Angola: Wood-Based Panels Market 2025

Wood-Based Panels Market Size in Angola

In 2022, the Angolan wood-based panels market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, continues to indicate a noticeable decrease. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Wood-Based Panels Production in Angola

In value terms, wood-based panels production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Wood-Based Panels Exports

Exports from Angola

In 2022, wood-based panels exports from Angola declined notably to X cubic meters, which is down by X% compared with the year before. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood-based panels exports fell dramatically to $X in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X cubic meters) was the main destination for wood-based panels exports from Angola, with a X% share of total exports. Moreover, wood-based panels exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, South Africa (X cubic meters), more than tenfold. Portugal (X cubic meters) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Portugal (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for wood-based panels exports from Angola, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Portugal (X% per year).

Export Prices by Country

In 2022, the average wood-based panels export price amounted to $X per cubic meter, picking up by X% against the previous year. Over the period under review, the export price saw a tangible expansion. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per cubic meter), while the average price for exports to Lebanon ($X per cubic meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced mixed trend patterns.

Wood-Based Panels Imports

Imports into Angola

In 2022, the amount of wood-based panels imported into Angola skyrocketed to X cubic meters, surging by X% against 2021. In general, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at X cubic meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, wood-based panels imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X cubic meters) constituted the largest supplier of wood-based panels to Angola, accounting for a X% share of total imports. Moreover, wood-based panels imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X cubic meters), twofold. The third position in this ranking was taken by Brazil (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Brazil (X% per year).

In value terms, Portugal ($X), China ($X) and Brazil ($X) constituted the largest wood-based panels suppliers to Angola, together accounting for X% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average wood-based panels import price amounted to $X per cubic meter, rising by X% against the previous year. Overall, the import price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2018; however, from 2019 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 Portugal ($X per cubic meter), while the price for Italy ($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 Brazil (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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