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South Africa - Wooden Particle Board - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

South Africa - Wooden Particle Board - Market Analysis, Forecast, Size, Trends And Insights

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Jun 13, 2023

South Africa's Wooden Particle Board Price Rises Slightly to $505 per Cubic Meter

South Africa Wooden Particle Board Export Price in February 2023

In February 2023, the wooden particle board price stood at $505 per cubic meter (FOB, South Africa), rising by 3.4% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in July 2022 an increase of 16% m-o-m. The export price peaked at $690 per cubic meter in February 2022; however, from March 2022 to February 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Lesotho ($1,974 per cubic meter), while the average price for exports to Malawi ($244 per cubic meter) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Wooden Particle Board in South Africa (USD per cubic meter)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
Lesotho834845N/A2947076995051991,3198944901,9041,974
Democratic Republic of the Congo537524552519N/AN/AN/AN/AN/AN/AN/AN/A1,957
ZambiaN/AN/AN/AN/AN/A648N/A862N/A1,0711,282773985
Namibia772867600496533546479589498580593527920
Swaziland697503643648560536490553492628514728531
Botswana702699639691543704827786475407391423466
ZimbabweN/A601897N/AN/A6,827N/AN/A2,187N/AN/AN/A289
MalawiN/AN/A411522N/A529N/A435743N/A321788244
Average690669622554555646583568518503440488505

South Africa Wooden Particle Board Exports

In February 2023, shipments abroad of wooden particle board was finally on the rise to reach 684 cubic meters for the first time since October 2022, thus ending a three-month declining trend. Over the period under review, total exports indicated a notable increase from February 2022 to February 2023: its volume increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports increased by +68.9% against January 2023 indices. The most prominent rate of growth was recorded in August 2022 when exports increased by 129% against the previous month. As a result, the exports reached the peak of 720 cubic meters. From September 2022 to February 2023, the growth of the exports failed to regain momentum.

In value terms, wooden particle board exports soared to $345K (IndexBox estimates) in February 2023. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when exports increased by 107% m-o-m. As a result, the exports reached the peak of $420K. From September 2022 to February 2023, the growth of the exports remained at a somewhat lower figure.

South Africa Wooden Particle Board Exports by Country

Botswana (378 cubic meters) was the main destination for wooden particle board exports from South Africa, with a 55% share of total exports. Moreover, wooden particle board exports to Botswana exceeded the volume sent to the second major destination, Swaziland (137 cubic meters), threefold. Namibia (51 cubic meters) ranked third in terms of total exports with a 7.5% share.

From February 2022 to February 2023, the average monthly growth rate of volume to Botswana was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Swaziland (+3.3% per month) and Namibia (+0.5% per month).

In value terms, Botswana ($176K) remains the key foreign market for wooden particle board exports from South Africa, comprising 51% of total exports. The second position in the ranking was taken by Swaziland ($73K), with a 21% share of total exports. It was followed by Namibia, with a 14% share.

From February 2022 to February 2023, the average monthly growth rate of value to Botswana stood at -2.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Swaziland (+0.9% per month) and Namibia (+2.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden particle board market in South 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:

  • Prodcom 16211319 - Waferboard and similar board, of wood (excluding particle board and oriented strand board [OSB])

Country coverage:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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