Angola: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in Angola

The Angolan industrial roundwood market rose modestly to $X in 2022, growing by 2.8% against the previous year. Overall, consumption, however, saw a mild descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Industrial Roundwood Production in Angola

In value terms, industrial roundwood production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable setback. The pace of growth was the most pronounced in 2013 with an increase of 52%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Industrial Roundwood Exports

Exports from Angola

In 2022, exports of industrial roundwood from Angola declined dramatically to X cubic meters, shrinking by -33.3% on the previous year's figure. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 303%. Over the period under review, the exports attained the maximum at X cubic meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood exports dropped significantly to $X in 2022. In general, exports, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 265% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X cubic meters), China (X cubic meters) and the United Arab Emirates (X cubic meters) were the main destinations of industrial roundwood exports from Angola, together comprising 66% of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +86.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial roundwood exported from Angola were Vietnam ($X), China ($X) and the United Arab Emirates ($X), together comprising 62% of total exports.

Vietnam, with a CAGR of +65.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average industrial roundwood export price amounted to $X per cubic meter, with an increase of 11% against the previous year. In general, the export price, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 49%. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Namibia ($X per cubic meter) and China ($X per cubic meter), while the average price for exports to the United Arab Emirates ($X per cubic meter) and Vietnam ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Roundwood Imports

Imports into Angola

In 2022, the amount of industrial roundwood imported into Angola soared to X cubic meters, rising by 1,450% against the previous year. Overall, imports, however, saw a abrupt curtailment. Imports peaked at X cubic meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, industrial roundwood imports soared to $X in 2022. In general, imports, however, saw a abrupt descent. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Portugal (X cubic meters) constituted the largest supplier of industrial roundwood to Angola, accounting for a 35% share of total imports. Moreover, industrial roundwood imports from Portugal exceeded the figures recorded by the second-largest supplier, South Africa (X cubic meters), twofold. Brazil (X cubic meters) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal totaled +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-10.3% per year) and Brazil (-12.1% per year).

In value terms, Portugal ($X) constituted the largest supplier of industrial roundwood to Angola, comprising 39% of total imports. The second position in the ranking was held by Brazil ($X), with an 11% share of total imports. It was followed by South Africa, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal amounted to -10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-8.6% per year) and South Africa (-28.7% per year).

Import Prices by Country

In 2022, the average industrial roundwood import price amounted to $X per cubic meter, shrinking by -24.8% against the previous year. Over the period under review, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 142%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Namibia ($X per cubic meter), while the price for South Africa ($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 Congo (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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