South Africa - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood-Based Panels Price in South Africa - 2023
Contents:
- Wood-Based Panels Price in South Africa (CIF) - 2022
- Wood-Based Panels Price in South Africa (FOB) - 2022
- Wood-Based Panels Imports in South Africa
- Wood-Based Panels Exports in South Africa
Wood-Based Panels Price in South Africa (CIF) - 2022
In 2022, the average wood-based panels import price amounted to $529 per cubic meter, picking up by 21% against the previous year. Overall, the import price, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $631 per cubic meter. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($844 per cubic meter), while the price for Swaziland ($167 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood-Based Panels Price in South Africa (FOB) - 2022
In 2022, the average wood-based panels export price amounted to $405 per cubic meter, which is down by -1.6% against the previous year. Over the period under review, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. The export price peaked at $454 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 for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($662 per cubic meter), while the average price for exports to Australia ($141 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 Belgium (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Wood-Based Panels Imports in South Africa
In 2022, approx. 238K cubic meters of wood-based panels were imported into South Africa; which is down by -7.6% compared with the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 257K cubic meters, and then shrank in the following year.
In value terms, wood-based panels imports expanded markedly to $126M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Wood-Based Panels in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 19.4 | 10.7 | 16.4 | 38.3 | 25.4% |
| China | 14.1 | 10.9 | 13.6 | 13.7 | -1.0% |
| Germany | 11.1 | 9.3 | 11.3 | 8.6 | -8.2% |
| Spain | 6.8 | 6.0 | 6.4 | 7.1 | 1.4% |
| Swaziland | 4.5 | 4.0 | 7.7 | 5.9 | 9.4% |
| Thailand | 4.8 | 4.6 | 4.7 | 5.4 | 4.0% |
| Poland | 1.9 | 2.0 | 2.3 | 3.5 | 22.6% |
| Latvia | 2.1 | 1.4 | 0.8 | 3.1 | 13.9% |
| Hungary | 2.1 | 2.6 | 4.4 | 3.0 | 12.6% |
| Malaysia | 4.8 | 3.3 | 4.7 | 3.0 | -14.5% |
| Malawi | 0.7 | 1.0 | 1.9 | 2.4 | 50.8% |
| Romania | 2.1 | 1.6 | 3.7 | 2.2 | 1.6% |
| Zimbabwe | 0.5 | 1.7 | 1.7 | 0.9 | 21.6% |
| Others | 24.6 | 25.8 | 33.5 | 28.9 | 5.5% |
| Total | 99.6 | 85.0 | 113 | 126 | 8.2% |
Top Suppliers of Wood-Based Panels to South Africa in 2022:
- Brazil (77.8K cubic meters)
- Swaziland (35.1K cubic meters)
- China (22.4K cubic meters)
- Thailand (12.9K cubic meters)
- Germany (10.2K cubic meters)
- Spain (10.0K cubic meters)
- Poland (8.4K cubic meters)
- Malawi (7.3K cubic meters)
- Hungary (5.5K cubic meters)
- Romania (4.9K cubic meters)
- Malaysia (4.9K cubic meters)
- Latvia (4.6K cubic meters)
- Zimbabwe (3.8K cubic meters)
Wood-Based Panels Exports in South Africa
In 2022, approx. 215K cubic meters of wood-based panels were exported from South Africa; with an increase of 5% on 2021. Over the period under review, exports, however, saw a mild setback. The most prominent rate of growth was recorded in 2021 when exports increased by 8.9%. The exports peaked at 227K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wood-based panels exports expanded to $87M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Wood-Based Panels in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 12.0 | 12.7 | 23.4 | 23.5 | 25.1% |
| Namibia | 9.6 | 7.5 | 10.5 | 11.1 | 5.0% |
| Botswana | 8.8 | 7.4 | 10.8 | 10.0 | 4.4% |
| Zambia | 5.5 | 5.6 | 7.9 | 7.8 | 12.4% |
| Lesotho | 3.1 | 3.1 | 4.3 | 5.1 | 18.1% |
| Mozambique | 4.4 | 3.2 | 4.3 | 5.0 | 4.4% |
| Swaziland | 3.6 | 3.2 | 4.3 | 4.6 | 8.5% |
| Kenya | 3.1 | 3.7 | 3.9 | 3.6 | 5.1% |
| Italy | N/A | 0.1 | 1.5 | 3.2 | 465.7% |
| United Kingdom | 2.5 | 6.3 | 3.8 | 2.7 | 2.6% |
| Malawi | 1.8 | 1.6 | 2.2 | 2.2 | 6.9% |
| Belgium | 1.1 | 1.7 | 1.4 | 2.1 | 24.1% |
| Australia | 3.6 | 0.6 | 0.2 | 0.3 | -56.3% |
| Others | 6.0 | 3.6 | 5.9 | 6.1 | 0.6% |
| Total | 65.1 | 60.1 | 84.4 | 87.3 | 10.3% |
Top Export Markets for Wood-Based Panels from South Africa in 2022:
- Zimbabwe (69.8K cubic meters)
- Namibia (28.6K cubic meters)
- Botswana (25.3K cubic meters)
- Zambia (20.1K cubic meters)
- Mozambique (14.4K cubic meters)
- Kenya (11.9K cubic meters)
- Lesotho (9.5K cubic meters)
- Swaziland (7.2K cubic meters)
- Italy (5.6K cubic meters)
- Malawi (4.1K cubic meters)
- United Kingdom (4.1K cubic meters)
- Belgium (3.7K cubic meters)
- Australia (1.9K cubic meters)
This report provides an in-depth analysis of the wood-based panels market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1647 - Hardboard
- FCL 1648 - MDF/HDF
- FCL 1650 - Other fibreboard
- FCL 1697 - Particle board
- FCL 1606 - OSB
- FCL 1640 - Plywood
- FCL 1634 - Veneer sheets
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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