Report Update Nov 1, 2024

Saudi Arabia - Wood Chips and Particles - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Saudi Arabia

In 2022, the Saudi wood chips and particles market increased by 12% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed resilient growth. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Wood Chips And Particles in Saudi Arabia

In value terms, wood chips and particles production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 15% against the previous year. Wood chips and particles production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Wood Chips And Particles

Exports from Saudi Arabia

In 2021, the amount of wood chips and particles exported from Saudi Arabia soared to X cubic meters, rising by 6,200% compared with 2020. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood chips and particles exports skyrocketed to $X in 2021. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X cubic meters) was the main destination for wood chips and particles exports from Saudi Arabia, accounting for a approx. 52% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Singapore was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore was relatively modest.

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2021, reducing by -44.7% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 1,447% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2017 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Sudan amounted to -18.5% per year.

Imports of Wood Chips And Particles

Imports into Saudi Arabia

In 2022, the amount of wood chips and particles imported into Saudi Arabia shrank rapidly to X cubic meters, reducing by -23.5% on 2021 figures. Overall, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 94%. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, wood chips and particles imports contracted dramatically to $X in 2022. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 283%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X cubic meters) was the main wood chips and particles supplier to Saudi Arabia, accounting for a 93% share of total imports. It was followed by Singapore (X cubic meters), with a 1.9% share of total imports.

From 2013 to 2022, the average annual growth rate of volume from South Africa amounted to +175.2%.

In value terms, South Africa ($X) constituted the largest supplier of wood chips and particles to Saudi Arabia, comprising 80% of total imports. The second position in the ranking was held by Singapore ($X), with a 5.1% share of total imports.

From 2013 to 2022, the average annual growth rate of value from South Africa amounted to +244.1%.

Import Prices by Country

In 2022, the average wood chips and particles import price amounted to $X per cubic meter, surging by 4.5% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 15,607%. As a result, import price attained the peak level of $X per cubic meter. From 2015 to 2022, the average import prices remained 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 Singapore ($X per cubic meter), while the price for South Africa totaled $X per cubic meter.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+45.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood chips and particles in the world?

China constituted the country with the largest volume of wood chips and particles consumption, accounting for 25% of total volume. Moreover, wood chips and particles consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Australia ranked third in terms of total consumption with a 9.9% share.

What are the largest producers of wood chips and particles in the world?

The countries with the highest volumes of in 2021 were the United States, China and Australia, with a combined 38% share of global production. Vietnam, Russia, Belarus, Canada, Brazil, Chile, Sweden, Germany, Finland and France lagged somewhat behind, together comprising a further 41%.

What are the leading suppliers of wood chips and particles to Saudi Arabia?

In value terms, the largest wood chips and particles suppliers to Saudi Arabia were the Netherlands, Germany and Indonesia, with a combined 50% share of total imports. The United Arab Emirates, Austria, Thailand, India, Egypt, the UK, Vietnam, France, South Africa and Nigeria lagged somewhat behind, together comprising a further 42%.

What are the leading importers of wood chips and particles from Saudi Arabia?

In value terms, Sudan $689) remains the key foreign market for wood chips and particles exports from Saudi Arabia.

What is the average export price for wood chips and particles in Saudi Arabia?

In 2021, the average wood chips and particles export price amounted to $35 per cubic meter, picking up by 11% against the previous year.

What is the average import price for wood chips and particles in Saudi Arabia?

In 2021, the average wood chips and particles import price amounted to $222 per cubic meter, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the market for wood chips and particles 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 1619 - Wood chips and particles

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