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South Africa - Wooden Particle Board - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jun 13, 2023

South Africa's Wooden Particle Board Price Rises Slightly to $505 per Cubic Meter

South Africa Wooden Particle Board Export Price in February 2023

In February 2023, the wooden particle board price stood at $505 per cubic meter (FOB, South Africa), rising by 3.4% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in July 2022 an increase of 16% m-o-m. The export price peaked at $690 per cubic meter in February 2022; however, from March 2022 to February 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Lesotho ($1,974 per cubic meter), while the average price for exports to Malawi ($244 per cubic meter) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Wooden Particle Board in South Africa (USD per cubic meter)
COUNTRY	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023
Lesotho	834	845	N/A	294	707	699	505	199	1,319	894	490	1,904	1,974
Democratic Republic of the Congo	537	524	552	519	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1,957
Zambia	N/A	N/A	N/A	N/A	N/A	648	N/A	862	N/A	1,071	1,282	773	985
Namibia	772	867	600	496	533	546	479	589	498	580	593	527	920
Swaziland	697	503	643	648	560	536	490	553	492	628	514	728	531
Botswana	702	699	639	691	543	704	827	786	475	407	391	423	466
Zimbabwe	N/A	601	897	N/A	N/A	6,827	N/A	N/A	2,187	N/A	N/A	N/A	289
Malawi	N/A	N/A	411	522	N/A	529	N/A	435	743	N/A	321	788	244
Average	690	669	622	554	555	646	583	568	518	503	440	488	505

South Africa Wooden Particle Board Exports

In February 2023, shipments abroad of wooden particle board was finally on the rise to reach 684 cubic meters for the first time since October 2022, thus ending a three-month declining trend. Over the period under review, total exports indicated a notable increase from February 2022 to February 2023: its volume increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports increased by +68.9% against January 2023 indices. The most prominent rate of growth was recorded in August 2022 when exports increased by 129% against the previous month. As a result, the exports reached the peak of 720 cubic meters. From September 2022 to February 2023, the growth of the exports failed to regain momentum.

In value terms, wooden particle board exports soared to $345K (IndexBox estimates) in February 2023. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when exports increased by 107% m-o-m. As a result, the exports reached the peak of $420K. From September 2022 to February 2023, the growth of the exports remained at a somewhat lower figure.

South Africa Wooden Particle Board Exports by Country

Botswana (378 cubic meters) was the main destination for wooden particle board exports from South Africa, with a 55% share of total exports. Moreover, wooden particle board exports to Botswana exceeded the volume sent to the second major destination, Swaziland (137 cubic meters), threefold. Namibia (51 cubic meters) ranked third in terms of total exports with a 7.5% share.

From February 2022 to February 2023, the average monthly growth rate of volume to Botswana was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Swaziland (+3.3% per month) and Namibia (+0.5% per month).

In value terms, Botswana ($176K) remains the key foreign market for wooden particle board exports from South Africa, comprising 51% of total exports. The second position in the ranking was taken by Swaziland ($73K), with a 21% share of total exports. It was followed by Namibia, with a 14% share.

From February 2022 to February 2023, the average monthly growth rate of value to Botswana stood at -2.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Swaziland (+0.9% per month) and Namibia (+2.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden particle board market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 16211319 - Waferboard and similar board, of wood (excluding particle board and oriented strand board [OSB])

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

South Africa - Wooden Particle Board - Market Analysis, Forecast, Size, Trends And Insights

South Africa's Wooden Particle Board Price Rises Slightly to $505 per Cubic Meter

South Africa Wooden Particle Board Export Price in February 2023

South Africa Wooden Particle Board Exports

South Africa Wooden Particle Board Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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