South Africa: Fiberboard Market 2024

Fiberboard Market Size in South Africa

In 2022, the South African fiberboard market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, the total consumption indicated a moderate increase 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. Fiberboard consumption peaked at $X in 2021, and then declined significantly in the following year.

Fiberboard Exports

Exports from South Africa

Fiberboard exports from South Africa rose sharply to X cubic meters in 2022, picking up by X% on the previous year's figure. Overall, exports, however, recorded a pronounced reduction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, fiberboard exports rose notably to $X in 2022. In general, exports, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2021 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

Zimbabwe (X cubic meters) was the main destination for fiberboard exports from South Africa, accounting for a X% share of total exports. Moreover, fiberboard exports to Zimbabwe exceeded the volume sent to the second major destination, Namibia (X cubic meters), sixfold. Botswana (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 Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Botswana (X% per year).

In value terms, Zimbabwe ($X) remains the key foreign market for fiber board of wood or other ligneous materials exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

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

Export Prices by Country

The average fiberboard export price stood at $X per cubic meter in 2022, approximately equating the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per cubic meter), while the average price for exports to Tanzania ($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 Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports

Imports into South Africa

In 2022, purchases abroad of fiber board of wood or other ligneous materials decreased by X% to X cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a relatively flat trend pattern. 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 2021, and then declined in the following year.

In value terms, fiberboard imports fell to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Brazil (X cubic meters) constituted the largest supplier of fiberboard to South Africa, accounting for a X% share of total imports. Moreover, fiberboard imports from Brazil exceeded the figures recorded by the second-largest supplier, Thailand (X cubic meters), twofold. 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 Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Spain (X% per year).

In value terms, the largest fiberboard suppliers to South Africa were Brazil ($X), Germany ($X) and Thailand ($X), with a combined X% share of total imports. China, Spain, Hungary, Poland, Latvia, Malaysia, Malawi and Belgium lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fiberboard import price amounted to $X per cubic meter, rising by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for Brazil ($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 Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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