Africa: Wood Residues Market 2022

Wood Residues Market Size in Africa

In 2020, the African wood residues market decreased by -X% to $X, falling for the second consecutive year after seven years of growth. Overall, consumption recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market remained at a lower figure.

Wood Residues Production in Africa

In value terms, wood residues production dropped to $X in 2020 estimated in export prices. In general, production recorded strong growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2019 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Africa

The countries with the highest volumes of wood residues production in 2020 were South Africa (X cubic meters), Mali (X cubic meters) and Sudan (X cubic meters), with a combined X% share of total production.

From 2007 to 2020, the biggest increases were in Mali, while wood residues production for the other leaders experienced more modest paces of growth.

Wood Residues Exports

Exports in Africa

Wood residues exports expanded rapidly to X cubic meters in 2020, surging by X% compared with 2019. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. The volume of export peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, wood residues exports rose rapidly to $X in 2020. Overall, exports showed a prominent increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. The level of export peaked in 2020 and is expected to retain growth in the immediate term.

Exports by Country

Egypt dominates wood residues exports structure, reaching X cubic meters, which was approx. X% of total exports in 2020. It was distantly followed by South Africa (X cubic meters), creating a X% share of total exports. Mozambique (X cubic meters) held a relatively small share of total exports.

Egypt was also the fastest-growing in terms of the wood residues exports, with a CAGR of +X% from 2007 to 2020. At the same time, Mozambique (+X%) and South Africa (+X%) displayed positive paces of growth. Egypt (+X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest wood residues supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports.

In Egypt, wood residues exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (-X% per year) and Mozambique (-X% per year).

Export Prices by Country

In 2020, the wood residues export price in Africa amounted to $X per cubic meter, with an increase of X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, export prices reached the maximum at $X per cubic meter in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Egypt ($X per cubic meter), while Mozambique ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other leaders experienced a decline in the export price figures.

Wood Residues Imports

Imports in Africa

In 2020, purchases abroad of wood residues increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. The volume of import peaked at X cubic meters in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, wood residues imports stood at $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of import peaked in 2020 and is expected to retain growth in years to come.

Imports by Country

In 2020, Swaziland (X cubic meters) and Reunion (X cubic meters) represented the main importers of wood residues in Africa, together mixing up X% of total imports. It was distantly followed by Morocco (X cubic meters), Mozambique (X cubic meters), Namibia (X cubic meters), South Africa (X cubic meters) and Zimbabwe (X cubic meters), together achieving a X% share of total imports. The following importers - Rwanda (X cubic meters), Zambia (X cubic meters), Mauritania (X cubic meters), Egypt (X cubic meters) and Botswana (X cubic meters) - each recorded a X% share of total imports.

From 2007 to 2020, the biggest increases were in Swaziland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported wood residues in Africa, comprising X% of total imports. The second position in the ranking was occupied by Morocco ($X), with a X% share of total imports. It was followed by Reunion, with a X% share.

From 2007 to 2020, the average annual growth rate of value in South Africa totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (+X% per year) and Reunion (X% per year).

Import Prices by Country

The wood residues import price in Africa stood at $X per cubic meter in 2020, stabilizing at the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 when the import price increased by X% against the previous year. The level of import peaked in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was South Africa ($X per cubic meter), while Mozambique ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :