Saudi Arabia - Waferboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWaferboard Price in Saudi Arabia - 2021
Contents:
- Waferboard Price in Saudi Arabia (CIF) - 2022
- Waferboard Price in Saudi Arabia (FOB) - 2022
- Waferboard Imports in Saudi Arabia
- Waferboard Exports in Saudi Arabia
Waferboard Price in Saudi Arabia (CIF) - 2022
The average waferboard import price stood at $312 per cubic meter in 2021, growing by 12% against the previous year. Overall, the import price, however, showed a perceptible decline. Over the period under review, average import prices hit record highs at $473 per cubic meter in 2015; however, from 2016 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 Germany ($390 per cubic meter), while the price for India ($246 per cubic meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Waferboard Price in Saudi Arabia (FOB) - 2022
In 2022, the average waferboard export price amounted to $2,140 per cubic meter, jumping by 331% against the previous year. Overall, the export price saw a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($2,985 per cubic meter), while the average price for exports to Turkey ($175 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 (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.
Waferboard Imports in Saudi Arabia
In 2021, approx. 85K cubic meters of waferboards were imported into Saudi Arabia; picking up by 26% against the previous year's figure. In general, total imports indicated a significant expansion from 2019 to 2021: its volume increased at an average annual rate of +22.6% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +50.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, waferboard imports surged to $27M in 2021. Overall, total imports indicated a significant expansion from 2019 to 2021: its value increased at an average annual rate of +28.2% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Waferboard in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Italy | 1.5 | 2.0 | 4.9 | 80.7% | |
| China | 2.0 | 3.5 | 4.8 | 54.9% | |
| Romania | 2.8 | 3.2 | 3.8 | 16.5% | |
| Spain | 1.1 | 1.0 | 3.8 | 85.9% | |
| Germany | 3.3 | 3.0 | 3.1 | -3.1% | |
| Bulgaria | N/A | 1.1 | 1.1 | 0.0% | |
| Austria | 0.4 | 0.6 | 1.0 | 58.1% | |
| India | N/A | 0.3 | 0.9 | 200.0% | |
| Thailand | 0.7 | 0.4 | 0.4 | -24.4% | |
| Russia | 1.1 | N/A | N/A | 0% | |
| Turkey | 1.9 | 2.5 | N/A | 31.6% | |
| Others | 1.3 | 1.5 | 2.7 | 44.1% | |
| Total | 16.1 | 18.9 | 26.5 | 28.3% | |
Top Suppliers of Waferboard to Saudi Arabia in 2022:
- China (17.7K cubic meters)
- Spain (14.4K cubic meters)
- Italy (14.1K cubic meters)
- Romania (12.7K cubic meters)
- Germany (8.0K cubic meters)
- India (3.7K cubic meters)
- Bulgaria (3.3K cubic meters)
- Austria (2.4K cubic meters)
- Thailand (1.1K cubic meters)
Waferboard Exports in Saudi Arabia
Waferboard exports from Saudi Arabia dropped markedly to 49 cubic meters in 2022, falling by -85.2% compared with the previous year's figure. Overall, exports saw a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 310%. As a result, the exports attained the peak of 332 cubic meters, and then dropped significantly in the following year.
In value terms, waferboard exports dropped sharply to $105K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 266% against the previous year. As a result, the exports reached the peak of $165K, and then contracted significantly in the following year.
| Export of Waferboard in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | N/A | 1.8 | N/A | 98.7 | 640.5% |
| Bulgaria | N/A | N/A | N/A | 3.0 | 0% |
| Turkey | N/A | N/A | 0.3 | 0.2 | -33.3% |
| United Arab Emirates | N/A | N/A | 162 | N/A | 0% |
| Gambia | N/A | N/A | 2.1 | N/A | 0% |
| Oman | N/A | 36.4 | N/A | N/A | 0% |
| Yemen | 42.1 | N/A | N/A | N/A | 0% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | 0.7 | 6.8 | 0.4 | 3.0 | 62.4% |
| Total | 42.9 | 45.0 | 165 | 105 | 34.8% |
Top Export Markets for Waferboard from Saudi Arabia in 2022:
- Bahrain (46.0 cubic meters)
- Turkey (1.0 cubic meters)
- Bulgaria (1.0 cubic meters)
This report provides an in-depth analysis of the waferboard 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:
- Prodcom 16211313 - Particle board, of wood
Country coverage:
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
-
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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