SADC: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in SADC

In 2022, the SADC market for saw logs and veneer logs decreased by X% to $X, falling for the fourth year in a row after two years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by X%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Saw Logs And Veneer Logs in SADC

In value terms, saw logs and veneer logs production reduced slightly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Saw Logs And Veneer Logs

Exports in SADC

In 2022, approx. X cubic meters of saw logs and veneer logs were exported in SADC; reducing by X% against 2021 figures. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X cubic meters in 2021, and then declined markedly in the following year.

In value terms, saw logs and veneer logs exports contracted sharply to $X in 2022. Over the period under review, exports recorded a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank dramatically in the following year.

Exports by Country

South Africa was the main exporting country with an export of about X cubic meters, which recorded X% of total exports. It was distantly followed by Democratic Republic of the Congo (X cubic meters) and Mozambique (X cubic meters), together mixing up a X% share of total exports. Angola (X cubic meters), Zambia (X cubic meters), Namibia (X cubic meters) and Tanzania (X cubic meters) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to saw logs and veneer logs exports from South Africa stood at X%. At the same time, Zambia (X%), Namibia (X%), Tanzania (X%) and Angola (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Democratic Republic of the Congo experienced a relatively flat trend pattern. By contrast, Mozambique (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Zambia and Namibia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Democratic Republic of the Congo ($X), South Africa ($X) and Angola ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Zambia, Mozambique, Tanzania and Namibia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Zambia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in SADC stood at $X per cubic meter in 2022, which is down by X% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Zambia ($X per cubic meter), while Mozambique ($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 Zambia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Saw Logs And Veneer Logs

Imports in SADC

In 2022, saw logs and veneer logs imports in SADC declined slightly to X cubic meters, falling by X% against the previous year's figure. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X cubic meters in 2021, and then declined in the following year.

In value terms, saw logs and veneer logs imports dropped to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the eight major importers of saw logs and veneer logs, namely Mozambique, Botswana, Seychelles, Mauritius, Democratic Republic of the Congo, South Africa, Namibia and Tanzania, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Seychelles (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mauritius ($X), Mozambique ($X) and Botswana ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Namibia, Tanzania, Democratic Republic of the Congo, Seychelles and South Africa lagged somewhat behind, together accounting for a further X%.

Democratic Republic of the Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per cubic meter, approximately reflecting the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per cubic meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per cubic meter), while South Africa ($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 Democratic Republic of the Congo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform