Angola: Market for Wood Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Residues, Pellets And Other Agglomerates in Angola

The Angolan market for wood residues, pellets and other agglomerates surged to $X in 2021, jumping by 120% against the previous year. In general, consumption saw significant growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Wood Residues, Pellets And Other Agglomerates in Angola

In value terms, production of wood residues, pellets and other agglomerates soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 99% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth remained at a lower figure.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports from Angola

In 2021, shipments abroad of wood residues, pellets and other agglomerates decreased by 0% to X cubic meters, falling for the second year in a row after three years of growth. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 640%. The exports peaked at X cubic meters in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wood residues, pellets and other agglomerates totaled $X in 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 940% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Namibia (X cubic meters) was the main destination for exports of wood residues, pellets and other agglomerates from Angola, with a approx. 100% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to Namibia amounted to +45.3%.

In value terms, Namibia ($X) also remains the key foreign market for wood residues, pellets and other agglomerates exports from Angola.

From 2014 to 2021, the average annual growth rate of value to Namibia amounted to +73.9%.

Export Prices by Country

In 2021, the average export price for wood residues, pellets and other agglomerates amounted to $X per cubic meter, flattening at the previous year. Overall, the export price recorded prominent growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 47%. The export price peaked in 2021 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2014 to 2021, the rate of growth in terms of prices for Portugal amounted to +49.5% per year.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports into Angola

After two years of growth, purchases abroad of wood residues, pellets and other agglomerates decreased by -46.3% to X cubic meters in 2021. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of 774%. As a result, imports reached the peak of X cubic meters. From 2016 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of wood residues, pellets and other agglomerates declined to $X in 2021. Over the period under review, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 242% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Portugal (X cubic meters) constituted the largest supplier of wood residues, pellets and other agglomerates to Angola, accounting for a 45% share of total imports. Moreover, imports of wood residues, pellets and other agglomerates from Portugal exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), twofold. Democratic Republic of the Congo (X cubic meters) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal totaled +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.3% per year) and Democratic Republic of the Congo (0.0% per year).

In value terms, Portugal ($X) constituted the largest supplier of wood residues, pellets and other agglomerates to Angola, comprising 59% of total imports. The second position in the ranking was taken by France ($X), with a 5.9% share of total imports. It was followed by the United States, with a 3.6% share.

From 2012 to 2021, 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: France (-23.8% per year) and the United States (-6.2% per year).

Import Prices by Country

In 2021, the average import price for wood residues, pellets and other agglomerates amounted to $X per cubic meter, rising by 66% against the previous year. Overall, the import price enjoyed a measured expansion. The growth pace was the most rapid in 2016 an increase of 307% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per cubic meter), while the price for Democratic Republic of the Congo ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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