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US hardwood products exports to Middle East and Africa increases more than 32%.
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| 14 Jan 2008 |
US hardwood product exports to the Middle East and North Africa (Mena) region reached US$52.2 million last year, a rise of 32.3% over the same period in 2006.
In an effort to further boost the increasing demand for US hardwood in the region, the American Hardwood Export Council (AHEC), the leading international trade association for the US hardwood industry, has announced its participation in the Dubai Woodshow 2008 next month. More than 15 hardwood-exporting companies will display their products at the American Hardwood Pavilion.
AHEC will also host a dinner in conjunction with the region's largest wood and wood machinery exhibition on 5 February, at the Al Bustan Rontana Hotel to provide Middle East importers and manufacturers an opportunity to meet the major players from the US hardwood industry.
The remarkable boost in large-scale real estate projects in the region has continuously driven up the demand for wood and wood products, particularly in the case of hardwood lumber, sparking greater interest from leading American hardwood producers.
Leveraging this tremendous growth, US wood exporters shipped a total of US$28.4 million worth of hardwood lumber to the Mena region from January to October last year, reflecting an increase of 24% over the same period in 2006. The UAE's imports accounted for US$13.2 million of the total amount, which corresponds to a 59% increase from the country's US$8.3 million imports in 2006 during the same period.
"American hardwoods are becoming increasingly well-established in the Middle East's hardwood market and with the present boom in the economy of the region, more particularly within the real estate sector, we are convinced that this is a perfect time to reinforce the position of US hardwood products to the Mena market," said AHEC Europe, Middle East and India director David Venables.
"In preparation for our third participation at the Dubai Woodshow, we look forward to facilitating high-level networking with the top US hardwood exporters and representatives from three of the major US hardwood exporting states."
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