Strong Demand Seen for American Hardwood

Filed on May 19, 2009

DUBAI - The American Hardwood Export Council, or AHEC, has projected that the regional demand for American Hardwood will remain strong amidst the current slowdown in the construction market.

The organisation further revealed that exports will remain stable, after registering a 19.6 per cent jump to reach $55.5 million across the MENA region in 2008, according to latest data released by the United States Foreign Agricultural Service (USDA-FAS).

In line with its aims to bolster import volumes to the region, AHEC has recently completed a successful participation at the ‘Dubai International Wood and Wood Machinery Show 2009’, where it networked with potential customers and introduced the latest American Hardwood products.

According to the USDA-FAS report, Hardwood lumber, which is the principal value-added US hardwood product exported to the region, saw an increase in volume of 3.7 per cent to 48,698 m3 and in value of 3.8 per cent to $35.5 million.

In the UAE alone, lumber exports from the US in 2008 have reached $10 million, while veneer and flooring shipments have reached $2.5 million and $167,000 respectively during the same year.

ERROR: Macro /ads/dfp-ad-article-new is missing!
MORE FROM Business
MORE FROM Khaleej Times
CurrentRequestUnmodified: /feel-the-joi-of-gifting macro_action: article, macro_profile: , macro_adspot:
KT App Download
khaleejtimes app

All new KT app
is available
for download:

khaleejtimes - android khaleejtimes - ios khaleejtimes - HUAWEI AppGallery