Cameroon: Market for Wood Chips And Particles 2025

Market Size for Wood Chips And Particles in Cameroon

The Cameroonian wood chips and particles market reached $X in 2022, with an increase of 1.8% against the previous year. Over the period under review, consumption, however, saw a mild decrease. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Wood Chips And Particles in Cameroon

In value terms, wood chips and particles production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2019 when the production volume increased by 13%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Wood Chips And Particles

Exports from Cameroon

In 2022, overseas shipments of wood chips and particles decreased by -23% to X cubic meters, falling for the fourth year in a row after four years of growth. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by 366%. Over the period under review, the exports attained the maximum at X cubic meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood chips and particles exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 336%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Chad (X cubic meters) was the main destination for wood chips and particles exports from Cameroon, with a 42% share of total exports. It was followed by China (X cubic meters), with a 0.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chad was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Ireland (-79.6% per year).

In value terms, Chad ($X) remains the key foreign market for wood chips and particles exports from Cameroon, comprising 20% of total exports. The second position in the ranking was held by China ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chad was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Ireland (-83.9% per year).

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2022, with an increase of 117% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of 187%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chad ($X per cubic meter), while the average price for exports to Ireland ($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 Chad (-0.2%).

Imports of Wood Chips And Particles

Imports into Cameroon

In 2022, approx. X cubic meters of wood chips and particles were imported into Cameroon; shrinking by -24.8% compared with the year before. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 164% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wood chips and particles imports rose notably to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 351%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X cubic meters) constituted the largest wood chips and particles supplier to Cameroon, accounting for a 46% share of total imports. Moreover, wood chips and particles imports from Spain exceeded the figures recorded by the second-largest supplier, France (X cubic meters), eightfold.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to -19.2%.

In value terms, Spain ($X) constituted the largest supplier of wood chips and particles to Cameroon, comprising 45% of total imports. The second position in the ranking was held by France ($X), with a 5.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-16.5% per year) and Germany (-43.5% per year).

Import Prices by Country

In 2022, the average wood chips and particles import price amounted to $X per cubic meter, jumping by 44% against the previous year. Overall, the import price enjoyed significant growth. The growth pace was the most rapid in 2017 an increase of 438% against the previous year. Over the period under review, average import prices attained the peak figure at $X per cubic meter in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for France ($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 Nigeria (+1,061.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform