SADC: Wood-Based Panels Market 2025

Wood-Based Panels Market Size in SADC

The SADC wood-based panels market fell modestly to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then declined modestly in the following year.

Wood-Based Panels Production in SADC

In value terms, wood-based panels production amounted to $X in 2022 estimated in export price. The total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Wood-Based Panels Exports

Exports in SADC

In 2022, shipments abroad of wood-based panels increased by X% to X cubic meters, rising for the second year in a row after two years of decline. Total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, wood-based panels exports soared to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

South Africa was the major exporting country with an export of around X cubic meters, which recorded X% of total exports. It was distantly followed by Tanzania (X cubic meters), Swaziland (X cubic meters) and Malawi (X cubic meters), together achieving a X% share of total exports. Zimbabwe (X cubic meters) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Tanzania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest wood-based panels supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total exports. It was followed by Malawi, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Malawi (X% per year).

Export Prices by Country

The export price in SADC stood at $X per cubic meter in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a perceptible curtailment. The pace of growth was the most pronounced in 2014 an increase of X%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per cubic meter), while Swaziland ($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 Malawi (X%), while the other leaders experienced a decline in the export price figures.

Wood-Based Panels Imports

Imports in SADC

In 2022, approx. X cubic meters of wood-based panels were imported in SADC; with a decrease of X% against the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X cubic meters, and then shrank in the following year.

In value terms, wood-based panels imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X cubic meters) was the largest importer of wood-based panels, generating X% of total imports. Zimbabwe (X cubic meters) ranks second in terms of the total imports with a X% share, followed by Mauritius (X%), Mozambique (X%), Tanzania (X%), Zambia (X%) and Angola (X%).

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X%), Zambia (X%), Mauritius (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Tanzania (X%) and Angola (X%) illustrated a downward trend over the same period. Mozambique (X p.p.), Zimbabwe (X p.p.), Mauritius (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa, Tanzania and Angola saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported wood-based panels in SADC, comprising X% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with an X% share of total imports. It was followed by Mauritius, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Zimbabwe (X% per year) and Mauritius (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per cubic meter, growing by X% against the previous year. In general, the import price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per cubic meter), while Zimbabwe ($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 Tanzania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform