Saudi Arabia: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Saudi Arabia

The Saudi wood fuel (non-coniferous) market reduced slightly to $X in 2020, approximately mirroring the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Production in Saudi Arabia

In value terms, wood fuel (non-coniferous) production reduced modestly to $X in 2020 estimated in export prices. Over the period under review, production recorded a noticeable downturn. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2012 to 2020, production growth remained at a lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports from Saudi Arabia

Wood fuel (non-coniferous) exports from Saudi Arabia stood at X cubic meters in 2020, with an increase of X% compared with the previous year. In general, exports continue to indicate a slight expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, exports attained the peak of X cubic meters. from 2019 to 2020, the growth exports remained at a lower figure.

In value terms, wood fuel (non-coniferous) exports expanded slightly to $X in 2020. Overall, exports showed a abrupt decline. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Egypt (X cubic meters), the United Arab Emirates (X cubic meters) and Kuwait (X cubic meters) were the main destinations of wood fuel (non-coniferous) exports from Saudi Arabia, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt, while exports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) remains the key foreign market for wood fuel (non-coniferous) exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Egypt amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Bahrain (-X% per year).

Export Prices by Country

In 2020, the average wood fuel (non-coniferous) export price amounted to $X per cubic meter, almost unchanged from the previous year. Overall, the export price, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per cubic meter. from 2011 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Oman, while the prices for the other major destinations experienced a decline.

Wood Fuel (Non-Coniferous) Imports

Imports into Saudi Arabia

Wood fuel (non-coniferous) imports into Saudi Arabia dropped to X cubic meters in 2020, with a decrease of -X% compared with 2019 figures. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X cubic meters in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) imports dropped notably to $X in 2020. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

Egypt (X cubic meters), Germany (X cubic meters) and Poland (X cubic meters) were the main suppliers of wood fuel (non-coniferous) imports to Saudi Arabia, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Germany ($X) and Turkey ($X) appeared to be the largest wood fuel (non-coniferous) suppliers to Saudi Arabia, together accounting for X% of total imports. These countries were followed by China, Canada, New Zealand and Poland, which together accounted for a further X terms of the main suppliers, Poland (+X% per year) saw 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 wood fuel (non-coniferous) import price stood at $X per cubic meter in 2020, dropping by -X% against the previous year. Over the period under review, the import price, however, saw a noticeable expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% year-to-year. The import price peaked at $X per cubic meter in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Turkey ($X per cubic meter), while the price for Poland ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform