Africa: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in Africa

The revenue of the chipped coniferous wood market in Africa amounted to $X in 2018, surging by X% against the previous year. The total market indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped coniferous wood consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. In that year, the chipped coniferous wood market attained its peak level and is likely to continue its growth in the immediate term.

Chipped Coniferous Wood Production in Africa

In value terms, chipped coniferous wood production amounted to $X in 2018 estimated in export prices. In general, chipped coniferous wood production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. In that year, chipped coniferous wood production attained its peak level of $X, and then declined slightly in the following year.

Production By Country in Africa

Nigeria (X tons) remains the largest chipped coniferous wood producing country in Africa, comprising approx. X% of total production. Moreover, chipped coniferous wood production in Nigeria exceeded the figures recorded by the region's second-largest producer, Egypt (X tons), threefold. The third position in this ranking was occupied by South Africa (X tons), with a X% share.

In Nigeria, chipped coniferous wood production expanded at an average annual rate of +X% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Egypt (+X% per year) and South Africa (+X% per year).

Chipped Coniferous Wood Exports

Exports in Africa

In 2018, approx. X tons of coniferous wood in chips or particles were exported in Africa; going up by X% against the previous year. Over the period under review, chipped coniferous wood exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. The volume of exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, chipped coniferous wood exports stood at $X in 2018. Over the period under review, chipped coniferous wood exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Swaziland (X tons) and Mozambique (X tons) prevails in chipped coniferous wood exports structure, together making up X% of total exports. South Africa (X tons) held an X% share (based on tons) of total exports, which put it in second place, followed by Cote d'Ivoire (X%). Nigeria (X tons) and Egypt (X tons) held a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest chipped coniferous wood markets in Africa were Mozambique ($X), South Africa ($X) and Swaziland ($X), together accounting for X% of total exports. Nigeria, Cote d'Ivoire and Egypt lagged somewhat behind, together comprising a further X (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the chipped coniferous wood export price in Africa amounted to $X per ton, reducing by -X% against the previous year. Overall, the chipped coniferous wood export price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. The level of export price peaked at $X per ton in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Nigeria ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Nigeria, while the other leaders experienced mixed trends in the export price figures.

Chipped Coniferous Wood Imports

Imports in Africa

The imports stood at X tons in 2018, growing by X% against the previous year. Overall, chipped coniferous wood imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, chipped coniferous wood imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, chipped coniferous wood imports stood at $X in 2018. Over the period under review, chipped coniferous wood imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. In that year, chipped coniferous wood imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

South Africa was the major importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Botswana (X tons), creating a X% share of total imports. The following importers - Congo (X tons) and Chad (X tons) - together made up X% of total imports.

South Africa was also the fastest-growing in terms of the coniferous wood in chips or particles imports, with a CAGR of +X% from 2007 to 2018. At the same time, Botswana (+X%) and Congo (+X%) displayed positive paces of growth. By contrast, Chad (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of South Africa, Botswana and Congo increased by +X%, +X% and +X% percentage points, while Chad (-X p.p.) saw their share reduced.

In value terms, Botswana ($X) constitutes the largest market for imported coniferous wood in chips or particles in Africa, comprising X% of total chipped coniferous wood imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total imports. It was followed by Chad, with a X% share.

In Botswana, chipped coniferous wood imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Chad (-X% per year).

Import Prices by Country

In 2018, the chipped coniferous wood import price in Africa amounted to $X per ton, shrinking by -X% against the previous year. Overall, the chipped coniferous wood import price continues to indicate a deep drop. The most prominent rate of growth was recorded in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for coniferous wood in chips or particles attained their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Botswana ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Botswana, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform