United Arab Emirates - Plywood - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 17, 2024

United Arab Emirates - Plywood - Market Analysis, Forecast, Size, Trends and Insights

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Plywood Price in the United Arab Emirates - 2021

Contents:

  1. Plywood Price in the United Arab Emirates (CIF) - 2022
  2. Plywood Price in the United Arab Emirates (FOB) - 2022
  3. Plywood Imports in the United Arab Emirates
  4. Plywood Exports in the United Arab Emirates

Plywood Price in the United Arab Emirates (CIF) - 2022

In 2022, the average plywood import price amounted to $333 per cubic meter, declining by -27% against the previous year. In general, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2015 an increase of 10%. Over the period under review, average import prices hit record highs at $592 per cubic meter in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($743 per cubic meter), while the price for China ($301 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.8%), while the prices for the other major suppliers experienced a decline.

Plywood Price in the United Arab Emirates (FOB) - 2022

The average plywood export price stood at $441 per cubic meter in 2022, surging by 6.2% against the previous year. In general, the export price, however, showed a slight decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 18%. Over the period under review, the average export prices hit record highs at $505 per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($593 per cubic meter), while the average price for exports to Iraq ($293 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 Iran (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Plywood Imports in the United Arab Emirates

In 2022, plywood imports into the United Arab Emirates surged to 604K cubic meters, jumping by 17% on 2021 figures. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, plywood imports shrank to $201M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $236M, and then declined in the following year.

Import of Plywood in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China153119174148-1.1%
India5.13.510.120.859.8%
Indonesia14.911.910.314.3-1.4%
Russia4.36.76.64.0-2.4%
Saudi Arabia4.32.02.31.6-28.1%
Others22.319.232.812.6-17.3%
Total204162236201-0.5%

Top Suppliers of Plywood to the United Arab Emirates in 2022:

  1. China (491.2K cubic meters)
  2. India (62.5K cubic meters)
  3. Indonesia (19.2K cubic meters)
  4. Russia (5.9K cubic meters)
  5. Saudi Arabia (4.7K cubic meters)

Plywood Exports in the United Arab Emirates

After two years of decline, shipments abroad of plywood increased by 296% to 100K cubic meters in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plywood exports surged to $44M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Plywood in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman11.210.07.99.1-6.7%
Saudi Arabia0.40.10.37.5165.7%
BahrainN/AN/AN/A6.10%
MoroccoN/AN/AN/A5.90%
IraqN/AN/AN/A3.20%
QatarN/AN/AN/A3.00%
SomaliaN/AN/AN/A2.50%
India2.70.30.71.0-28.2%
Others3.41.41.65.819.5%
Total17.711.910.544.235.7%

Top Export Markets for Plywood from the United Arab Emirates in 2022:

  1. Oman (22.4K cubic meters)
  2. Morocco (17.0K cubic meters)
  3. Bahrain (14.2K cubic meters)
  4. Saudi Arabia (12.7K cubic meters)
  5. Iraq (10.9K cubic meters)
  6. Somalia (6.5K cubic meters)
  7. Qatar (6.4K cubic meters)
  8. India (1.4K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plywood market in the United Arab Emirates. 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:

  • United Arab Emirates

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the United Arab Emirates
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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