United Arab Emirates: Preservative-Treated Rough Wood Market 2024

Preservative-Treated Rough Wood Market Size in the United Arab Emirates

In 2021, the preservative-treated rough wood market in the United Arab Emirates was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Preservative-Treated Rough Wood Production in the United Arab Emirates

In value terms, preservative-treated rough wood production soared to $X in 2021 estimated in export price. Over the period under review, production enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 115%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Preservative-Treated Rough Wood Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of preservative-treated rough wood decreased by -26.6% to X cubic meters, falling for the fourth year in a row after three years of growth. In general, exports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2017 when exports increased by 161%. As a result, the exports attained the peak of X cubic meters. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, preservative-treated rough wood exports dropped dramatically to $X in 2021. Overall, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 when exports increased by 120%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Oman (X cubic meters) was the main destination for preservative-treated rough wood exports from the United Arab Emirates, accounting for a 75% share of total exports. Moreover, preservative-treated rough wood exports to Oman exceeded the volume sent to the second major destination, Nigeria (X cubic meters), sixfold. Saudi Arabia (X cubic meters) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Oman amounted to +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+0.3% per year) and Saudi Arabia (-18.2% per year).

In value terms, Oman ($X) emerged as the key foreign market for preservative-treated rough wood exports from the United Arab Emirates, comprising 5.4% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 1.1% share of total exports. It was followed by Nigeria, with a 0.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman stood at -6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-39.7% per year) and Nigeria (-18.5% per year).

Export Prices by Country

In 2021, the average preservative-treated rough wood export price amounted to $X per cubic meter, picking up by 7.4% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2014 an increase of 14%. As a result, the export price attained the peak level of $X per cubic meter. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per cubic meter), while the average price for exports to Comoros ($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 Oman (-12.9%), while the prices for the other major destinations experienced a decline.

Preservative-Treated Rough Wood Imports

Imports into the United Arab Emirates

In 2021, the amount of preservative-treated rough wood imported into the United Arab Emirates declined markedly to X cubic meters, which is down by -62.9% against 2020. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 218%. Imports peaked at X cubic meters in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, preservative-treated rough wood imports shrank dramatically to $X in 2021. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 282%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X cubic meters), the United States (X cubic meters) and Turkey (X cubic meters) were the main suppliers of preservative-treated rough wood imports to the United Arab Emirates, with a combined 85% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +19.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of preservative-treated rough wood to the United Arab Emirates, comprising 61% of total imports. The second position in the ranking was held by Turkey ($X), with an 11% share of total imports. It was followed by the United States, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-20.2% per year) and the United States (+0.2% per year).

Import Prices by Country

The average preservative-treated rough wood import price stood at $X per cubic meter in 2021, surging by 7.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 25% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2021, the average 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 the Czech Republic ($X per cubic meter), while the price for the United States ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+111.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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