South Africa - Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConiferous Roundwood Price in South Africa - 2023
Contents:
- Coniferous Roundwood Price in South Africa (FOB) - 2022
- Coniferous Roundwood Price in South Africa (CIF) - 2023
- Coniferous Roundwood Exports in South Africa
- Coniferous Roundwood Imports in South Africa
Coniferous Roundwood Price in South Africa (FOB) - 2022
The average coniferous roundwood export price stood at $83 per cubic meter in 2022, picking up by 31% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coniferous roundwood export price increased by +81.3% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 38%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($138 per cubic meter), while the average price for exports to China ($78 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Coniferous Roundwood Price in South Africa (CIF) - 2023
In July 2023, the average coniferous roundwood import price amounted to $120 per cubic meter, approximately equating the previous month. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 68% m-o-m. The import price peaked at $136 per cubic meter in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Swaziland.
From July 2022 to July 2023, the rate of growth in terms of prices for Swaziland amounted to +6.6% per month.
Coniferous Roundwood Exports in South Africa
In 2022, shipments abroad of roundwood (coniferous) decreased by -9.3% to 492K cubic meters, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. As a result, the exports attained the peak of 581K cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, coniferous roundwood exports surged to $41M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Coniferous Roundwood in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.0 | 15.3 | 20.6 | 20.4 | 8.4% |
| India | 4.7 | 3.4 | 2.0 | 6.2 | 9.7% |
| Botswana | 2.2 | 2.2 | 2.2 | 2.2 | 0.0% |
| United Arab Emirates | 0.1 | 1.3 | 2.0 | 2.0 | 171.4% |
| Seychelles | 0.7 | N/A | N/A | 1.6 | 31.7% |
| Malaysia | N/A | N/A | 0.9 | 1.3 | 44.4% |
| Maldives | 0.2 | 0.2 | 0.1 | 1.1 | 76.5% |
| Vietnam | 0.4 | 0.2 | 0.6 | 0.6 | 14.5% |
| Hong Kong SAR | N/A | 0.8 | 2.3 | 0.2 | -50.0% |
| Others | 4.2 | 3.0 | 3.4 | 5.1 | 6.7% |
| Total | 28.6 | 26.4 | 34.1 | 40.6 | 12.4% |
Top Export Markets for Coniferous Roundwood from South Africa in 2022:
- China (260.5K cubic meters)
- India (79.3K cubic meters)
- Seychelles (20.3K cubic meters)
- Botswana (18.9K cubic meters)
- Malaysia (16.3K cubic meters)
- United Arab Emirates (16.2K cubic meters)
- Maldives (14.2K cubic meters)
- Vietnam (7.3K cubic meters)
- Hong Kong SAR (2.5K cubic meters)
Coniferous Roundwood Imports in South Africa
In 2022, the amount of roundwood (coniferous) imported into South Africa soared to 6.6K cubic meters, picking up by 4,619% against the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, coniferous roundwood imports soared to $451K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Coniferous Roundwood in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 32.8 | 1.5 | 11.2 | 429 | 135.6% |
| Netherlands | N/A | N/A | N/A | 8.8 | 0% |
| Others | 26.4 | 16.5 | 5.3 | 13.3 | -20.4% |
| Total | 59.2 | 18.0 | 16.5 | 451 | 96.8% |
Top Suppliers of Coniferous Roundwood to South Africa in 2022:
- Swaziland (6.4K cubic meters)
- Netherlands (0.1K cubic meters)
This report provides an in-depth analysis of the coniferous roundwood 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:
- FCL 1862 - Roundwood, coniferous
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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