South Africa: Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size in South Africa

The South African oriented strandboard (OSB) market dropped modestly to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a significant expansion. Over the period under review, the market reached the peak level at $X in 2021, and then declined slightly in the following year.

Oriented Strandboard (Osb) Exports

Exports from South Africa

After three years of growth, overseas shipments of oriented strandboard (OSB) decreased by X% to X cubic meters in 2022. Over the period under review, exports saw a pronounced contraction. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at X cubic meters in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, oriented strandboard (OSB) exports contracted dramatically to $X in 2022. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malawi (X cubic meters), Namibia (X cubic meters) and Saudi Arabia (X cubic meters) were the main destinations of oriented strandboard (OSB) exports from South Africa, together accounting for X% of total exports.

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

In value terms, Malawi ($X), Namibia ($X) and Mozambique ($X) appeared to be the largest markets for oriented strandboard (OSB) exported from South Africa worldwide, with a combined X% share of total exports.

Malawi, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average oriented strandboard (OSB) export price amounted to $X per cubic meter, which is down by X% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($X per cubic meter), while the average price for exports to Saudi Arabia ($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 Malawi (X%), while the prices for the other major destinations experienced mixed trend patterns.

Oriented Strandboard (Osb) Imports

Imports into South Africa

In 2022, the amount of oriented strandboard (OSB) imported into South Africa shrank markedly to X cubic meters, dropping by X% on the previous year's figure. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2021, and then declined rapidly in the following year.

In value terms, oriented strandboard (OSB) imports stood at $X in 2022. Over the period under review, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Romania (X cubic meters) constituted the largest supplier of oriented strandboard (OSB) to South Africa, with a X% share of total imports. Moreover, oriented strandboard (OSB) imports from Romania exceeded the figures recorded by the second-largest supplier, Russia (X cubic meters), more than tenfold.

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

In value terms, Romania ($X) constituted the largest supplier of oriented strandboard (OSB) to South Africa, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Romania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average oriented strandboard (OSB) import price amounted to $X per cubic meter, surging by X% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price 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, oriented strandboard (OSB) import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

Source: IndexBox Platform

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