Saudi Arabia provides Jordan with equipment for airdrop of relief supplies in Gaza    Abha International Airport becomes Saudi Arabia's first silent airport    Lower part of Kaaba's kiswa raised ahead of Hajj    Hajj Ministry stops issuing Umrah permits through Nusuk App for a month    GASTAT: Saudi Arabia's non-oil exports surge 3.3% in Q1 of 2024    Arab leaders approve Riyadh as headquarters of Cybersecurity Ministers Council    Saudi Pro League to hold trophy award ceremony at Al Hilal's Kingdom Arena on Friday    'Hijra': A new cinematic exploration by Saudi filmmaker Shahad Ameen    9 dead, 54 injured as wind causes stage collapse at Mexico election rally    Biden looks to counter China's influence as he rolls out red carpet for Kenya    Czech court okays extradition of US murder plot accused    Pure beverages industry company launches the world's first German water treatment technology in cooperation with Krones AG Through its brands IVAL and OSKA    China starts military drills around Taiwan days after island swears in new leader    Court forces Angelina Jolie to release non-disclosure agreements    TCL Electronics introduces the latest QD-Mini LED TV and smart home appliances    Saudi Arabia completes 1st phase of desertification assessment with creating 246 maps    Syrian first lady Asma al-Assad diagnosed with leukemia, presidency announces    Oleksandr Usyk claims undisputed heavyweight title in 'Ring of Fire' match in Riyadh    Jorge Jesus praises Al Hilal's resilience after dramatic last-minute draw in Riyadh Derby    Star golfer Scottie Scheffler arrested over alleged assault on police officer    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



UAE Imports of US Hardwood Products to hit $25m in 2008
Published in The Saudi Gazette on 08 - 03 - 2008

UAE imports of US hardwood products are projected to grow to $25 million in 2008, according to a recent study by the American Hardwood Export Council (AHEC), the leading international trade association for the US hardwood industry. Further, the organization has revealed that this growth will be mainly driven by lumber imports, expected to account for 60 per cent ($15 million) of the entire US hardwood shipments to the country. The announcement follows the successful participation by AHEC at the Dubai Woodshow 2008, which was held earlier in February.
Mike Snow, executive director of AHEC, said “we are expecting to see further expansion of US hardwood business in the region.”
According to previously published reports by United States Census Bureau, US hardwood exports to the Middle East and North Africa (MENA) region grew by 32.3 percent to top $52.2 million during the first 10 months of 2007, and AHEC is confident of a similar growth in 2008. A breakdown of the exports revealed a tremendous increase across all product lines including the shipment of 5,101 cu. meters of hardwood logs, a staggering 185 per cent rise leading to total exports of $3.9 million; the delivery of 13,274 cubic meters of hardwood lumber, reflecting a 69 percent jump to $10.6 million; and the shipment of $2.2 million worth of regional hardwood veneer imports, an increase of 24.2 percent. Of the total value of regional imports within this period, the UAE has shelled out $13.2 million toward hardwood products to address the growing demand of its booming real estate sector, a 59 percent increase from 2006.
“The enormous demand for US hardwood products in the UAE, as evident in the ever-growing import figures such as that of lumber, which has increased by 54.2 percent to reach $8.4 million according to the latest statistics, is a clear indication of the outstanding opportunity for our products in the regional market,” said David Venables, AHEC european director.
“As US hardwood products become one of the most popular materials, which is being used across the UAE's highly ambitious real estate projects, we are taking necessary measures to ensure that we have enough supply to address the swelling demand in the region. The excellent reception for US hardwood at the recently concluded Dubai Woodshow has been enough motivation for us to continually offer high quality products and technologies to Middle Eastern importers and manufacturers.”
AHEC hosted the American Hardwood Pavilion at Dubai Woodshow 2008, which witnessed the participation of 15 leading manufacturers, including Baillie Lumber, Sonoking Corporation, Nina Company, Bradford Forest, UCS Forest Group, Augusta Lumber, Weyerhaeuser Hardwoods, Interforest Lumber, Taylor Lumber, Pike Lumber, NHLA, Mayfield Lumber Company, Anderson Tully, Gilco Lumber and Matson Lumber Company. The pavilion also housed three state departments - Pennsylvania Hardwood Development Council, Indiana State Department of Agriculture and West Virginia Development Office, who conducted seminars to provide general information on products, species, and applications.
Sixty-five delegates from the US, United Arab Emirates, Saudi Arabia, Bahrain, Egypt, India and Pakistan graced the event, which was opened by David Williams, acting US consul general.
AHEC represents US hardwood exporters and most of the major US hardwood product trade associations in the US. The organization seeks to further expand hardwood markets through its dedicated efforts to provide architects, specifiers, designers and end-users with technical information on the range of species, products and sources of supply. Globally, AHEC promotes the full range of US hardwood products and commercial species to over 50 export markets. __


Clic here to read the story from its source.