United Arab Emirates: Market for Wood Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Residues, Pellets And Other Agglomerates in the United Arab Emirates

The market for wood residues, pellets and other agglomerates in the United Arab Emirates skyrocketed to $X in 2021, rising by 65% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a strong expansion. Consumption of peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports from the United Arab Emirates

Exports of wood residues, pellets and other agglomerates from the United Arab Emirates surged to X cubic meters in 2021, growing by 24% against 2020 figures. In general, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of 219% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wood residues, pellets and other agglomerates surged to $X in 2021. Overall, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by 289% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Oman (X cubic meters) was the main destination for exports of wood residues, pellets and other agglomerates from the United Arab Emirates, accounting for a 83% share of total exports. Moreover, exports of wood residues, pellets and other agglomerates to Oman exceeded the volume sent to the second major destination, India (X cubic meters), more than tenfold. Comoros (X cubic meters) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume to Oman amounted to -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+7.6% per year) and Comoros (+62.9% per year).

In value terms, Oman ($X) remains the key foreign market for wood residues, pellets and other agglomerates exports from the United Arab Emirates, comprising 73% of total exports. The second position in the ranking was held by Comoros ($X), with a 5.2% share of total exports. It was followed by Sri Lanka, with a 2.9% share.

From 2012 to 2021, the average annual growth rate of value to Oman stood at -16.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Comoros (+49.4% per year) and Sri Lanka (+202.6% per year).

Export Prices by Country

The average export price for wood residues, pellets and other agglomerates stood at $X per cubic meter in 2021, waning by -6% against the previous year. In general, the export price, however, continues to indicate moderate growth. The growth pace was the most rapid in 2014 when the average export price increased by 68% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Sri Lanka ($X per cubic meter), while the average price for exports to India (less than $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 (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports into the United Arab Emirates

In 2021, imports of wood residues, pellets and other agglomerates into the United Arab Emirates skyrocketed to X cubic meters, rising by 71% on the previous year's figure. In general, imports saw a strong expansion. Imports peaked at X cubic meters in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of wood residues, pellets and other agglomerates skyrocketed to $X in 2021. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2014 when imports increased by 74%. Over the period under review, imports of attained the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X cubic meters) constituted the largest supplier of wood residues, pellets and other agglomerates to the United Arab Emirates, accounting for a 25% share of total imports. Moreover, imports of wood residues, pellets and other agglomerates from Germany exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), fourfold. Portugal (X cubic meters) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-17.0% per year) and Portugal (+297.1% per year).

In value terms, Germany ($X) constituted the largest supplier of wood residues, pellets and other agglomerates to the United Arab Emirates, comprising 20% of total imports. The second position in the ranking was held by the United States ($X), with an 8.9% share of total imports. It was followed by the Netherlands, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-12.8% per year) and the Netherlands (+52.1% per year).

Import Prices by Country

The average import price for wood residues, pellets and other agglomerates stood at $X per cubic meter in 2021, dropping by -4.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 an increase of 21% against the previous year. The import price peaked at $X per cubic meter in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($X per cubic meter), while the price for Sri Lanka ($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 Sri Lanka (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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