniferous) in Saudi Arabia?

In 2016, the average coniferous roundwood export price amounted to $339 per cubic meter, shrinking by -5.6% against the previous year.

What is the average import price for roundwood (coniferous) in Saudi Arabia?

The average coniferous roundwood import price stood at $38 per cubic meter in 2020, leveling off at the previous year.

This report provides an in-depth analysis of the coniferous roundwood 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 1862 -

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