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U.S. hardwood lumber exports to MENA rise 6% in H1 2024
Posted on August 16, 2024 |
U.S. hardwood lumber exports to the MENA region grew 6% in the first half of 2024, totaling USD 34.93 million.
Exports to the United Arab Emirates (UAE) increased by 27%, reaching 10,192 cubic meters.
Saudi Arabia saw an 8% rise in exports, with a total of 4,472 cubic meters shipped.
Egypt’s hardwood lumber exports grew by 15%, amounting to 3,651 cubic meters.
The rise in exports is driven by strong construction activity in the UAE and Saudi Arabia, and Egypt’s economic improvement.
The demand for U.S. hardwoods in MENA remains high due to ongoing construction and economic growth in the region.
These trends emphasize the growing importance of the MENA market for U.S. hardwoods.