The import of sawdust and wood waste and scrap to Saudi Arabia has demonstrated a fluctuating trend over the years with significant variations. In 2023, imports stood at 3719.4 thousand kilograms. This marked a 4.2% year-on-year increase from 2022. Recent years show relative stability with slight growth. Over the past 5 years, the CAGR is 7.13%, reflecting moderate annual growth.
Future trends to watch for include:
• Steady growth: Forecasts predict imports to reach 4502.9 thousand kilograms by 2028, a projected increase with a 5-year forecast CAGR of 3%, and a 15.93% overall growth rate.
• Market dynamics: Pay attention to global wood product markets, environmental regulations, and local demand which could influence variance in imports.
