Africa: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Africa

After two years of growth, the African market for wood pellets and other agglomerates decreased by X% to $X in 2022. Over the period under review, consumption faced a abrupt slump. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.

Production of Wood Pellets And Other Agglomerates in Africa

In value terms, wood pellets and other agglomerates production expanded remarkably to $X in 2022 estimated in export price. The total production indicated moderate 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Wood Pellets And Other Agglomerates

Exports in Africa

In 2022, wood pellets and other agglomerates exports in Africa surged to X tons, rising by X% compared with 2021. Overall, exports, however, recorded a abrupt curtailment. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood pellets and other agglomerates exports soared to $X in 2022. In general, exports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Egypt (X tons), South Africa (X tons) and Benin (X tons), together amounting to X% of total export. It was distantly followed by Tunisia (X tons) and Morocco (X tons), together achieving a X% share of total exports. Nigeria (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Benin ($X) and South Africa ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Egypt, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, flattening at the previous year. In general, the export price, however, enjoyed a notable expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Benin ($X per ton), while South Africa ($X per ton) 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.

Imports of Wood Pellets And Other Agglomerates

Imports in Africa

In 2022, approx. X tons of wood pellets and other agglomerates were imported in Africa; surging by X% compared with the previous year. In general, imports, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wood pellets and other agglomerates imports reached $X in 2022. Overall, imports showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons) represented the key importer of wood pellets and other agglomerates, committing X% of total imports. Botswana (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Sudan (X%). The following importers - Mauritius (X tons), Zambia (X tons), Namibia (X tons) and Egypt (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood pellets and other agglomerates imports into South Africa stood at X%. At the same time, Zambia (X%), Egypt (X%), Sudan (X%), Botswana (X%), Mauritius (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. While the share of Botswana (X p.p.), Sudan (X p.p.), Mauritius (X p.p.), Zambia (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wood pellets and other agglomerates importing markets in Africa were Sudan ($X), South Africa ($X) and Botswana ($X), with a combined X% share of total imports.

Sudan, with a CAGR of X%, recorded 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 in Africa stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price, however, posted a strong increase. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sudan ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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