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GCC - Industrial Roundwood (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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Industrial Roundwood (Non-Coniferous) Market Size in GCC
In 2022, the GCC industrial roundwood (non-coniferous) market increased by 123% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt decrease. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.
Industrial Roundwood (Non-Coniferous) Production in GCC
In value terms, industrial roundwood (non-coniferous) production fell modestly to $X in 2022 estimated in export price. In general, production, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2018 with an increase of 5,872%. As a result, production attained the peak level of $X. From 2019 to 2022, (non-coniferous) production growth remained at a lower figure.
Industrial Roundwood (Non-Coniferous) Exports
Exports in GCC
In 2022, shipments abroad of industrial roundwood decreased by -10.3% to X cubic meters, falling for the fourth year in a row after two years of growth. In general, exports saw a pronounced descent. The growth pace was the most rapid in 2018 with an increase of 130% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2019 to 2022, the growth of the (non-coniferous) exports failed to regain momentum.
In value terms, industrial roundwood (non-coniferous) exports reduced to $X in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2018 when exports increased by 132%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports by Country
The United Arab Emirates prevails in exports structure, finishing at X cubic meters, which was near 90% of total exports in 2022. It was distantly followed by Oman (X cubic meters), committing a 9.5% share of total exports.
From 2012 to 2022, average annual rates of growth with regard to industrial roundwood (non-coniferous) exports from the United Arab Emirates stood at -1.9%. At the same time, Oman (+19.0%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of +19.0% from 2012-2022. From 2012 to 2022, the share of the United Arab Emirates and Oman increased by +13 and +8.3 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) remains the largest industrial roundwood (non-coniferous) supplier in GCC, comprising 90% of total exports. The second position in the ranking was taken by Oman ($X), with an 8.8% share of total exports.
In the United Arab Emirates, industrial roundwood (non-coniferous) exports shrank by an average annual rate of -6.1% over the period from 2012-2022.
Export Prices by Country
The export price in GCC stood at $X per cubic meter in 2022, declining by -5.1% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 21%. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per cubic meter), while Oman stood at $X per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.3%).
Industrial Roundwood (Non-Coniferous) Imports
Imports in GCC
After three years of decline, overseas purchases of industrial roundwood increased by 99% to X cubic meters in 2022. In general, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 108% against the previous year. Over the period under review, (non-coniferous) imports attained the peak figure at X cubic meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.
In value terms, industrial roundwood (non-coniferous) imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2018 when imports increased by 176%. Over the period under review, (non-coniferous) imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, the United Arab Emirates (X cubic meters) was the main importer of industrial roundwood, committing 80% of total imports. It was distantly followed by Kuwait (X cubic meters) and Qatar (X cubic meters), together mixing up a 16% share of total imports. The following importers - Oman (X cubic meters) and Bahrain (X cubic meters) - together made up 4.3% of total imports.
From 2012 to 2022, average annual rates of growth with regard to industrial roundwood (non-coniferous) imports into the United Arab Emirates stood at -12.6%. At the same time, Kuwait (+4.8%) and Qatar (+3.7%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of +4.8% from 2012-2022. By contrast, Bahrain (-5.5%) and Oman (-20.0%) illustrated a downward trend over the same period. Kuwait (+9.4 p.p.) and Qatar (+3.7 p.p.) significantly strengthened its position in terms of the total imports, while Oman and the United Arab Emirates saw its share reduced by -4.5% and -8.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) constitutes the largest market for imported industrial roundwood in GCC, comprising 60% of total imports. The second position in the ranking was taken by Kuwait ($X), with a 16% share of total imports. It was followed by Qatar, with a 15% share.
In the United Arab Emirates, industrial roundwood (non-coniferous) imports decreased by an average annual rate of -7.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (+1.0% per year) and Qatar (+12.1% per year).
Import Prices by Country
In 2022, the import price in GCC amounted to $X per cubic meter, waning by -16.6% against the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the import price increased by 136%. As a result, import price attained the peak level of $X per cubic meter. From 2017 to 2022, the import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per cubic meter), while the United Arab Emirates ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+8.1%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the industrial roundwood (non-coniferous) market in GCC. 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 1867 -
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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