Africa: Overview of the Market for Saw Logs And Veneer Logs (Coniferous) 2020

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

In 2019, the African market for saw logs and veneer logs (coniferous) was finally on the rise to reach $X after three years of decline. In general, consumption recorded a pronounced downturn. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2019, consumption 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) totaled $X in 2019 estimated in export prices. The total production indicated a tangible expansion 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 pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

Production By Country in Africa

The country with the largest volume of production of saw logs and veneer logs (coniferous) was South Africa (X tonnes), accounting for 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 tonnes), more than tenfold. Congo (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in South Africa totaled +X%. 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 tonnes, rising for the third consecutive year after two years of decline. In general, exports recorded a buoyant increase. 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 the immediate term.

In value terms, exports of saw logs and veneer logs (coniferous) skyrocketed to $X in 2019. Overall, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in years to come.

Exports by Country

South Africa prevails in exports of saw logs and veneer logs (coniferous) structure, amounting to X tonnes, which was near X% of total exports in 2019. It was distantly followed by Nigeria (X tonnes), creating 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 tonne, rising by X% against the previous year. Export price indicated strong growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. 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 most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

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

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, after three years of decline, there was significant growth in supplies from abroad of saw logs and veneer logs (coniferous), when their volume increased by X% to X tonnes. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) skyrocketed to $X in 2019. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2013 to 2019, the growth of imports remained at a somewhat lower figure.

Imports by Country

Morocco (X tonnes) and Egypt (X tonnes) dominates imports of saw logs and veneer logs (coniferous) structure, together comprising X% of total imports. It was distantly followed by Ghana (X tonnes), generating a X% share of total imports. Tanzania (X tonnes), Kenya (X tonnes), Namibia (X tonnes) and Tunisia (X tonnes) held a little share of total imports.

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

In value terms, Egypt ($X), Morocco ($X) and Ghana ($X) appeared to be the countries with the highest levels of imports in 2019, together comprising X% of total imports. Tanzania, Tunisia, Kenya and Namibia lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest rates of growth with regard to 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

The import price for saw logs and veneer logs (coniferous) in Africa stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Tunisia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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The countries with the highest volumes of consumption of saw logs and veneer logs (coniferous) in 2019 were Morocco (54K tonnes), Egypt (51K tonnes) and Ghana (14K tonnes), together comprising 61% of total consumption. South Africa, Congo, Zimbabwe, Gabon, Tanzania, Namibia, Cameroon and Kenya lagged somewhat behind, together comprising a further 30%.

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

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The country with the largest volume of production of saw logs and veneer logs (coniferous) was South Africa (261K tonnes), 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 (14K tonnes), more than tenfold. Congo (10K tonnes) ranked third in terms of total production with a 3.2% share.

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

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In value terms, South Africa ($29M) remains the largest saw logs and veneer logs (coniferous) supplier in Africa, comprising 89% of total exports. The second position in the ranking was occupied by Nigeria ($2M), with a 6.1% share of total exports.

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

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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 comprising 76% of total imports. Tanzania, Tunisia, Kenya and Namibia lagged somewhat behind, together accounting for a further 15%.

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

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The export price for saw logs and veneer logs (coniferous) in Africa stood at $119 per tonne in 2019, with an increase of 11% against the previous year.

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

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The import price for saw logs and veneer logs (coniferous) in Africa stood at $218 per tonne in 2019, increasing by 3.6% against the previous year.