South Africa: Market for Builders' Joinery And Carpentry Of Wood 2024

Market Size for Builders' Joinery And Carpentry Of Wood in South Africa

The South African wooden joinery and carpentry market expanded slightly to $X in 2023, surging by X% against the previous year. Overall, consumption continues to indicate a slight decline. Wooden joinery and carpentry consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Builders' Joinery And Carpentry Of Wood in South Africa

In value terms, wooden joinery and carpentry production expanded slightly to $X in 2023 estimated in export price. In general, production recorded a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Wooden joinery and carpentry production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Builders' Joinery And Carpentry Of Wood

Exports from South Africa

In 2023, the amount of builders' joinery and carpentry of wood exported from South Africa contracted to X tons, which is down by X% on the year before. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, wooden joinery and carpentry exports contracted to $X in 2023. Over the period under review, exports saw a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Botswana (X tons), Lesotho (X tons) and Namibia (X tons) were the main destinations of wooden joinery and carpentry exports from South Africa, with a combined X% share of total exports. The UK, Zimbabwe, Swaziland, the United States and Mozambique lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden joinery and carpentry exported from South Africa were the UK ($X), Botswana ($X) and Namibia ($X), together comprising X% of total exports. Lesotho, the United States, Zimbabwe, Swaziland and Mozambique lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average wooden joinery and carpentry export price stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Builders' Joinery And Carpentry Of Wood

Imports into South Africa

Wooden joinery and carpentry imports into South Africa reached X tons in 2023, remaining constant against 2022. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, wooden joinery and carpentry imports plummeted to $X in 2023. Overall, imports, however, showed a pronounced downturn. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of wooden joinery and carpentry imports to South Africa, together accounting for X% of total imports. Germany, Belgium, Turkey, the Czech Republic and Austria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Indonesia ($X) and Germany ($X) were the largest wooden joinery and carpentry suppliers to South Africa, together accounting for X% of total imports. Belgium, Malaysia, the Czech Republic, Turkey and Austria lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden joinery and carpentry import price stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform