Yemen"s construction sector, pivotal to its economic recovery, heavily relies on the import of wood and timber. As of the latest data, Yemen has seen fluctuating trade volumes and price shifts in its wood and timber imports, largely impacted by geopolitical factors and supply chain disruptions. According to recent statistics, the import volume of wood and timber has shown a marginal increase of 5% year-over-year. Despite the ongoing conflict, rebuilding efforts and developmental projects are driving demand. However, the average price per cubic meter has risen significantly, from $450 to $520 in the last quarter, reflecting global supply chain constraints and increased shipping costs. The rise in prices poses challenges for construction firms aiming to manage project budgets effectively. Nonetheless, industry insiders suggest that strategic sourcing and negotiations could mitigate these impacts. Notably, the growing interest in sustainable and certified timber could also shape future demand and pricing dynamics.
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