Angola: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Angola

For the sixth year in a row, the Angolan sawnwood (non-coniferous) market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption posted a prominent increase. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the immediate term.

Sawnwood (Non-Coniferous) Production in Angola

In value terms, sawnwood (non-coniferous) production rose modestly to $X in 2022 estimated in export price. Over the period under review, production saw a significant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Sawnwood (non-coniferous) production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Angola

In 2022, the amount of sawnwood (non-coniferous) exported from Angola surged to X cubic meters, growing by X% on 2021 figures. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, sawnwood (non-coniferous) exports contracted slightly to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2021, and then reduced modestly in the following year.

Exports by Country

Vietnam (X cubic meters) was the main destination for sawnwood (non-coniferous) exports from Angola, accounting for a X% share of total exports. Moreover, sawnwood (non-coniferous) exports to Vietnam exceeded the volume sent to the second major destination, Portugal (X cubic meters), threefold. The third position in this ranking was held by Turkey (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Turkey (X% per year).

In value terms, Vietnam ($X) remains the key foreign market for sawnwood (non-coniferous) exports from Angola, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Turkey (X% per year).

Export Prices by Country

The average sawnwood (non-coniferous) export price stood at $X per cubic meter in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. The export price peaked at $X per cubic meter in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per cubic meter), while the average price for exports to the United Arab Emirates ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Angola

In 2022, imports of sawnwood (non-coniferous) into Angola soared to X cubic meters, with an increase of X% against 2021 figures. Overall, imports, however, recorded a significant decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X cubic meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) imports skyrocketed to $X in 2022. In general, imports, however, showed a significant decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Portugal (X cubic meters) constituted the largest supplier of sawnwood (non-coniferous) to Angola, with a X% share of total imports. Moreover, sawnwood (non-coniferous) imports from Portugal exceeded the figures recorded by the second-largest supplier, South Africa (X cubic meters), threefold. Spain (X cubic meters) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Spain (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of sawnwood (non-coniferous) to Angola, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average sawnwood (non-coniferous) import price amounted to $X per cubic meter, reducing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per cubic meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per cubic meter), while the price for the United Arab Emirates ($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 the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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