SADC: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in SADC

The SADC wooden furniture treatments market shrank modestly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a perceptible curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Wooden Furniture Treatments Production in SADC

In value terms, wooden furniture treatments production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced slump. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Wooden Furniture Treatments Exports

Exports in SADC

In 2022, exports of polishes and creams for wooden furniture and floors in SADC contracted modestly to X tons, which is down by X% against the year before. Over the period under review, exports recorded a pronounced setback. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, wooden furniture treatments exports stood at $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X tons) was the major exporter of polishes and creams for wooden furniture and floors, making up X% of total exports. It was distantly followed by Mauritius (X tons), generating a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritius (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Mauritius (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest wooden furniture treatments supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports.

In South Africa, wooden furniture treatments exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, picking up 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 2017 an increase of X%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Mauritius totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Wooden Furniture Treatments Imports

Imports in SADC

Wooden furniture treatments imports reduced to X tons in 2022, waning by X% on the year before. In general, imports recorded a pronounced decrease. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, wooden furniture treatments imports expanded rapidly to $X in 2022. Over the period under review, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Zambia was the major importer of polishes and creams for wooden furniture and floors in SADC, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Madagascar (X tons) took the second position in the ranking, followed by Zimbabwe (X tons), Lesotho (X tons) and Botswana (X tons). All these countries together took near X% share of total imports. The following importers - Mozambique (X tons) and South Africa (X tons) - each reached a X% share of total imports.

Zambia experienced a relatively flat trend pattern with regard to volume of imports of polishes and creams for wooden furniture and floors. At the same time, Madagascar (X%) and Lesotho (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%), Mozambique (X%), Zimbabwe (X%) and Botswana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Madagascar, Zambia and Lesotho increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wooden furniture treatments importing markets in SADC were Madagascar ($X), Zambia ($X) and Zimbabwe ($X), together accounting for X% of total imports.

Madagascar, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a slight contraction. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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