Africa: Overview of the Market for Saw Logs And Veneer Logs (Coniferous) 2021

Market Size for Saw Logs And Veneer Logs (Coniferous) in Africa

The African market for saw logs and veneer logs (coniferous) was finally on the rise to reach $X in 2019, after three years of decline. In general, consumption recorded a perceptible contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2016 to 2019, the growth of the market failed to regain the momentum.

Production of Saw Logs And Veneer Logs (Coniferous) in Africa

In value terms, production of saw logs and veneer logs (coniferous) stood at $X in 2019 estimated in export prices. The total production indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2019, production stood at a somewhat lower figure.

Production By Country in Africa

South Africa (X cubic meters) remains the largest saw logs and veneer logs (coniferous) producing country in Africa, comprising approx. X% of total volume. Moreover, production of saw logs and veneer logs (coniferous) in South Africa exceeded the figures recorded by the second-largest producer, Nigeria (X cubic meters), more than tenfold. The third position in this ranking was occupied by Congo (X cubic meters), with a X% share.

In South Africa, production of saw logs and veneer logs (coniferous) expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Nigeria (+X% per year) and Congo (+X% per year).

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports in Africa

In 2019, overseas shipments of saw logs and veneer logs (coniferous) increased by X% to X cubic meters, rising for the third consecutive year after two years of decline. Over the period under review, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the immediate term.

In value terms, exports of saw logs and veneer logs (coniferous) surged to $X in 2019. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure in 2019 and are likely to see steady growth in years to come.

Exports by Country

South Africa dominates exports of saw logs and veneer logs (coniferous) structure, reaching X cubic meters, which was near X% of total exports in 2019. It was distantly followed by Nigeria (X cubic meters), committing a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to saw logs and veneer logs (coniferous) exports from South Africa stood at +X%. At the same time, Nigeria (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of South Africa and Nigeria increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest saw logs and veneer logs (coniferous) supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of total exports.

In South Africa, exports of saw logs and veneer logs (coniferous) increased at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

In 2019, the export price for saw logs and veneer logs (coniferous) in Africa amounted to $X per cubic meter, growing by X% against the previous year. Export price indicated resilient growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, export price for saw logs and veneer logs (coniferous) increased by +X% against 2016 indices. The growth pace was the most rapid in 2012 an increase of X% against the previous year. The level of export peaked at $X per cubic meter in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2019, the country with the highest price was Nigeria ($X per cubic meter), while South Africa amounted to $X per cubic meter.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Africa.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports in Africa

In 2019, purchases abroad of saw logs and veneer logs (coniferous) was finally on the rise to reach X cubic meters for the first time since 2015, thus ending a three-year declining trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2016 to 2019, the growth of imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) surged to $X in 2019. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2013 to 2019, the growth of imports failed to regain the momentum.

Imports by Country

In 2019, Morocco (X cubic meters) and Egypt (X cubic meters) represented the largest importers of saw logs and veneer logs (coniferous) in Africa, together mixing up X% of total imports. It was distantly followed by Ghana (X cubic meters) and Tanzania (X cubic meters), together comprising a X% share of total imports. The following importers - Kenya (X cubic meters), Mauritius (X cubic meters) and Botswana (X cubic meters) - each finished at an X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Tanzania (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest saw logs and veneer logs (coniferous) importing markets in Africa were Egypt ($X), Morocco ($X) and Ghana ($X), with a combined X% share of total imports. Tanzania, Botswana, Mauritius and Kenya lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the import price for saw logs and veneer logs (coniferous) in Africa amounted to $X per cubic meter, declining by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% y-o-y. The level of import peaked at $X per cubic meter in 2018, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Tanzania ($X per cubic meter), while Kenya ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Botswana, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (coniferous) in Africa?

+

The countries with the highest volumes of consumption of saw logs and veneer logs (coniferous) in 2019 were Morocco (54M cubic meters), Egypt (40M cubic meters) and Ghana (14M cubic meters), together comprising 57% of total consumption. These countries were followed by South Africa, Congo, Zimbabwe, Gabon, Tanzania, Cameroon, Namibia, Kenya, Mauritius and Botswana, which together accounted for a further 35%.

What are the largest producers of saw logs and veneer logs (coniferous) in Africa?

+

South Africa (261M cubic meters) remains the largest saw logs and veneer logs (coniferous) producing country in Africa, accounting for 81% of total volume. Moreover, production of saw logs and veneer logs (coniferous) in South Africa exceeded the figures recorded by the second-largest producer, Nigeria (14M cubic meters), more than tenfold. The third position in this ranking was occupied by Congo (10M cubic meters), with a 3.2% share.

What are the leading exporters of saw logs and veneer logs (coniferous) in Africa?

+

In value terms, South Africa ($29M) remains the largest saw logs and veneer logs (coniferous) supplier in Africa, comprising 90% of total exports. The second position in the ranking was occupied by Nigeria ($2M), with a 6.2% share of total exports.

What are the leading importers of saw logs and veneer logs (coniferous) in Africa?

+

In value terms, the largest saw logs and veneer logs (coniferous) importing markets in Africa were Egypt ($11M), Morocco ($9.6M) and Ghana ($3.9M), together accounting for 79% of total imports. These countries were followed by Tanzania, Botswana, Mauritius and Kenya, which together accounted for a further 15%.

What is the average export price for saw logs and veneer logs (coniferous) in Africa?

+

In 2019, the export price for saw logs and veneer logs (coniferous) in Africa amounted to $0.1 per cubic meter, with an increase of 11% against the previous year.

What is the average import price for saw logs and veneer logs (coniferous) in Africa?

+

The import price for saw logs and veneer logs (coniferous) in Africa stood at $0.2 per cubic meter in 2019, shrinking by -4.4% against the previous year.