Africa: Sawnwood Market 2024

Sawnwood Market Size in Africa

In 2022, the African sawnwood market decreased by X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, saw a slight shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sawnwood Production in Africa

In value terms, sawnwood production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sawnwood Exports

Exports in Africa

In 2022, exports of sawnwood in Africa dropped modestly to X cubic meters, therefore, remained relatively stable against the year before. Total exports indicated moderate growth from 2012 to 2022: its volume 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, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2021, and then reduced in the following year.

In value terms, sawnwood exports totaled $X in 2022. Total exports indicated a prominent 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Cameroon (X cubic meters) and Gabon (X cubic meters) represented the major exporters of sawnwood in 2022, accounting for approx. X% and X% of total exports, respectively. It was distantly followed by Congo (X cubic meters), South Africa (X cubic meters), Swaziland (X cubic meters) and Tanzania (X cubic meters), together constituting a X% share of total exports. Mozambique (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Congo (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest sawnwood supplying countries in Africa were Cameroon ($X), Gabon ($X) and Congo ($X), with a combined X% share of total exports.

Congo, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per cubic meter in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Congo ($X per cubic meter), while Mozambique ($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 South Africa (X%), while the other leaders experienced a decline in the export price figures.

Sawnwood Imports

Imports in Africa

In 2022, overseas purchases of sawnwood decreased by X% to X cubic meters, falling for the fourth consecutive year after two years of growth. Overall, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X cubic meters. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, sawnwood imports contracted to $X in 2022. In general, imports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Algeria (X cubic meters) and Egypt (X cubic meters) were the main importers of sawnwood in Africa, together achieving X% of total imports. Morocco (X cubic meters) took the next position in the ranking, followed by Tunisia (X cubic meters), South Africa (X cubic meters) and Libya (X cubic meters). All these countries together took approx. X% share of total imports. Kenya (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest sawnwood importing markets in Africa were Egypt ($X), Algeria ($X) and Morocco ($X), with a combined X% share of total imports. Tunisia, South Africa, Libya and Kenya lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Kenya, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per cubic meter, rising by X% against the previous year. Import price indicated a measured increase 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, sawnwood import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Egypt ($X per cubic meter), while Kenya ($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 Kenya (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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