South Africa: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in South Africa

After four years of growth, the South African market for wood chips, parts, residues, pellets and other agglomerates decreased by -40.2% to $X in 2021. Overall, consumption recorded a abrupt curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in South Africa

In value terms, production of wood chips, parts, residues, pellets and other agglomerates expanded to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from South Africa

After four years of decline, shipments abroad of wood chips, parts, residues, pellets and other agglomerates increased by 46% to X cubic meters in 2021. In general, total exports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X cubic meters in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X cubic meters) was the main destination for exports of wood chips, parts, residues, pellets and other agglomerates from South Africa, with a 63% share of total exports. Moreover, exports of wood chips, parts, residues, pellets and other agglomerates to Japan exceeded the volume sent to the second major destination, China (X cubic meters), twofold. Spain (X cubic meters) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Japan totaled -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+32.4% per year) and Spain (0.0% per year).

In value terms, Japan ($X) remains the key foreign market for wood chips, parts, residues, pellets and other agglomerates exports from South Africa, comprising 68% of total exports. The second position in the ranking was taken by China ($X), with a 23% share of total exports. It was followed by Spain, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+32.2% per year) and Spain (0.0% per year).

Export Prices by Country

In 2021, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, dropping by -5.2% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 17% against the previous year. The export price peaked at $X per cubic meter in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Japan ($X per cubic meter) and Spain ($X per cubic meter), while the average price for exports to India ($X per cubic meter) and China ($X per cubic meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.5%).

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into South Africa

In 2021, supplies from abroad of wood chips, parts, residues, pellets and other agglomerates decreased by -39.1% to X cubic meters, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2018 with an increase of 106%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates expanded sharply to $X in 2021. In general, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 80%. Over the period under review, imports of attained the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X cubic meters) constituted the largest wood chips, parts, residues, pellets and other agglomerates supplier to South Africa, accounting for a 46% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from Germany exceeded the figures recorded by the second-largest supplier, Swaziland (X cubic meters), threefold. Namibia (X cubic meters) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Swaziland (-15.3% per year) and Namibia (-3.2% per year).

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates suppliers to South Africa were Swaziland ($X), Namibia ($X) and Germany ($X), with a combined 79% share of total imports. France, the United States, Hungary, Portugal and the Netherlands lagged somewhat behind, together comprising a further 19%.

Portugal, with a CAGR of +275.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wood chips, parts, residues, pellets and other agglomerates stood at $X per cubic meter in 2021, jumping by 85% against the previous year. Overall, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 98%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Namibia ($X per cubic meter), while the price for the Netherlands ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Swaziland (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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