Report Update Feb 1, 2025

Saudi Arabia - Waferboard - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Waferboard Market 2025

Waferboard Market Size in Saudi Arabia

For the fifth year in a row, the Saudi waferboard market recorded growth in sales value, which increased by 40% to $X in 2021. Over the period under review, consumption showed significant growth. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Waferboard Exports

Exports by Country

The United Arab Emirates (X cubic meters), Bahrain (X cubic meters) and Jordan (X cubic meters) were the main destinations of waferboard exports from Saudi Arabia, with a combined 100% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +173.7%), while the other leaders experienced mixed trend patterns.

In value terms, Bahrain ($X) remains the key foreign market for waferboards exports from Saudi Arabia, comprising 62% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 28% share of total exports. It was followed by Jordan, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bahrain stood at +112.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-16.1% per year) and Jordan (0.0% per year).

Export Prices by Country

The average waferboard export price stood at $X per cubic meter in 2021, dropping by -29.3% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 27%. The export price peaked at $X per cubic meter in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to the United Arab Emirates ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+69.1%), while the prices for the other major destinations experienced more modest paces of growth.

Waferboard Imports

Imports into Saudi Arabia

In 2021, imports of waferboards into Saudi Arabia skyrocketed to X cubic meters, growing by 26% compared with 2020 figures. In general, imports showed a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 70%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, waferboard imports surged to $X in 2021. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 84%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X cubic meters), Spain (X cubic meters) and Italy (X cubic meters) were the main suppliers of waferboard imports to Saudi Arabia, together comprising 54% of total imports. Romania, Germany, India and Bulgaria lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +38.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Spain ($X) appeared to be the largest waferboard suppliers to Saudi Arabia, with a combined 51% share of total imports. Romania, Germany, Bulgaria and India lagged somewhat behind, together accounting for a further 34%.

In terms of the main suppliers, India, with a CAGR of +42.1%, 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

The average waferboard import price stood at $X per cubic meter in 2021, increasing by 12% against the previous year. Overall, the import price, however, saw a perceptible decrease. The import price peaked at $X per cubic meter in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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 Bulgaria (+29.7%), 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 waferboards in the world?

China remains the largest waferboard consuming country worldwide, accounting for 29% of total volume. Moreover, waferboard consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Russia ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of waferboards in the world?

The country with the largest volume of waferboard production was China, accounting for 29% of total volume. Moreover, waferboard production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Russia, with a 7.1% share.

What are the leading suppliers of waferboards to Saudi Arabia?

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

What are the leading importers of waferboards from Saudi Arabia?

In value terms, Germany, Egypt and Yemen $63) appeared to be the largest markets for waferboard exported from Saudi Arabia worldwide, together comprising 99% of total exports.

What is the average export price for waferboards in Saudi Arabia?

In 2021, the average waferboard export price amounted to $540 per cubic meter, with an increase of 188% against the previous year.

What is the average import price for waferboards in Saudi Arabia?

In 2021, the average waferboard import price amounted to $284 per cubic meter, rising by 3.5% against the previous year.

This report provides an in-depth analysis of the waferboard 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 16211313 - Particle board, of wood

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024