Africa: Wood Fuel (Coniferous) Market 2020

Wood Fuel (Coniferous) Market Size in Africa

The revenue of the wood fuel (coniferous) market in Africa amounted to $X in 2017, coming up by X% against the previous year. The wood fuel (coniferous) consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Over the period under review, the wood fuel (coniferous) market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Wood Fuel (Coniferous) Production in Africa

The wood fuel (coniferous) production totaled X cubic meters in 2017, approximately reflecting the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2012, when the output figure increased by X% year-to-year. The volume of wood fuel (coniferous) production peaked in 2017, and is likely to continue its growth in the immediate term.

Wood Fuel (Coniferous) Exports

Exports in Africa

In 2017, approx. X cubic meters of wood fuel (coniferous) were exported in Africa; coming up by X% against the previous year. The total exports indicated a moderate growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the wood fuel (coniferous) exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. In that year, the wood fuel (coniferous) exports attained their peak volume of X cubic meters. From 2014 to 2017, growth of the wood fuel (coniferous) exports failed to regain its momentum.

In value terms, wood fuel (coniferous) exports totaled $X in 2017. The total exports indicated a mild expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the wood fuel (coniferous) exports attained their peak level, and are likely to continue its growth in the immediate term.

Exports by Country

Swaziland represented the major exporting country with an export of around X cubic meters, which recorded X% of total exports. Ghana (X cubic meters) held a X% share (based on tons) of total exports, which put it in second place, followed by Nigeria (X%) and Egypt (X%). Zimbabwe (X cubic meters) and South Africa (X cubic meters) took the weak share of total exports.

From 2007 to 2017, average annual rates of growth with regard to wood fuel (coniferous) exports from Swaziland stood at +X%. At the same time, Ghana (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Nigeria (-X%), Zimbabwe (-X%) and South Africa (-X%) illustrated a downward trend over the same period. While the share of Nigeria (X%), Zimbabwe (X%) and South Africa (X%) increased significantly in terms of the global exports from 2007-2017, the share of Egypt (-X%), Ghana (-X%) and Swaziland (-X%) displayed negative dynamics.

In value terms, the largest wood fuel (coniferous) markets worldwide were Swaziland ($X), Ghana ($X) and Nigeria ($X), together comprising X% of total exports.

Ghana (+X% per year) recorded the highest growth rate of exports, among the main exporting countriesover the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The wood fuel (coniferous) export price in Africa stood at $X per thousand cubic meters in 2017, increasing by X% against the previous year. The wood fuel (coniferous) export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. Over the period under review, the export prices for wood fuel (coniferous) attained its peak figure level of $X per thousand cubic meters in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Africa ($X per thousand cubic meters), while Egypt ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

Wood Fuel (Coniferous) Imports

Imports in Africa

In 2017, the amount of wood fuel (coniferous) imported in Africa amounted to X cubic meters, coming up by X% against the previous year. The wood fuel (coniferous) imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when imports increased by X% year-to-year. Over the period under review, the wood fuel (coniferous) imports reached its maximum volume of X cubic meters in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, wood fuel (coniferous) imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Imports by Country

South Africa was the major importing country with an import of about X cubic meters, which amounted to X% of total imports. Botswana (X cubic meters) ranks second in terms of the global imports with a X% share, followed by Morocco (X%). Namibia (X cubic meters), Egypt (X cubic meters), Algeria (X cubic meters) and Nigeria (X cubic meters) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of +X% from 2007 to 2017. At the same time, Morocco (+X%) and Botswana (+X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Nigeria and Egypt experienced a relatively flat trend pattern. By contrast, Namibia (-X%) and Algeria (-X%) illustrated a downward trend over the same period. Algeria (X%) significantly strengthened its position in terms of the global imports, while Botswana, South Africa and Morocco saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported wood fuel (coniferous) in Africa, making up X% of global imports. The second position in the ranking was occupied by Morocco ($X), with a X% share of global imports. It was followed by Botswana, with a X% share.

In South Africa, wood fuel (coniferous) imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (+X% per year) and Botswana (+X% per year).

Import Prices by Country

In 2017, the wood fuel (coniferous) import price in Africa amounted to $X per thousand cubic meters, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2009, an increase of X% y-o-y. Over the period under review, the import prices for wood fuel (coniferous) reached its maximum level of $X per thousand cubic meters in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Algeria ($X per thousand cubic meters), while Botswana ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform