Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates - 2022

Contents:

  1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates
  4. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $2,055 per ton, remaining stable against the previous year. Over the period under review, the import price, however, showed a mild downturn. The growth pace was the most rapid in 2015 when the average import price increased by 13%. As a result, import price reached the peak level of $3,197 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Austria ($11,067 per ton), while the price for Romania ($378 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-3.4%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates (FOB) - 2022

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $2,799 per ton in 2022, shrinking by -5.2% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood; assembled flooring panels, other than multilayer or mosaic decreased by -19.5% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $3,477 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($35,476 per ton), while the average price for exports to Austria ($307 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+45.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates

In 2022, imports of wood; assembled flooring panels, other than multilayer or mosaic into the United Arab Emirates dropped significantly to 986 tons, with a decrease of -28.8% on the year before. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 114% against the previous year. As a result, imports reached the peak of 1.4K tons, and then reduced markedly in the following year.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic shrank sharply to $2M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. As a result, imports reached the peak of $2.8M, and then reduced markedly in the following year.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria21.417.2857796233.8%
China272171211154-17.3%
Singapore185146171120-13.4%
United States11537.213292.6-7.0%
Russia40.752.312285.928.3%
Italy12379.594.070.0-17.1%
Turkey16891.313869.8-25.4%
Japan14181.172.369.2-21.1%
Brazil49.046.465.054.73.7%
Malaysia64.217.366.246.6-10.1%
India2.83.439.828.1115.7%
Romania43.431.333.421.3-21.1%
Kuwait17.315.420.115.8-3.0%
Others826429815402-21.3%
Total2,0681,2182,8352,026-0.7%

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to the United Arab Emirates in 2022:

  1. China (272.0 tons)
  2. Singapore (81.8 tons)
  3. Austria (71.9 tons)
  4. Brazil (66.9 tons)
  5. Romania (56.4 tons)
  6. United States (41.2 tons)
  7. Japan (39.4 tons)
  8. Russia (39.3 tons)
  9. Malaysia (30.3 tons)
  10. Kuwait (28.9 tons)
  11. Italy (25.9 tons)
  12. India (25.2 tons)
  13. Turkey (25.1 tons)

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates

Exports of wood; assembled flooring panels, other than multilayer or mosaic from the United Arab Emirates dropped to 278 tons in 2022, falling by -9.8% on 2021. Overall, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic reduced to $779K in 2022. Over the period under review, exports faced a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 40% against the previous year.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh434246348318-9.8%
Saudi Arabia36778.0200153-25.3%
Oman26863.499.382.0-32.6%
Iran58.88.032.825.1-24.7%
India11541.829.022.2-42.2%
Kuwait38.712.823.918.3-22.1%
Bahrain40.09.610.911.3-34.4%
Congo2.82.510.78.243.1%
Pakistan13.67.87.16.1-23.5%
Nigeria19.16.03.45.4-34.4%
Iraq26.53.50.34.9-43.0%
Kenya6.33.34.93.7-16.3%
Austria4.63.44.03.1-12.3%
Others133164136117-4.2%
Total1,527651911779-20.1%

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from the United Arab Emirates in 2022:

  1. Saudi Arabia (87.1 tons)
  2. Oman (32.6 tons)
  3. Iran (32.3 tons)
  4. Kuwait (15.0 tons)
  5. Nigeria (12.8 tons)
  6. Austria (10.0 tons)
  7. Bangladesh (9.0 tons)
  8. Pakistan (8.5 tons)
  9. India (7.5 tons)
  10. Bahrain (6.5 tons)
  11. Iraq (6.1 tons)
  12. Kenya (5.5 tons)
  13. Congo (5.2 tons)

Source: IndexBox Market Intelligence Platform

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