Africa: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Africa

The African wood chips and particles market rose modestly to $X in 2022, picking up by X% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Wood Chips And Particles in Africa

In value terms, wood chips and particles production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Wood Chips And Particles

Exports in Africa

In 2022, shipments abroad of wood chips and particles increased by X% to X cubic meters, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, wood chips and particles exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

South Africa prevails in exports structure, finishing at X cubic meters, which was near X% of total exports in 2022. Mozambique (X cubic meters), Swaziland (X cubic meters) and Gambia (X cubic meters) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Gambia (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Mozambique (X p.p.) and Swaziland (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest wood chips and particles supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Mozambique ($X), with a X% share of total exports. It was followed by Gambia, with a X% share.

In South Africa, wood chips and particles exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (X% per year) and Gambia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per cubic meter in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per cubic meter), while Swaziland ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (X%), while the other leaders experienced a decline in the export price figures.

Imports of Wood Chips And Particles

Imports in Africa

In 2022, supplies from abroad of wood chips and particles was finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a perceptible expansion. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at X cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, wood chips and particles imports contracted to $X in 2022. Overall, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X cubic meters) was the main importer of wood chips and particles in Africa, making up X% of total import.

South Africa was also the fastest-growing in terms of the wood chips and particles imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported wood chips and particles in Africa.

In South Africa, wood chips and particles imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Africa stood at $X per cubic meter in 2022, dropping by X% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices attained the peak figure at $X per cubic meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Source: IndexBox Platform

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