Africa: Wood Box Market 2023

Wood Box Market Size in Africa

After two years of growth, the African wood box market decreased by -10.6% to $X in 2021. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Wood Box Production in Africa

In value terms, wood box production reduced to $X in 2021 estimated in export price. The total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +26.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 32% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Wood Box Exports

Exports in Africa

After two years of growth, shipments abroad of cases, boxes, crates, drums and similar packings of wood decreased by -53.4% to X units in 2021. Overall, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2014 when exports increased by 13,201% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood box exports rose rapidly to $X in 2021. In general, exports saw a slight decline. The growth pace was the most rapid in 2014 with an increase of 60% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, accounting for X units, which was near 71% of total exports in 2021. Libya (X units) took the second position in the ranking, followed by Tanzania (X units). All these countries together held approx. 13% share of total exports. The following exporters - Tunisia (X units), Egypt (X units), Botswana (X units) and Cote d'Ivoire (X units) - together made up 11% of total exports.

Exports from South Africa decreased at an average annual rate of -41.9% from 2012 to 2021. At the same time, Libya (+78.7%), Tanzania (+43.8%), Botswana (+36.5%), Cote d'Ivoire (+35.2%), Egypt (+28.8%) and Tunisia (+21.0%) displayed positive paces of growth. Moreover, Libya emerged as the fastest-growing exporter exported in Africa, with a CAGR of +78.7% from 2012-2021. Libya (+6.4 p.p.), Tanzania (+6.4 p.p.), Tunisia (+3.4 p.p.), Egypt (+3.1 p.p.), Botswana (+2.5 p.p.) and Cote d'Ivoire (+2 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -28.4% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest wood box supplier in Africa, comprising 45% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 16% share of total exports. It was followed by Tunisia, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to -5.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (+36.3% per year) and Tunisia (-8.2% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, with an increase of 137% against the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 25,996% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Cote d'Ivoire ($X per unit), while Libya ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+63.1%), while the other leaders experienced a decline in the export price figures.

Wood Box Imports

Imports in Africa

In 2021, the amount of cases, boxes, crates, drums and similar packings of wood imported in Africa totaled X units, approximately mirroring the previous year's figure. Over the period under review, imports, however, saw a significant curtailment. The growth pace was the most rapid in 2019 with an increase of 50%. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wood box imports stood at $X in 2021. Overall, imports saw a measured increase. The most prominent rate of growth was recorded in 2019 when imports increased by 95%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Morocco (X units) and South Africa (X units) represented the key importers of cases, boxes, crates, drums and similar packings of wood in Africa, together making up 67% of total imports. Tunisia (X units) held an 8.6% share (based on physical terms) of total imports, which put it in second place, followed by Botswana (7.5%). The following importers - Egypt (X units), Angola (X units) and Ghana (X units) - together made up 7.3% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Botswana (with a CAGR of +28.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X) constitutes the largest market for imported cases, boxes, crates, drums and similar packings of wood in Africa, comprising 43% of total imports. The second position in the ranking was held by Morocco ($X), with a 19% share of total imports. It was followed by Botswana, with a 4.7% share.

In Tunisia, wood box imports expanded at an average annual rate of +25.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (+7.3% per year) and Botswana (-7.7% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2021, flattening at the previous year. Overall, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2016 an increase of 2,201% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Tunisia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+93.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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