Saudi Arabia - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlywood Price in Saudi Arabia - 2021
Contents:
- Plywood Price in Saudi Arabia (CIF) - 2022
- Plywood Price in Saudi Arabia (FOB) - 2022
- Plywood Imports in Saudi Arabia
- Plywood Exports in Saudi Arabia
Plywood Price in Saudi Arabia (CIF) - 2022
In 2022, the average plywood import price amounted to $376 per cubic meter, which is down by -6.8% against the previous year. Overall, the import price showed a mild slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $452 per cubic meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($426 per cubic meter), while the price for Thailand ($162 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.3%), while the prices for the other major suppliers experienced a decline.
Plywood Price in Saudi Arabia (FOB) - 2022
In 2022, the average plywood export price amounted to $352 per cubic meter, picking up by 2.3% against the previous year. Overall, the export price, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2020 an increase of 5.8% against the previous year. The export price peaked at $525 per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($479 per cubic meter), while the average price for exports to the United Arab Emirates ($244 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (-0.1%), while the prices for the other major destinations experienced a decline.
Plywood Imports in Saudi Arabia
In 2022, approx. 602K cubic meters of plywood were imported into Saudi Arabia; picking up by 20% compared with 2021 figures. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of 711K cubic meters. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, plywood imports expanded notably to $226M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 20%. As a result, imports reached the peak of $250M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Plywood in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 90.5 | 110 | 118 | 117 | 8.9% |
| Indonesia | 71.8 | 91.6 | 55.2 | 71.0 | -0.4% |
| Russia | 11.7 | 21.5 | 10.3 | 14.1 | 6.4% |
| Thailand | 5.8 | 5.4 | 2.5 | 4.4 | -8.8% |
| Malaysia | 6.2 | 4.8 | 0.7 | 3.8 | -15.1% |
| Others | 21.4 | 16.9 | 15.8 | 15.9 | -9.4% |
| Total | 207 | 250 | 203 | 226 | 3.0% |
Top Suppliers of Plywood to Saudi Arabia in 2022:
- China (316.6K cubic meters)
- Indonesia (166.5K cubic meters)
- Russia (37.7K cubic meters)
- Thailand (27.5K cubic meters)
- Malaysia (9.6K cubic meters)
Plywood Exports in Saudi Arabia
In 2022, after two years of decline, there was significant growth in shipments abroad of plywood, when their volume increased by 155% to 20K cubic meters. Over the period under review, exports, however, recorded a abrupt curtailment. The exports peaked at 35K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, plywood exports skyrocketed to $7.1M in 2022. Overall, exports, however, recorded a drastic downturn. Over the period under review, the exports hit record highs at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Plywood in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 2.6 | 4.3 | 0.9 | 2.3 | -4.0% |
| Bahrain | 2.6 | 3.0 | 0.8 | 2.1 | -6.9% |
| United Arab Emirates | 4.3 | 2.0 | 0.4 | 1.1 | -36.5% |
| Egypt | 1.1 | 1.0 | 0.4 | 0.9 | -6.5% |
| Jordan | 0.8 | 0.5 | 0.2 | 0.6 | -9.1% |
| Oman | 0.4 | 0.5 | N/A | 0.1 | -37.0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 11.8 | 11.5 | 2.7 | 7.1 | -15.6% |
Top Export Markets for Plywood from Saudi Arabia in 2022:
- Kuwait (6.2K cubic meters)
- Bahrain (5.6K cubic meters)
- United Arab Emirates (4.7K cubic meters)
- Egypt (1.9K cubic meters)
- Jordan (1.5K cubic meters)
- Oman (0.4K cubic meters)
This report provides an in-depth analysis of the plywood market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1640 - Plywood
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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