Report Western Africa - Coniferous Wood in the Rough - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 19, 2023

Western Africa - Coniferous Wood in the Rough - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Coniferous Wood In The Rough 2023

Market Size for Coniferous Wood In The Rough in Western Africa

The West African market for coniferous wood in the rough totaled $X in 2022, approximately mirroring the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Coniferous Wood In The Rough in Western Africa

In value terms, coniferous wood in the rough production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 31% against the previous year. Over the period under review, coniferous wood in rough production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Coniferous Wood In The Rough

Exports in Western Africa

In 2022, after four years of growth, there was decline in shipments abroad of coniferous wood in the rough, when their volume decreased by -2.2% to X cubic meters. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 334%. As a result, the exports reached the peak of X cubic meters. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, coniferous wood in the rough exports stood at $X in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 63%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Togo (X cubic meters) and Benin (X cubic meters) represented roughly 53% of total exports in 2022. Ghana (X cubic meters) held a 16% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (7.6%), Guinea (7.5%), Liberia (6.9%) and Senegal (6.7%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Benin (with a CAGR of +42.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest coniferous wood in the rough supplying countries in Western Africa were Benin ($X), Guinea ($X) and Togo ($X), together comprising 57% of total exports.

Benin, with a CAGR of +52.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per cubic meter in 2022, rising by 5.2% against the previous year. Overall, the export price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of 52% against the previous year. Over the period under review, the export prices reached 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Guinea ($X per cubic meter), while Senegal ($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 Benin (+7.0%), while the other leaders experienced more modest paces of growth.

Imports of Coniferous Wood In The Rough

Imports in Western Africa

Coniferous wood in the rough imports dropped modestly to X cubic meters in 2022, declining by -2.1% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2014 when imports increased by 30%. As a result, imports attained the peak of X cubic meters. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coniferous wood in the rough imports fell modestly to $X in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 7.8% against the previous year. Over the period under review, coniferous wood in rough imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Liberia (X cubic meters) and Saint Helena, Ascension and Tristan da Cunha (X cubic meters) dominates imports structure, together mixing up 90% of total imports. The following importers - Cote d'Ivoire (X cubic meters) and Nigeria (X cubic meters) - together made up 6.8% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cote d'Ivoire (with a CAGR of +31.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Saint Helena, Ascension and Tristan da Cunha ($X), Liberia ($X) and Nigeria ($X) were the countries with the highest levels of imports in 2022, with a combined 73% share of total imports. These countries were followed by Cote d'Ivoire, which accounted for a further 0.4%.

Cote d'Ivoire, with a CAGR of +7.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per cubic meter in 2022, declining by -1.5% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 98%. Over the period under review, import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per cubic meter), while Cote d'Ivoire ($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 Nigeria (+19.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for coniferous wood in the rough in Western Africa?
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Ghana remains the largest coniferous wood in the rough consuming country in Western Africa, comprising approx. 69% of total volume. Moreover, coniferous wood in the rough consumption in Ghana exceeded the figures recorded by the second-largest consumer, Togo, sixfold. Nigeria ranked third in terms of total consumption with a 5.1% share.
What are the largest producers of coniferous wood in the rough in Western Africa?
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Ghana remains the largest coniferous wood in the rough producing country in Western Africa, accounting for 71% of total volume. Moreover, coniferous wood in the rough production in Ghana exceeded the figures recorded by the second-largest producer, Togo, fivefold. Nigeria ranked third in terms of total production with a 5.4% share.
What are the leading suppliers of coniferous wood in the rough in Western Africa?
+
In value terms, Benin, Guinea and Togo appeared to be the countries with the highest levels of exports in 2022, with a combined 57% share of total exports.
What are the leading importers of coniferous wood in the rough in Western Africa?
+
In value terms, Saint Helena, Ascension and Tristan da Cunha, Liberia and Nigeria were the countries with the highest levels of imports in 2022, with a combined 73% share of total imports. Cote d'Ivoire lagged somewhat behind, accounting for a further 0.4%.
What is the average export price for coniferous wood in the rough in Western Africa?
+
In 2022, the export price in Western Africa amounted to $81 per cubic meter, with an increase of 5.2% against the previous year.
What is the average import price for coniferous wood in the rough in Western Africa?
+
In 2022, the import price in Western Africa amounted to $76 per cubic meter, reducing by -1.5% against the previous year.

This report provides an in-depth analysis of the market for coniferous wood in the rough in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• FCL 1866 -
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Western Africa, split by region and country
• Trade (exports and imports) in Western Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Benin
• Burkina Faso
• Cabo Verde
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Niger
• Nigeria
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo
• Cote d'Ivoire
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Volume Forecast to 2030
Figure 5:
Market Value Forecast to 2030
Figure 6:
Products: Market Size And Growth, By Type
Figure 7:
Products: Average Per Capita Consumption, By Type
Figure 8:
Products: Exports And Growth, By Type
Figure 9:
Products: Export Prices And Growth, By Type
Figure 10:
Production Volume And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Production, By Country, 2022
Figure 20:
Production, In Physical Terms, By Country, 2012–2022
Figure 21:
Imports, In Physical Terms, 2012–2022
Figure 22:
Imports, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, By Country, 2022
Figure 24:
Imports, In Physical Terms, By Country, 2012–2022
Figure 25:
Imports, In Value Terms, By Country, 2012–2022
Figure 26:
Import Prices, By Country, 2012–2022
Figure 27:
Exports, In Physical Terms, 2012–2022
Figure 28:
Exports, In Value Terms, 2012–2022
Figure 29:
Exports, In Physical Terms, By Country, 2022
Figure 30:
Exports, In Physical Terms, By Country, 2012–2022
Figure 31:
Exports, In Value Terms, By Country, 2012–2022
Figure 32:
Export Prices, 2012–2022
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