Africa: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in Africa

In 2021, the African market for wood chips, particles and residues was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed strong growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Wood Chips, Particles And Residues in Africa

In value terms, wood chips, particles and residues production declined dramatically to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Wood Chips, Particles And Residues

Exports in Africa

In 2021, wood chips, particles and residues exports in Africa declined to X cubic meters, therefore, remained relatively stable against 2020. Overall, exports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, wood chips, particles and residues exports declined remarkably to $X in 2021. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, reaching X cubic meters, which was approx. X% of total exports in 2021. It was distantly followed by Swaziland (X cubic meters), constituting a X% share of total exports. Mozambique (X cubic meters) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to wood chips, particles and residues exports from South Africa stood at X%. At the same time, Swaziland (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2021. From 2012 to 2021, the share of Swaziland, South Africa and Mozambique increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (X% per year) and Swaziland (X% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per cubic meter, shrinking by X% against the previous year. Overall, the export price recorded a pronounced descent. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Mozambique ($X per cubic meter), while Swaziland ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, 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, Particles And Residues

Imports in Africa

In 2021, after four years of growth, there was significant decline in purchases abroad of wood chips, particles and residues, when their volume decreased by X% to X cubic meters. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters, and then contracted dramatically in the following year.

In value terms, wood chips, particles and residues imports contracted remarkably to $X in 2021. Overall, imports saw a slight reduction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

South Africa was the major importer of wood chips, particles and residues in Africa, with the volume of imports accounting for X cubic meters, which was near X% of total imports in 2021. Botswana (X cubic meters) held the second position in the ranking, distantly followed by Congo (X cubic meters). All these countries together held approx. X% share of total imports. The following importers - Morocco (X cubic meters) and Egypt (X cubic meters) - each finished at a X% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to wood chips, particles and residues imports into South Africa stood at X%. At the same time, Egypt (X%), Botswana (X%), Congo (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2021. South Africa (X p.p.), Botswana (X p.p.) and Congo (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Botswana ($X) constitutes the largest market for imported wood chips, particles and residues in Africa, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

In Botswana, wood chips, particles and residues imports increased at an average annual rate of X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in Africa stood at $X per cubic meter in 2021, waning by X% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per cubic meter), while Congo ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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