Wood Fuel Market Overview in Saudi Arabia
In value terms, wood fuel production expanded rapidly to $ in estimated in export prices. Over the period under review, production recorded a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of % year-to-year. As a result, production attained the peak level of $. from 2015 to , production growth remained at a somewhat lower figure.
The value of the wood fuel market in Saudi Arabia contracted to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a perceptible increase. The pace of growth was the most pronounced in 2014 with an increase of % y-o-y. As a result, consumption attained the peak level of $. from 2015 to , the growth of the market remained at a lower figure.