Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa (CIF) - 2022
The average import price for wood stood at $3.7 per cubic meter in 2022, with an increase of 1.6% against the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 3.3%. The import price peaked at $5.6 per cubic meter in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Swaziland.
From 2017 to 2022, the rate of growth in terms of prices for Namibia amounted to +12.0% per year.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa (FOB) - 2022
In 2022, the average export price for wood amounted to $96 per cubic meter, surging by 246% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($96 per cubic meter), while the average price for exports to Ghana ($92 per cubic meter) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+1,313.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa
In 2022, purchases abroad of wood was finally on the rise to reach 57K cubic meters after two years of decline. Over the period under review, imports, however, showed a significant decrease. Imports peaked at 139K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of wood skyrocketed to $211K in 2022. In general, imports, however, faced a sharp setback. Over the period under review, imports of reached the peak figure at $502K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Swaziland | 496 | 283 | 127 | 211 | -24.8% |
Others | 5.9 | 10.6 | 2.7 | 0.3 | -63.0% |
Total | 502 | 293 | 130 | 211 | -25.1% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to South Africa in 2022:
- Swaziland (57.0K cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa
In 2022, the amount of wood exported from South Africa reduced dramatically to 987 cubic meters, with a decrease of -71.3% compared with the year before. Over the period under review, exports showed a sharp descent. The smallest decline of -12.7% was in 2021. The exports peaked at 5.5K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wood declined to $95K in 2022. In general, exports showed a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 2%. The exports peaked at $141K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lesotho | N/A | N/A | 0.5 | 68.4 | 13580.0% |
Mozambique | N/A | 2.6 | 9.4 | 25.1 | 210.7% |
Ghana | N/A | N/A | N/A | 1.5 | 0% |
Botswana | 35.5 | 71.1 | 47.0 | N/A | 15.1% |
Ireland | 21.1 | N/A | N/A | N/A | 0% |
Namibia | 14.9 | 14.4 | 13.6 | N/A | -4.5% |
Zambia | 67.7 | N/A | 0.2 | N/A | -94.6% |
Swaziland | 0.3 | 0.8 | 0.2 | N/A | -18.4% |
Others | 1.3 | 5.0 | 25.0 | N/A | 338.5% |
Total | 141 | 93.9 | 95.8 | 94.9 | -12.4% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from South Africa in 2022:
- Lesotho (710.0 cubic meters)
- Mozambique (261.0 cubic meters)
- Ghana (16.0 cubic meters)
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