United Arab Emirates: Market for Wood Chips, Particles And Residues 2024

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 year in a row after two years of decline. Over the period under review, consumption showed a abrupt slump. 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 cubic meters, falling for the third consecutive year after three years of growth. In general, exports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at X cubic meters in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues exports shrank dramatically to $X in 2021. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X cubic meters), Djibouti (X cubic meters) and Japan (X cubic meters) were the main destinations of wood chips, particles and residues exports from the United Arab Emirates, with a combined X% share of total exports. Saudi Arabia, Somalia, Chad, Maldives and Comoros lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2021, the average annual growth rate of value to Japan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Djibouti (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per cubic meter in 2021, declining by X% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2016 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 Japan ($X per cubic meter), while the average price for exports to Oman ($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 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

In 2021, approx. X cubic meters of wood chips, particles and residues were imported into the United Arab Emirates; waning by X% on the previous year's figure. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, wood chips, particles and residues imports contracted sharply to $X in 2021. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

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

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Germany (X% per year).

In value terms, the United States ($X), the UK ($X) and Germany ($X) constituted the largest wood chips, particles and residues suppliers to the United Arab Emirates, together comprising X% of total imports. India, Vietnam and Belgium lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for wood chips, particles and residues amounted to $X per cubic meter, reducing by X% against the previous year. In general, the import price, however, saw a slight expansion. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked at $X per cubic meter in 2016; however, from 2017 to 2021, 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 Belgium ($X per cubic meter), while the price for Vietnam ($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 the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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