Wood in the rough market in Bahrain

Earlier Report Observations

The market volume for wood in the rough in Bahrain contracted from 6 749 tons in 2018 to 5 239 tons in 2022, before partially recovering to 5 766 tons in 2023. This decline was driven by a sharp drop in imports, which fell from 2 050 tons to 918 tons over the period, while domestic production increased steadily from 4 714 tons to 4 960 tons. The completion of the Bahrain refinery expansion in 2018, which raised capacity to 267 thousand barrels per day, supported construction activity and sustained demand for wood at the start of the period.

In 2022, labor market reforms aligned with international standards and the discovery of new gas fields altered the economic landscape, potentially affecting costs and investment in the wood sector. Despite these changes, imports continued to fall. By 2023, the market showed resilience with a volume rebound, even as Bahrain's position in the Global Innovation Index slipped, reflecting broader challenges for industrial investment.

Production wood in the rough in Bahrain

In kind, 2017-2020, t

Top producers of wood in the rough, 2017-2020

World map of production of wood in the rough, 2017-2020

Wood in the rough production in Bahrain has increased for the third consecutive year. In 2020, Bahrain produced 4 812 tonnes of wood in the rough, marking a slight gain of 1.0% compared to the previous year. Over the period from 2017 to 2020, production grew by 3.1%, with a compound annual growth rate of 1.0%.

Annual dynamics of production in Bahrain in kind, 2017-2020, t

Exports wood in the rough from Bahrain

Exports in kind, t

Market performance showed noticeable fluctuations during this period. Export volumes varied significantly, with a 156-fold difference between the low in 2020 and the high in 2017. In 2020, Bahrain's cross-border shipments of wood in the rough reached 0.3 tonnes, which is 98.5% lower than in 2019. The largest increase was recorded in 2019 at 44.8%.

Annual dynamics of product's exports from Bahrain in kind, 2017-2020, t

From 2017 to 2020, Saudi Arabia, the United Arab Emirates, and France played the leading roles in Bahrain's wood in the rough exports by volume. Saudi Arabia accounted for 35.1% of exports, the United Arab Emirates for 31.8%, and France for 20.6%. Together, these three countries represented 87.5% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Bahrain in kind, 2017-2020

Exports in value, K $ US

The market displayed signs of volatility over the observed period. There was a 22-fold variation between the minimum in 2020 and the maximum in 2017. In 2020, Bahrain's wood in the rough exports reached 3 thousand US dollars, marking an abrupt decline of 89.8% compared to 2019. The largest increase was recorded in 2019 at 164.0%.

Annual dynamics of product's exports from Bahrain in value, 2017-2020, K $ US

From 2017 to 2020, Saudi Arabia, the United Arab Emirates, and France stood out as the main markets for Bahrain's wood in the rough exports by value. Saudi Arabia represented 44.0% of exports, the United Arab Emirates 26.3%, and France 18.9%. Collectively, these three countries accounted for 89.2% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bahrain in value, 2017-2020

Imports wood in the rough to Bahrain

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Import volumes showed a peak-to-trough amplitude of 1.9 times, with the peak in 2018 and the trough in 2017. In 2020, Bahrain's wood in the rough import volume amounted to 1 130 tonnes, which is 19.2% lower year-over-year. The maximum value was recorded in 2018 at 2 050 tonnes. The largest decline occurred in 2019 at 31.7%, while the largest increase was in 2018 at 91.3%.

Annual dynamics of product's imports to Bahrain in kind, 2017-2020, t

From 2017 to 2020, Malaysia, the United States, and Finland formed the core of Bahrain's wood in the rough imports by volume. Malaysia accounted for 45.1% of imports, the United States for 14.6%, and Finland for 10.1%. Together, these three countries represented 69.8% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Bahrain in kind, 2017-2020

Imports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. The highest import value was recorded in 2018, while the lowest occurred in 2020, with a peak-to-trough ratio of 2.2 times. In 2020, the volume of wood in the rough imports to Bahrain amounted to 676 thousand US dollars, indicating a loss of 34.9% over the past year. The maximum value was recorded in 2018 at 1 464 thousand US dollars. The largest increase was recorded in 2018 at 74.6%.

Annual dynamics of product's imports to Bahrain in value, 2017-2020, K $ US

From 2017 to 2020, Malaysia, the United States, and Finland formed the core of Bahrain's wood in the rough imports by value. Malaysia accounted for 48.9% of imports, the United States for 15.8%, and Finland for 10.1%. Together, these three countries represented 74.7% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bahrain in value, 2017-2020