South Africa: Sawnwood Market 2024

Sawnwood Market Size in South Africa

In 2022, the South African sawnwood market was finally on the rise to reach $X after three years of decline. The market 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. Sawnwood consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Sawnwood Production in South Africa

In value terms, sawnwood production dropped slightly to $X in 2022 estimated in export price. The total output 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 growth pace was the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Sawnwood Exports

Exports from South Africa

In 2022, the amount of sawnwood exported from South Africa declined to X cubic meters, waning by X% against 2021. Over the period under review, exports faced a drastic downturn. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood exports contracted to $X in 2022. Overall, total exports indicated moderate growth 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Botswana (X cubic meters), Saudi Arabia (X cubic meters) and Namibia (X cubic meters) were the main destinations of sawnwood exports from South Africa, with a combined X% share of total exports. Mozambique, Lesotho, Seychelles, Maldives, Zimbabwe and Swaziland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Maldives (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Botswana ($X) remains the key foreign market for sawnwood exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Mozambique, with a X% share.

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

Export Prices by Country

In 2022, the average sawnwood export price amounted to $X per cubic meter, leveling off at the previous year. Overall, the export price, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2021, and then contracted slightly in the following year.

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

Sawnwood Imports

Imports into South Africa

In 2022, the amount of sawnwood imported into South Africa contracted notably to X cubic meters, reducing by X% on the previous year. In general, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X cubic meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, sawnwood imports amounted to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Swaziland (X cubic meters) constituted the largest sawnwood supplier to South Africa, with a X% share of total imports. Moreover, sawnwood imports from Swaziland exceeded the figures recorded by the second-largest supplier, Malaysia (X cubic meters), twofold. The third position in this ranking was taken by the United States (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Swaziland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United States (X% per year).

In value terms, Swaziland ($X) constituted the largest supplier of sawnwood to South Africa, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with an X% share of total imports. It was followed by the United States, with an X% share.

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: Malaysia (X% per year) and the United States (X% per year).

Import Prices by Country

The average sawnwood import price stood at $X per cubic meter in 2022, surging by X% against the previous year. Overall, the import price showed a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :