SADC: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in SADC

The SADC coniferous roundwood market fell slightly to $X in 2022, declining by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Coniferous Roundwood Production in SADC

In value terms, coniferous roundwood production declined to $X in 2022 estimated in export price. The total production indicated a modest expansion 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Coniferous Roundwood Exports

Exports in SADC

In 2022, overseas shipments of roundwood (coniferous) decreased by X% to X cubic meters, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked at X cubic meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, coniferous roundwood exports surged to $X in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, South Africa (X cubic meters) represented the main exporter of roundwood (coniferous) in SADC, mixing up X% of total export.

South Africa was also the fastest-growing in terms of the roundwood (coniferous) exports, with a CAGR of X% from 2012 to 2022. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest coniferous roundwood supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

The export price in SADC stood at $X per cubic meter in 2022, surging by X% against the previous year. Export price indicated a tangible 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, coniferous roundwood export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Coniferous Roundwood Imports

Imports in SADC

After two years of decline, overseas purchases of roundwood (coniferous) increased by X% to X cubic meters in 2022. In general, imports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, coniferous roundwood imports soared to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of coniferous roundwood imports in 2022 were Botswana (X cubic meters), Mozambique (X cubic meters) and South Africa (X cubic meters), together recording X% of total import. Tanzania (X cubic meters) held the next position in the ranking, followed by Mauritius (X cubic meters). All these countries together held near X% share of total imports. Lesotho (X cubic meters) and Zimbabwe (X cubic meters) followed a long way behind the leaders.

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

In value terms, the largest coniferous roundwood importing markets in SADC were Botswana ($X), Mozambique ($X) and Tanzania ($X), together comprising X% of total imports.

Mozambique, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

In 2022, the import price in SADC amounted to $X per cubic meter, surging by X% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Tanzania ($X per cubic meter), while South Africa ($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 Mauritius (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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