Saudi Arabia: Market for Wood Pellets And Other Agglomerates 2025

Market Size for Wood Pellets And Other Agglomerates in Saudi Arabia

In 2022, after four years of growth, there was significant decline in the Saudi market for wood pellets and other agglomerates, when its value decreased by X% to $X. In general, consumption saw strong growth. Over the period under review, the market attained the peak level at $X in 2021, and then contracted remarkably in the following year.

Production of Wood Pellets And Other Agglomerates in Saudi Arabia

In value terms, wood pellets and other agglomerates production expanded rapidly to $X in 2022 estimated in export price. Overall, production showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pellets And Other Agglomerates

Exports from Saudi Arabia

After two years of decline, overseas shipments of wood pellets and other agglomerates increased by X% to X tons in 2021. Overall, exports, however, faced a dramatic setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood pellets and other agglomerates exports soared to $X in 2021. Over the period under review, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tons), Bahrain (X tons) and Yemen (X tons) were the main destinations of wood pellets and other agglomerates exports from Saudi Arabia, with a combined X% 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 X%), while the other leaders experienced mixed trend patterns.

In value terms, Egypt ($X), Bahrain ($X) and Yemen ($X) appeared to be the largest markets for wood pellets and other agglomerates exported from Saudi Arabia worldwide, with a combined X% share of total exports.

Yemen, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for wood pellets and other agglomerates amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

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

Imports of Wood Pellets And Other Agglomerates

Imports into Saudi Arabia

In 2022, purchases abroad of wood pellets and other agglomerates increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood pellets and other agglomerates imports surged to $X in 2022. Over the period under review, imports showed perceptible growth. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest wood pellets and other agglomerates supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, wood pellets and other agglomerates imports from Malaysia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual growth rate of volume from Malaysia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of wood pellets and other agglomerates to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2013 to 2022, the average annual growth rate of value from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

Import Prices by Country

The average import price for wood pellets and other agglomerates stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then dropped markedly in the following year.

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 China ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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