Forecast: Wood Products Exports to United Arab Emirates by Lebanon

The wood products exports from Lebanon to the United Arab Emirates have shown a variable pattern over the period from 2013 to 2023. Notably, the export value in 2023 stood at USD 1.5441 million, which reflected a year-on-year increase of 1.9%. Over the last two years, the exports experienced a positive trend, growing by 1.9% in 2023 and maintaining a growth rate of 7.34% in 2022. The Compound Annual Growth Rate (CAGR) over the past five years has stabilized around 2.33%.

Projected exports from 2024 to 2028 highlight moderate growth, with the forecasted CAGR being 1.48%. This suggests a steady but cautious increase in trade. The forecasted growth rate over the next five years stands at 7.62%, indicating potential for gradual expansion.

Future trends to watch for include:

• Potential impacts of regional trade agreements.
• Fluctuations in global wood product demand.
• Currency exchange rate movements.
• Advancements in sustainable wood production practices.