United Arab Emirates: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in the United Arab Emirates

In 2021, the market for wood chips, particles and residues in the United Arab Emirates increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption continues to indicate a abrupt downturn. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Exports of Wood Chips, Particles And Residues

Exports from the United Arab Emirates

In 2021, overseas shipments of wood chips, particles and residues decreased by -X% to X tons, falling for the third year in a row after three years of growth. Overall, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid 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 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues exports contracted remarkably to $X in 2021. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Djibouti (X tons), Somalia (X tons) and Bahrain (X tons) were the main destinations of wood chips, particles and residues exports from the United Arab Emirates.

From 2012 to 2020, the biggest increases were in Bahrain (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Djibouti ($X) emerged as the key foreign market for wood chips, particles and residues exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Somalia ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Djibouti amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X% per year) and Bahrain (+X% per year).

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, the export price, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2020, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to Somalia ($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 Saudi Arabia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports into the United Arab Emirates

Wood chips, particles and residues imports into the United Arab Emirates contracted dramatically to X tons in 2021, with a decrease of -X% against the year before. Over the period under review, imports faced a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth imports failed to regain momentum.

In value terms, wood chips, particles and residues imports reduced notably to $X in 2021. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), the UK (X tons) and Vietnam (X tons) were the main suppliers of wood chips, particles and residues imports to the United Arab Emirates.

From 2012 to 2020, the biggest increases were in India (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, particles and residues suppliers to the United Arab Emirates were the United States ($X), the UK ($X) and Germany ($X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wood chips, particles and residues stood at $X per ton in 2020, picking up by X% against the previous year. In general, the import price posted resilient growth. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 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 Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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