Dubai WoodShow
The most popular destination for wood specialists from all over the world
March 15-17, 2022
The First Trade Mission of Teak Exporting Companies, coming
from the commercial reforestation sector of Panama, participated in the Dubai
fair that took place from March 15 to 17, 2022, and served as a platform for
the official launching of the PANAMA TEAK brand.
Panama's main objective
was to highlight the high quality of our teak and the volumes available for
shipment throughout the year, while at the same time making official the
launching of the aforementioned brand.
For the first time, the
Panamanian government, through the Investment Attraction and Export Promotion
Authority "PROPANAMA", facilitated the participation of the country's
certified commercial plantation sector and some members of the National
Association of Reforesters as a country product in the 17th edition of the
Dubai International Wood & Wood Machinery Show in Dubai, United Arab
Emirates.
We were able to connect
with potential buyers and distributors from countries such as: United Arab Emirates, Pakistan, India,
Russia, USA, Jordan, Israel, Syria, Iran, Iraq, Kuwait, Bahrain, Qatar, Egypt,
Saudi Arabia and from Europe (Italy, Portugal, England, France, Turkey and
Romania) and Japan.
In addition to
profitable approaches, direct purchase intentions and brand positioning in the
Middle East. The
closing of the event was given with an approximate of 8 million dollars, in the
positive case that all the companies will achieve the sales closings taking
into account that their harvest is about to end and the processing plant is not
yet operational.
PROPANAMA, through its
Export Department, promoted the fusion of high quality products, such as the
renowned Geisha coffee in capsules, bottled water products and Panamanian wood,
to highlight the highest quality of its exportable offer.
The participating
companies expressed their satisfaction and the effect of new connections,
demonstrating the achievement of the objectives initially proposed for this
mission.
High sales intentions
were achieved for all the companies, including coffee and water, which will be
followed up in the short term with the sector.
Dubai WoodShow is the
only trade fair in the region that shows the entire spectrum of the forestry
sector in the sale of wood in all its presentations, technologies applied to
wood, carpentry and commercial projects, allowing producers and members of the
value chain of this sector to present their products, services and make
strategic alliances with commercial distributors.
PANAMA TEAK,
contributing with the international promotion, establishing long-term
commercial relationships, making known the different products, services and the
new high performance and precision processing plant of our exporters.
The capacity of
Panamanian companies to export large quantities of teak, through the more than
31,600 hectares already certified, was demonstrated.
The event consolidates
the main destination in the Middle East and its surroundings for the business
of woodworking machinery, carpentry, accessories and wood-related components.
In this sense,
PROPANAMA fulfills the objective of promoting the exportable supply in
international markets, through strategic allies, and facilitating the
introduction of companies in new market niches in the Middle East and its
surroundings to strengthen trade relations, development of new employment
opportunities, boosting economic growth in rural areas, which generated a
positive impact on the national gross domestic product.
The companies that
participated in this experience:
- ECOTOPIA TEAK S.A- TECA
- AGROFORESTRY DEVELOPMENT OF BATIPA S.A. - TEAK CLONES
- FORWOOD GROUP - TEAK
- APICAL REFORESTADORA, S.A. - TEAK
