Production of Wood Residues in Mali - 2022

Wood Residues Production in Mali - 2022

Wood residues production in Mali stood at 643K cubic meters in 2020, approximately reflecting 2019. The total output volume increased at an average annual rate of +8.2% from 2017 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 27%. Over the period under review, production reached the maximum volume in 2020 and is expected to retain growth in years to come.

In value terms, wood residues production dropped to $655M in 2020 estimated in export price. In general, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 105%. As a result, production attained the peak level of $769M. From 2019 to 2020, production growth remained at a lower figure.

Source: IndexBox Market Intelligence Platform

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