SADC: Wood Residues Market 2024

Wood Residues Market Size in SADC

The SADC wood residues market soared to $X in 2020, increasing by X% against the previous year. The total consumption indicated tangible growth from 2012 to 2020: its value increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by X% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Wood Residues Production in SADC

In value terms, wood residues production expanded notably to $X in 2020 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Wood Residues Exports

Exports in SADC

In 2020, overseas shipments of wood residues increased by X% to X cubic meters, rising for the second consecutive year after four years of decline. In general, exports enjoyed a measured expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X cubic meters. From 2015 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, wood residues exports totaled $X in 2020. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2020, the exports remained at a lower figure.

Exports by Country

South Africa represented the key exporting country with an export of around X cubic meters, which amounted to X% of total exports. Mozambique (X cubic meters) held the second position in the ranking, distantly followed by Swaziland (X cubic meters). All these countries together held approx. X% share of total exports. Tanzania (X cubic meters) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the wood residues exports, with a CAGR of X% from 2012 to 2020. At the same time, Tanzania (X%) displayed positive paces of growth. Swaziland and Mozambique experienced a relatively flat trend pattern. From 2012 to 2020, the share of South Africa increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Tanzania ($X) and Mozambique ($X) were the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in SADC stood at $X per cubic meter in 2020, falling by X% against the previous year. In general, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2018; however, from 2019 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Tanzania ($X per cubic meter), while Mozambique ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced a decline in the export price figures.

Wood Residues Imports

Imports in SADC

In 2020, overseas purchases of wood residues were finally on the rise to reach X cubic meters after two years of decline. Over the period under review, imports, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X cubic meters in 2017; however, from 2018 to 2020, imports failed to regain momentum.

In value terms, wood residues imports reached $X in 2020. The total import value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in years to come.

Imports by Country

Swaziland represented the main importing country with an import of around X cubic meters, which recorded X% of total imports. Mozambique (X cubic meters) ranks second in terms of the total imports with a X% share, followed by Namibia (X%), South Africa (X%) and Zimbabwe (X%). The following importers - Zambia (X cubic meters) and Botswana (X cubic meters) - together made up X% of total imports.

Imports into Swaziland increased at an average annual rate of X% from 2012 to 2020. At the same time, Mozambique (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2020. By contrast, Botswana (X%), Zimbabwe (X%), Namibia (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Swaziland (X p.p.), Mozambique (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of Zimbabwe (X p.p.), Namibia (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported wood residues in SADC, comprising X% of total imports. The second position in the ranking was held by Swaziland ($X), with a X% share of total imports. It was followed by Zimbabwe, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Swaziland (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

In 2020, the import price in SADC amounted to $X per cubic meter, remaining stable against the previous year. Import price indicated a strong expansion from 2012 to 2020: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wood residues import price increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per cubic meter in 2019, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per cubic meter), while Mozambique ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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