Wood Residues Market - South Africa Is the World’s Leading Wood Residue Exporter

Silviculture And Forestry Activities November 04, 2015
Author: Olga Minchina
Account Manager

wood residues market

South Africa dominates in the global wood residue trade. In 2014, South Africa exported 161 thousand tonnes of wood residues totaling 59 million USD, 10% over the previous year. Its primary trading partner was Saudi Arabia, where it supplied 15.6% of its total exports on the wood residues market in value terms.

Overall, the global wood residue trade reached to 411 million USD, with a CAGR of 6.3% from 2007 to 2014. In physical terms, it showed decline, falling from 1,173 thousand tonnes in 2007 to 1,065 thousand tonnes in 2014.

In 2014, Germany (9.1%), Poland (7.4%), the U.S. (6.6%), Turkey (6.6%) and China (6.5%) were the leading destinations of wood residue imports, together making up 36.1% of global imports. The share of Germany increased (+5 percentage points), while the share of the U.S illustrated negative dynamics (-3 percentage points).

South Africa and Germany were among the other main global suppliers of wood residues in 2014 with a combined share of 31.0% of global exports. However, the fastest growing exporters from 2007 to 2014 were the Netherlands (+37.4% per year) and Sweden (+23.5% per year). Sweden significantly strengthened its position in the global export structure, from 4% in 2007 to 11% in 2014.

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Source: World: Wood Residues - Market Report. Analysis And Forecast To 2020