Saudi Arabia: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Saudi Arabia

After two years of decline, the Saudi market for wood chips, particles and residues increased by X% to $X in 2021. In general, consumption saw a perceptible decrease. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Wood Chips, Particles And Residues in Saudi Arabia

In value terms, wood chips, particles and residues production stood at $X in 2021 estimated in export price. Overall, production recorded a abrupt descent. Wood chips, particles and residues production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Wood Chips, Particles And Residues

Exports from Saudi Arabia

In 2021, overseas shipments of wood chips, particles and residues decreased by -X% to X kg, falling for the third consecutive year after three years of growth. In general, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues exports contracted notably to $X in 2021. Overall, exports faced a significant decline. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Sudan (X tons) was the main destination for wood chips, particles and residues exports from Saudi Arabia, with a X% share of total exports. Moreover, wood chips, particles and residues exports to Sudan exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold. The third position in this ranking was occupied by Poland (X kg), with an X% share.

From 2012 to 2020, the average annual growth rate of volume to Sudan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Poland (+X% per year).

In value terms, Sudan ($X) remains the key foreign market for wood chips, particles and residues exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Belgium, with an X% share.

From 2012 to 2020, the average annual growth rate of value to Sudan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2020, the average export price for wood chips, particles and residues amounted to $X per ton, surging by X% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Belgium ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports into Saudi Arabia

In 2021, the amount of wood chips, particles and residues imported into Saudi Arabia reduced notably to X kg, shrinking by -X% against 2020 figures. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth imports failed to regain momentum.

In value terms, wood chips, particles and residues imports declined markedly to $X in 2021. Overall, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Germany (X kg) constituted the largest supplier of wood chips, particles and residues to Saudi Arabia, with a X% share of total imports. Moreover, wood chips, particles and residues imports from Germany exceeded the figures recorded by the second-largest supplier, Latvia (X kg), fourfold.

From 2012 to 2020, the average annual rate of growth in terms of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (-X% per year) and China (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of wood chips, particles and residues to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Latvia (-X% per year).

Import Prices by Country

In 2020, the average import price for wood chips, particles and residues amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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