Price for Wood; Posts and Beams in the United Arab Emirates - 2021
Contents:
- Price for Wood; Posts and Beams in the United Arab Emirates (FOB) - 2022
- Price for Wood; Posts and Beams in the United Arab Emirates (CIF) - 2022
- Exports of Wood; Posts and Beams in the United Arab Emirates
- Imports of Wood; Posts and Beams in the United Arab Emirates
Price for Wood; Posts and Beams in the United Arab Emirates (FOB) - 2022
The average wood; posts and beams export price stood at $1,641 per ton in 2022, with an increase of 18% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood; posts and beams export price increased by +56.0% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 39%. The export price peaked at $1,797 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($3,138 per ton), while the average price for exports to Oman ($665 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 Comoros (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Posts and Beams in the United Arab Emirates (CIF) - 2022
The average wood; posts and beams import price stood at $1,279 per ton in 2022, picking up by 12% against the previous year. In general, the import price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 49% against the previous year. As a result, import price reached the peak level of $1,546 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($1,818 per ton), while the price for South Africa ($169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood; Posts and Beams in the United Arab Emirates
Wood; posts and beams exports from the United Arab Emirates fell rapidly to 353 tons in 2022, which is down by -38.4% against the previous year. In general, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 140%.
In value terms, wood; posts and beams exports reduced dramatically to $579K in 2022. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 121% against the previous year.
| Export of Wood; Posts and Beams in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 146 | 96.9 | 236 | 229 | 16.2% |
| Hong Kong SAR | 254 | 56.2 | 20.9 | 68.7 | -35.3% |
| Iraq | 86.9 | 42.4 | 54.0 | 52.4 | -15.5% |
| Egypt | 79.7 | 30.9 | 40.2 | 39.7 | -20.7% |
| Ethiopia | 1.7 | 16.1 | 39.9 | 38.7 | 183.4% |
| Djibouti | 61.1 | 24.7 | 35.9 | 34.8 | -17.1% |
| Mauritius | 35.0 | 15.8 | 24.1 | 27.9 | -7.3% |
| Philippines | 49.6 | 17.3 | 20.2 | 21.2 | -24.7% |
| Oman | 52.7 | 6.0 | 9.8 | 13.7 | -36.2% |
| Ireland | 77.3 | N/A | N/A | N/A | 0% |
| Azerbaijan | 100 | N/A | N/A | N/A | 0% |
| Israel | N/A | N/A | 144 | N/A | 0% |
| Algeria | N/A | N/A | 62.4 | N/A | 0% |
| Others | 103 | 54.7 | 109 | 52.8 | -20.0% |
| Total | 1,047 | 361 | 796 | 579 | -17.9% |
Top Export Markets for Wood; Posts and Beams from the United Arab Emirates in 2022:
- Saudi Arabia (72.9 tons)
- Ethiopia (50.5 tons)
- Hong Kong SAR (50.1 tons)
- Egypt (47.2 tons)
- Iraq (26.9 tons)
- Oman (20.6 tons)
- Djibouti (17.7 tons)
- Mauritius (13.9 tons)
- Philippines (13.4 tons)
Imports of Wood; Posts and Beams in the United Arab Emirates
In 2022, approx. 1.2K tons of wood; posts and beamses were imported into the United Arab Emirates; waning by -37.8% against 2021 figures. Overall, imports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 246% against the previous year. As a result, imports attained the peak of 1.9K tons, and then reduced sharply in the following year.
In value terms, wood; posts and beams imports shrank notably to $1.5M in 2022. Over the period under review, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 157%. As a result, imports reached the peak of $2.2M, and then contracted notably in the following year.
| Import of Wood; Posts and Beams in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 839 | 172 | 281 | 930 | 3.5% |
| Slovakia | 135 | 88.4 | 618 | 234 | 20.1% |
| Australia | 12.7 | 82.8 | 187 | 70.6 | 77.1% |
| China | 22.9 | 142 | 78.9 | 64.5 | 41.2% |
| Slovenia | 22.1 | 84.3 | 129 | 41.3 | 23.2% |
| United States | 3.8 | 35.2 | 46.3 | 11.7 | 45.5% |
| South Africa | 1.0 | 8.0 | 11.3 | 4.3 | 62.6% |
| Latvia | N/A | 33.1 | 41.2 | N/A | 24.5% |
| Romania | N/A | N/A | 421 | N/A | 0% |
| Others | 52.9 | 194 | 342 | 140 | 38.3% |
| Total | 1,089 | 839 | 2,155 | 1,497 | 11.2% |
Top Suppliers of Wood; Posts and Beams to the United Arab Emirates in 2022:
- Austria (685.6 tons)
- Slovakia (150.0 tons)
- China (111.3 tons)
- Australia (38.9 tons)
- Slovenia (32.3 tons)
- United States (28.2 tons)
- South Africa (25.4 tons)
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