Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa - 2024

Contents:

1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa (FOB) - 2022
2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa (CIF) - 2022
3. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa
4. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa (FOB) - 2022

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $1,332 per ton in 2022, with a decrease of -2.9% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood; assembled flooring panels, other than multilayer or mosaic increased by +37.0% against 2020 indices. The growth pace was the most rapid in 2014 when the average export price increased by 61%. Over the period under review, the average export prices hit record highs at $1,648 per ton in 2019; however, from 2020 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 Ghana ($3,502 per ton), while the average price for exports to Lesotho ($899 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $857 per ton, picking up by 2.6% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 113%. As a result, import price reached the peak level of $2,307 per ton. 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 Malaysia ($2,117 per ton), while the price for Mozambique ($363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa

In 2022, exports of wood; assembled flooring panels, other than multilayer or mosaic from South Africa surged to 2.5K tons, growing by 34% compared with the previous year. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 56%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic soared to $3.4M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.1% 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 +74.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from South Africa in 2022:

1. Lesotho (1348.8 tons)
2. Botswana (452.2 tons)
3. Namibia (265.1 tons)
4. Mozambique (153.7 tons)
5. Zambia (85.7 tons)
6. Zimbabwe (82.8 tons)
7. Ghana (42.4 tons)
8. Democratic Republic of the Congo (40.0 tons)

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in South Africa

After three years of growth, overseas purchases of wood; assembled flooring panels, other than multilayer or mosaic decreased by -18.9% to 1.5K tons in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 180% against the previous year.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic contracted rapidly to $1.2M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 138%.

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to South Africa in 2022:

1. China (1179.9 tons)
2. Peru (82.6 tons)
3. Mozambique (47.0 tons)
4. Germany (42.7 tons)
5. Congo (24.6 tons)
6. Bolivia (23.5 tons)
7. Malaysia (8.0 tons)

Source: IndexBox Market Intelligence Platform