South Africa - Wood Chips And Particles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Wood Chips and Particles in South Africa - 2023
Contents:
- Price for Wood Chips and Particles in South Africa (FOB) - 2023
- Price for Wood Chips and Particles in South Africa (CIF) - 2022
- Exports of Wood Chips and Particles in South Africa
- Imports of Wood Chips and Particles in South Africa
Price for Wood Chips and Particles in South Africa (FOB) - 2023
In July 2023, the average wood chips and particles export price amounted to $47.6 per cubic meter, reducing by -10.9% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 21% month-to-month. As a result, the export price reached the peak level of $53.5 per cubic meter. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In July 2023, the country with the highest price was Japan ($51.0 per cubic meter), while the average price for exports to China amounted to $38.1 per cubic meter.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood Chips and Particles in South Africa (CIF) - 2022
The average wood chips and particles import price stood at $13 per cubic meter in 2022, with a decrease of -23.4% against the previous year. Overall, the import price recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 56%. The import price peaked at $163 per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($236 per cubic meter), while the price for Namibia ($8 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.9%), while the prices for the other major suppliers experienced a decline.
Exports of Wood Chips and Particles in South Africa
In 2022, approx. 4.9M cubic meters of wood chips and particles were exported from South Africa; jumping by 16% compared with the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% 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 +71.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, wood chips and particles exports soared to $223M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Wood Chips and Particles in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 153 | 94.8 | 128 | 152 | -0.2% |
| China | 15.5 | 31.3 | 44.2 | 46.6 | 44.3% |
| Indonesia | 6.5 | N/A | N/A | 11.8 | 22.0% |
| Spain | N/A | N/A | 6.8 | 5.5 | -19.1% |
| Finland | N/A | N/A | N/A | 4.7 | 0% |
| Others | 5.7 | 2.7 | 6.9 | 1.7 | -33.2% |
| Total | 181 | 129 | 186 | 223 | 7.2% |
Top Export Markets for Wood Chips and Particles from South Africa in 2022:
- Japan (3136.6K cubic meters)
- China (1197.2K cubic meters)
- Indonesia (277.9K cubic meters)
- Spain (158.9K cubic meters)
- Finland (115.8K cubic meters)
Imports of Wood Chips and Particles in South Africa
In 2022, the amount of wood chips and particles imported into South Africa rose significantly to 134K cubic meters, with an increase of 8.7% on 2021 figures. Over the period under review, imports, however, recorded a significant decline. Over the period under review, imports hit record highs at 376K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, wood chips and particles imports contracted sharply to $1.7M in 2022. Overall, imports, however, faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Imports peaked at $3.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Wood Chips and Particles in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 2,630 | 894 | 968 | 1,032 | -26.8% |
| Namibia | 33.8 | 88.6 | 38.4 | 85.4 | 36.2% |
| Others | 666 | 630 | 1,014 | 566 | -5.3% |
| Total | 3,329 | 1,612 | 2,021 | 1,683 | -20.3% |
Top Suppliers of Wood Chips and Particles to South Africa in 2022:
- Swaziland (122.3K cubic meters)
- Namibia (10.6K cubic meters)
This report provides an in-depth analysis of the market for wood chips and particles 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 1619 - Wood chips and particles
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
-
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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