Price for Wood; Posts and Beams in South Africa - 2021

Contents:

1. Price for Wood; Posts and Beams in South Africa (FOB) - 2022
2. Price for Wood; Posts and Beams in South Africa (CIF) - 2022
3. Exports of Wood; Posts and Beams in South Africa
4. Imports of Wood; Posts and Beams in South Africa

Price for Wood; Posts and Beams in South Africa (FOB) - 2022

In 2022, the average wood; posts and beams export price amounted to $623 per ton, dropping by -12.9% against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of 45% against the previous year. The export price peaked at $1,818 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($2,199 per ton), while the average price for exports to Namibia ($304 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 Democratic Republic of the Congo (-0.8%), while the prices for the other major destinations experienced a decline.

Price for Wood; Posts and Beams in South Africa (CIF) - 2022

In 2022, the average wood; posts and beams import price amounted to $1,424 per ton, growing by 15% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 27%. The import price peaked at $2,185 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($1,837 per ton), while the price for Namibia ($173 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wood; Posts and Beams in South Africa

In 2022, after two years of decline, there was significant growth in overseas shipments of wood; posts and beamses, when their volume increased by 28% to 1.5K tons. Over the period under review, exports, however, recorded a deep reduction.

In value terms, wood; posts and beams exports expanded rapidly to $926K in 2022. In general, exports, however, showed a significant curtailment.

Top Export Markets for Wood; Posts and Beams from South Africa in 2022:

1. Lesotho (666.8 tons)
2. Namibia (370.1 tons)
3. Mozambique (209.3 tons)
4. Botswana (111.2 tons)
5. Zimbabwe (60.8 tons)
6. Zambia (31.3 tons)

Imports of Wood; Posts and Beams in South Africa

After three years of growth, purchases abroad of wood; posts and beamses decreased by -30.4% to 191 tons in 2022. In general, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year.

In value terms, wood; posts and beams imports contracted dramatically to $273K in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of $341K, and then fell sharply in the following year.

Top Suppliers of Wood; Posts and Beams to South Africa in 2022:

1. Slovakia (139.3 tons)
2. Namibia (43.8 tons)
3. Lesotho (4.1 tons)

Source: IndexBox Market Intelligence Platform