South Africa: Chipped Coniferous Wood Market 2020

Chipped Coniferous Wood Market Size in South Africa

The revenue of the chipped coniferous wood market in South Africa amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2018 when the market value increased by X% y-o-y. In that year, the chipped coniferous wood market reached its peak level and is likely to continue its growth in the immediate term.

Chipped Coniferous Wood Production in South Africa

In value terms, chipped coniferous wood production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped coniferous wood production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, chipped coniferous wood production attained its maximum level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Chipped Coniferous Wood Exports

Exports from South Africa

In 2018, the chipped coniferous wood exports from South Africa stood at X tons, waning by -X% against the previous year. In general, chipped coniferous wood exports continue to indicate a moderate decline. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, chipped coniferous wood exports attained their maximum at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, chipped coniferous wood exports amounted to $X in 2018. Over the period under review, chipped coniferous wood exports continue to indicate a modest expansion. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

China (X tons) was the main destination for chipped coniferous wood exports from South Africa, with a X% share of total exports. Moreover, chipped coniferous wood exports to China exceeded the volume sent to the second major destination, Swaziland (X tons), sevenfold. Botswana (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (-X% per year) and Botswana (+X% per year).

In value terms, China ($X) remains the key foreign market for chipped coniferous wood exports from South Africa, comprising X% of total chipped coniferous wood exports. The second position in the ranking was occupied by Zambia ($X), with a X% share of total exports. It was followed by Botswana, with a X% share.

From 2007 to 2018, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+X% per year) and Botswana (-X% per year).

Export Prices by Country

The average chipped coniferous wood export price stood at $X per ton in 2018, surging by X% against the previous year. In general, the export price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped coniferous wood export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the average export prices for coniferous wood in chips or particles reached their maximum at $X per ton in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Zambia ($X per ton), while the average price for exports to Swaziland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced a decline.

Chipped Coniferous Wood Imports

Imports into South Africa

Chipped coniferous wood imports into South Africa stood at X tons in 2018, going up by X% against the previous year. In general, chipped coniferous wood imports continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, chipped coniferous wood imports stood at $X in 2018. Overall, chipped coniferous wood imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Swaziland (X tons) was the main supplier of chipped coniferous wood to South Africa, accounting for a X% share of total imports. It was followed by Namibia (X tons), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from Swaziland stood at +X%.

In value terms, Swaziland ($X) constituted the largest supplier of chipped coniferous wood to South Africa, comprising X% of total chipped coniferous wood imports. The second position in the ranking was occupied by Namibia ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Swaziland stood at +X%.

Import Prices by Country

In 2018, the average chipped coniferous wood import price amounted to $X per ton, falling by -X% against the previous year. Overall, the chipped coniferous wood import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for coniferous wood in chips or particles attained their peak figure at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Namibia ($X per ton), while the price for Swaziland amounted to $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Namibia.

Source: IndexBox Platform