Cameroon: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Cameroon

The Cameroonian market for saw logs and veneer logs (non-coniferous) rose notably to $X in 2022, picking up by 14% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +41.7% against 2018 indices. Consumption of peaked in 2022 and is likely to see steady growth in years to come.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Cameroon

In value terms, production of saw logs and veneer logs (non-coniferous) fell slightly to $X in 2022 estimated in export price. In general, production saw strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 57% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Cameroon

In 2022, exports of saw logs and veneer logs (non-coniferous) from Cameroon contracted sharply to X cubic meters, with a decrease of -29.2% on the year before. In general, exports, however, continue to indicate notable growth. The pace of growth was the most pronounced in 2015 when exports increased by 127% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of saw logs and veneer logs (non-coniferous) declined sharply to $X in 2022. Over the period under review, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of 130% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

China (X cubic meters), Vietnam (X cubic meters) and India (X cubic meters) were the main destinations of exports of saw logs and veneer logs (non-coniferous) from Cameroon, together comprising 75% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +7.6%), while the other leaders experienced a decline.

In value terms, the largest markets for saw logs and veneer logs (non-coniferous) exported from Cameroon were China ($X), Vietnam ($X) and India ($X), with a combined 68% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +7.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2022, with an increase of 8.9% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for saw logs and veneer logs (non-coniferous) increased by +71.5% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 23%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per cubic meter), while the average price for exports to Vietnam ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Cameroon

In 2022, overseas purchases of saw logs and veneer logs (non-coniferous) decreased by -49.3% to X cubic meters, falling for the third year in a row after two years of growth. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 7,070%. As a result, imports attained the peak of X cubic meters. From 2016 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of saw logs and veneer logs (non-coniferous) shrank remarkably to $X in 2022. Over the period under review, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 3,767% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Central African Republic (X cubic meters) was the main supplier of saw logs and veneer logs (non-coniferous) to Cameroon, with a 97% share of total imports. It was followed by Congo (X cubic meters), with a 2.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Central African Republic totaled -2.1%.

In value terms, Central African Republic ($X) and Congo ($X) were the largest saw logs and veneer logs (non-coniferous) suppliers to Cameroon.

Congo, with a CAGR of -21.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, with a decrease of -16.4% against the previous year. Overall, the import price recorded a deep slump. The growth pace was the most rapid in 2016 an increase of 25%. The import price peaked at $X per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Congo ($X per cubic meter), while the price for Central African Republic stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Congo (+17.4%).

Source: IndexBox Platform