Cote d'Ivoire: Sawnwood (Non-Coniferous) Market 2025

Sawnwood (Non-Coniferous) Market Size in Cote d'Ivoire

In 2022, the Cote d'Ivoire's sawnwood (non-coniferous) market increased by 14% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption, however, recorded a slight shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Sawnwood (Non-Coniferous) Production in Cote d'Ivoire

In value terms, sawnwood (non-coniferous) production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible reduction. The growth pace was the most rapid in 2013 when the production volume increased by 17%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Cote d'Ivoire

After two years of growth, overseas shipments of sawnwood (non-coniferous) decreased by -57.8% to X cubic meters in 2022. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by 52%. Over the period under review, the exports reached the maximum at X cubic meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) exports declined remarkably to $X in 2022. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 56% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

India (X cubic meters), Senegal (X cubic meters) and Burkina Faso (X cubic meters) were the main destinations of sawnwood (non-coniferous) exports from Cote d'Ivoire, together comprising 46% of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +63.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Senegal ($X) and Italy ($X) constituted the largest markets for sawnwood (non-coniferous) exported from Cote d'Ivoire worldwide, together comprising 33% of total exports. The United States, the UK, the Dominican Republic, India, Mali, the United Arab Emirates, Mauritania, Burkina Faso, Germany and Belgium lagged somewhat behind, together comprising a further 42%.

India, with a CAGR of +60.0%, saw the highest growth rate of 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

The average sawnwood (non-coniferous) export price stood at $X per cubic meter in 2022, growing by 45% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (non-coniferous) export price increased by +110.0% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the Dominican Republic ($X per cubic meter), while the average price for exports to Burkina Faso ($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 Belgium (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Cote d'Ivoire

After three years of growth, purchases abroad of sawnwood (non-coniferous) decreased by -78.9% to X cubic meters in 2022. Over the period under review, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 327%. Imports peaked at X cubic meters in 2021, and then shrank sharply in the following year.

In value terms, sawnwood (non-coniferous) imports fell rapidly to $X in 2022. In general, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of 525% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Italy (X cubic meters) constituted the largest sawnwood (non-coniferous) supplier to Cote d'Ivoire, with a 54% share of total imports. Moreover, sawnwood (non-coniferous) imports from Italy exceeded the figures recorded by the second-largest supplier, France (X cubic meters), threefold. The third position in this ranking was held by Lebanon (X cubic meters), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+9.0% per year) and Lebanon (-8.6% per year).

In value terms, the largest sawnwood (non-coniferous) suppliers to Cote d'Ivoire were Italy ($X), France ($X) and Lebanon ($X), together comprising 82% of total imports. Turkey and Belgium lagged somewhat behind, together accounting for a further 5.5%.

Belgium, with a CAGR of +221.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, picking up by 58% against the previous year. Overall, the import price enjoyed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for Belgium ($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 Belgium (+122.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform