Saudi Arabia: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Saudi Arabia

The Saudi market for wood chips, parts, residues, pellets and other agglomerates rose modestly to $X in 2021, increasing by 2% against the previous year. In general, consumption saw a buoyant increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Saudi Arabia

In value terms, production of wood chips, parts, residues, pellets and other agglomerates contracted to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 23% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production of growth remained at a lower figure.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from Saudi Arabia

In 2021, overseas shipments of wood chips, parts, residues, pellets and other agglomerates increased by 41% to X cubic meters for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, recorded a precipitous decline. The exports peaked at X cubic meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates soared to $X in 2021. Over the period under review, exports, however, recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 67% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X cubic meters), Sudan (X cubic meters) and the United Arab Emirates (X cubic meters) were the main destinations of exports of wood chips, parts, residues, pellets and other agglomerates from Saudi Arabia, together comprising 75% of total exports. These countries were followed by Egypt, Kuwait, Jordan and Yemen, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Yemen (with a CAGR of +37.8%), while the other leaders experienced a decline.

In value terms, Sudan ($X) remains the key foreign market for wood chips, parts, residues, pellets and other agglomerates exports from Saudi Arabia, comprising 63% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 12% share of total exports. It was followed by Egypt, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value to Sudan stood at -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-37.7% per year) and Egypt (-3.6% per year).

Export Prices by Country

In 2021, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, surging by 15% against the previous year. In general, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for wood chips, parts, residues, pellets and other agglomerates increased by +83.7% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 52%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sudan ($X per cubic meter), while the average price for exports to the United Arab Emirates ($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 Kuwait (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into Saudi Arabia

After two years of decline, supplies from abroad of wood chips, parts, residues, pellets and other agglomerates increased by 395% to X cubic meters in 2021. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 1,122% against the previous year. As a result, imports attained the peak of X cubic meters. From 2019 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates surged to $X in 2021. Overall, imports, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by 1,305% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Germany (X cubic meters) constituted the largest wood chips, parts, residues, pellets and other agglomerates supplier to Saudi Arabia, accounting for a 41% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from Germany exceeded the figures recorded by the second-largest supplier, Kuwait (X cubic meters), twofold. The third position in this ranking was held by the Netherlands (X cubic meters), with a 10% share.

From 2013 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +73.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Kuwait (0.0% per year) and the Netherlands (0.0% per year).

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates suppliers to Saudi Arabia were the United States ($X), Germany ($X) and the Netherlands ($X), with a combined 67% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +17.2%, saw the highest rates of growth with regard to 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

In 2021, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, with a decrease of -19.1% against the previous year. Overall, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 15%. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 Italy ($X per cubic meter), while the price for Sri Lanka ($X per cubic meter) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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