South Africa: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in South Africa

The South African wood chips and particles market stood at $X in 2022, surging by X% against the previous year. Overall, consumption, however, saw a mild downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Wood Chips And Particles in South Africa

In value terms, wood chips and particles production fell modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Wood Chips And Particles

Exports from South Africa

In 2022, overseas shipments of wood chips and particles increased by X% to X cubic meters, rising for the second consecutive year after four years of decline. Over the period under review, total exports indicated a temperate increase from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X cubic meters in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, wood chips and particles exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Japan (X cubic meters) was the main destination for wood chips and particles exports from South Africa, with a X% share of total exports. Moreover, wood chips and particles exports to Japan exceeded the volume sent to the second major destination, China (X cubic meters), threefold. Indonesia (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Indonesia (X% per year).

In value terms, Japan ($X) remains the key foreign market for wood chips and particles exports from South Africa, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Indonesia (X% per year).

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2022, increasing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($X per cubic meter) and Indonesia ($X per cubic meter), while the average price for exports to Spain ($X per cubic meter) and China ($X per cubic meter) were amongst the lowest.

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

Imports of Wood Chips And Particles

Imports into South Africa

Wood chips and particles imports into South Africa stood at X cubic meters in 2022, growing by X% compared with 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wood chips and particles imports declined rapidly to $X in 2022. In general, imports posted a tangible increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Swaziland (X cubic meters) was the main supplier of wood chips and particles to South Africa, accounting for a X% share of total imports. Moreover, wood chips and particles imports from Swaziland exceeded the figures recorded by the second-largest supplier, Namibia (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Swaziland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Germany (X% per year).

In value terms, Swaziland ($X) constituted the largest supplier of wood chips and particles to South Africa, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Swaziland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Namibia (X% per year).

Import Prices by Country

The average wood chips and particles import price stood at $X per cubic meter in 2022, declining by X% against the previous year. Overall, the import price recorded a dramatic setback. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for Namibia ($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 Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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