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Wood - Egypt

Egypt
  • Value added in the Wood market is projected to amount to 0.00 in 2024.
    A compound annual growth rate of 0.0 is expected (CAGR 2024–0).
  • Output in the Wood market is projected to amount to 0.00 in 2024.
    A compound annual growth rate of 0.0 is expected (CAGR 2024–0).
  • The number of enterprises in the Wood market is projected to amount to 0.00 in 2024.
    A compound annual growth rate of 0.0 is expected (CAGR 2024–0).
  • The number of employees in the Wood market is projected to amount to 0.00 in 2024.
    A compound annual growth rate of 0.0 is expected (CAGR 2024–0).

Definition:

The Wood market refers to the production of wood and wood-based products, as well as products made from raw materials, such as logs, wood chips, and cork bark.

Additional information:

The market comprises value added, output, number of enterprises, number of employees, and the respective growth rates. Output refers to the total value of all goods produced, whereas value added is the sum of the intermediate stages of production or, in other words, the wealth created by industry activity. The market only displays B2B production.

In-Scope

  • Sawmilling and planing of wood
  • Manufacture of veneer sheets and wood-based panels
  • Manufacture of builders’ carpentry and joinery
  • Manufacture of wooden containers
  • Manufacture of articles of cork, straw and plaiting materials
  • Other categories listed within ISIC Division 16 as "included"

Out-Of-Scope

  • Manufacture of furniture
  • Installation of wooden fittings
  • Wooden luggage, footwear, matches
  • Wooden spools and bobbins that are part of textile machinery
  • Wooden toys, brushes and brooms, caskets
  • Other categories listed within ISIC Division 16 as "excluded"
Manufacturing

Manufacturing

Related markets:
Manufacturing: market data & analysis - Cover

Market Insights report

Manufacturing: market data & analysis

Study Details
    methodology

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    FAQs and more info on the methodology

    Key Players

    Most recent update: Mar 2024

    Source: Statista Company Insights

    Analyst Opinion

    The manufacturing market has faced several challenges in recent years due to geopolitical uncertainty, supply chain disruptions, changing consumer preferences, and increasing regulatory scrutiny. However, several positive factors, such as rising global demand, ongoing technological advancements, and increasing investment in automation and digitalization, continue to influence the market, and the outlook for manufacturing remains positive.

    While the Covid-19 pandemic has caused significant hardships for manufacturers, those that invested in digitalization and automation of their processes will be best positioned for long-term success. Manufacturers who can effectively balance cost pressures and maintain a strong focus on quality are likely to survive the current crisis and come out more resilient in the end.

    Among the factors that could affect the manufacturing market in 2023 is the adoption of advanced technology, such as artificial intelligence, robotics, and the Internet of Things (IoT), which have the potential to improve overall efficiency and productivity while reducing costs.

    Furthermore, our analysts believe that sustainability and environmental awareness will become increasingly important trends, as more investors and consumers prefer companies that prioritize these values and develop eco-friendly products.

    Finally, geopolitical factors such as trade tensions and changes in government policies could also impact the manufacturing market in 2023, with the Russia-Ukraine war having the biggest impact.

    In summary, the current environment presents both challenges and opportunities for the manufacturing market in 2023. However, with the right managerial strategies and high flexibility, companies can succeed and strengthen their long-term market position.

    Methodology

    Data coverage:

    The data encompasses B2B. Figures are based on the value added in the manufacturing market.

    Modeling approach:

    Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use resources from the Statista platform as well as annual financial reports of the market-leading companies and industry associations, third-party studies and reports, national statistical offices, international institutions, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting the manufacturing market due to the non-linear growth of this market.

    Additional notes:

    The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

    Industrial

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    Manufacturing: market data & analysis - BackgroundManufacturing: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Wood industry in Indonesia - statistics & facts

    Indonesia is one of the world's largest exporters of wood products. It exports a wide variety of timber products, ranging from plywood, pulp, and paper to furniture and handicrafts. Nonetheless, Indonesia is considered to have not yet fully utilized its timber and wood sector potential. Even though Indonesia's log production has increased, the contribution of the manufacturing sector of wood and wood products to the country's GDP has been steadily declining in recent years.
    More data on the topic
    Gross domestic product (GDP) from manufacture of wood, cork, straw and plaited products in Indonesia
    80.13tr IDR
    Contribution of manufactures of wood and wood products to the gross domestic product (GDP) in Indonesia
    0.41%
    Investment value in the wood industry in Indonesia
    1.14tr IDR

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