Ethiopia: Roundwood Market 2025

Roundwood Market Size in Ethiopia

The Ethiopian roundwood market reached $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Roundwood Production in Ethiopia

In value terms, roundwood production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Roundwood production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Roundwood Exports

Exports from Ethiopia

In 2022, overseas shipments of roundwood were finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, roundwood exports skyrocketed to $X in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Somalia (X cubic meters), the United Arab Emirates (X cubic meters) and Saudi Arabia (X cubic meters) were the main destinations of roundwood exports from Ethiopia, with a combined X% share 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 Somalia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Somalia ($X) remains the key foreign market for roundwood exports from Ethiopia, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Somalia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average roundwood export price amounted to $X per cubic meter, shrinking by X% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Somalia ($X per cubic meter), while the average price for exports to the United Arab Emirates ($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 Sudan (X%).

Roundwood Imports

Imports into Ethiopia

In 2022, roundwood imports into Ethiopia soared to X cubic meters, picking up by X% compared with the year before. Over the period under review, imports, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X cubic meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, roundwood imports soared to $X in 2022. Overall, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X cubic meters) was the main supplier of roundwood to Ethiopia, with a X% share of total imports. It was followed by Italy (X cubic meters), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of roundwood to Ethiopia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

The average roundwood import price stood at $X per cubic meter in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per cubic meter), while the price for China amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform