South Africa: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in South Africa

In 2022, the South African sawnwood (coniferous) market decreased by -7.2% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Sawnwood (Coniferous) Production in South Africa

In value terms, sawnwood (coniferous) production dropped significantly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by 45% against the previous year. As a result, production attained the peak level of $X, and then declined remarkably in the following year.

Sawnwood (Coniferous) Exports

Exports from South Africa

In 2022, the amount of sawnwood (coniferous) exported from South Africa surged to X cubic meters, with an increase of 44% against the previous year. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 299% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) exports surged to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 311% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Botswana (X cubic meters), Mozambique (X cubic meters) and Lesotho (X cubic meters) were the main destinations of sawnwood (coniferous) exports from South Africa, with a combined 65% share of total exports. Namibia, Seychelles, Swaziland and Mauritius lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Mauritius (with a CAGR of +82.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sawnwood (coniferous) exported from South Africa were Botswana ($X), Mozambique ($X) and Namibia ($X), with a combined 64% share of total exports. Seychelles, Lesotho, Swaziland and Mauritius lagged somewhat behind, together comprising a further 20%.

Mauritius, with a CAGR of +84.2%, recorded the highest growth rate of the value of exports, among 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 (coniferous) export price stood at $X per cubic meter in 2022, surging by 10% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sawnwood (coniferous) export price increased by +70.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 55% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($X per cubic meter), while the average price for exports to Swaziland ($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 Botswana (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into South Africa

In 2022, approx. X cubic meters of sawnwood (coniferous) were imported into South Africa; picking up by 340,879% compared with the previous year. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) imports soared to $X in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Swaziland (X cubic meters) was the main supplier of sawnwood (coniferous) to South Africa, accounting for a 97% share of total imports. It was followed by Zimbabwe (X cubic meters), with a 0.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Swaziland stood at +129.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Zimbabwe (+19.2% per year) and New Zealand (+16.2% per year).

In value terms, Swaziland ($X) constituted the largest supplier of sawnwood (coniferous) to South Africa, comprising 97% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with a 0.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Swaziland stood at +163.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Zimbabwe (+26.9% per year) and New Zealand (+22.4% per year).

Import Prices by Country

The average sawnwood (coniferous) import price stood at $X per cubic meter in 2022, rising by 33% against the previous year. Overall, the import price showed prominent growth. The growth pace was the most rapid in 2018 an increase of 69% against the previous year. The import price peaked at $X per cubic meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Swaziland ($X per cubic meter), while the price for Zimbabwe ($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 Swaziland (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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