Africa: Fiberboard Market 2024

Fiberboard Market Size in Africa

The African fiberboard market shrank slightly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Fiberboard Production in Africa

In value terms, fiberboard production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Fiberboard Exports

Exports in Africa

Fiberboard exports rose to X cubic meters in 2022, picking up by X% on the previous year. 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 throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, fiberboard exports totaled $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X cubic meters) represented the main exporter of fiber board of wood or other ligneous materials, mixing up X% of total exports. Malawi (X cubic meters) held the second position in the ranking, followed by Zimbabwe (X cubic meters), Tanzania (X cubic meters), Kenya (X cubic meters) and Ethiopia (X cubic meters). All these countries together took approx. X% share of total exports. Uganda (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fiberboard exports from South Africa stood at X%. At the same time, Tanzania (X%), Ethiopia (X%), Uganda (X%), Zimbabwe (X%), Malawi (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Zimbabwe (X p.p.), Tanzania (X p.p.), Malawi (X p.p.), Ethiopia (X p.p.), Uganda (X p.p.) and Kenya (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest fiberboard supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Malawi ($X), with a X% share of total exports. It was followed by Zimbabwe, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Malawi (X% per year) and Zimbabwe (X% per year).

Export Prices by Country

The export price in Africa stood at $X per cubic meter in 2022, remaining relatively unchanged against the previous year. In general, the export price, however, showed a slight decrease. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per cubic meter in 2014; however, from 2015 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 ($X per cubic meter), while Ethiopia ($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 Ethiopia (X%), while the other leaders experienced mixed trends in the export price figures.

Fiberboard Imports

Imports in Africa

In 2022, fiberboard imports in Africa fell to X cubic meters, declining by X% on 2021. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2021, and then fell in the following year.

In value terms, fiberboard imports fell to $X in 2022. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined modestly in the following year.

Imports by Country

Algeria (X cubic meters), Tunisia (X cubic meters), Egypt (X cubic meters) and Morocco (X cubic meters) represented roughly X% of total imports in 2022. It was distantly followed by South Africa (X cubic meters), comprising a X% share of total imports. Sudan (X cubic meters), Libya (X cubic meters), Kenya (X cubic meters), Nigeria (X cubic meters), Zimbabwe (X cubic meters), Tanzania (X cubic meters) and Ethiopia (X cubic meters) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Algeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Morocco ($X) and Algeria ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Morocco, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per cubic meter), while Sudan ($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 Egypt (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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