Price for Wood; Shingles and Shakes in South Africa - 2023
Contents:
- Price for Wood; Shingles and Shakes in South Africa (FOB) - 2022
- Price for Wood; Shingles and Shakes in South Africa (CIF) - 2022
- Exports of Wood; Shingles and Shakes in South Africa
- Imports of Wood; Shingles and Shakes in South Africa
Price for Wood; Shingles and Shakes in South Africa (FOB) - 2022
In 2022, the average wood; shingles and shakes export price amounted to $1,802 per ton, waning by -23.9% against the previous year. Overall, the export price recorded a noticeable slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs at $3,197 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lesotho ($4,096 per ton), while the average price for exports to Democratic Republic of the Congo ($1,111 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 Saudi Arabia (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Shingles and Shakes in South Africa (CIF) - 2022
The average wood; shingles and shakes import price stood at $145 per ton in 2022, declining by -83.8% against the previous year. Overall, the import price showed a significant decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 117%. As a result, import price reached the peak level of $3,071 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to +4.4% per year.
Exports of Wood; Shingles and Shakes in South Africa
In 2022, shipments abroad of wood; shingles and shakeses was finally on the rise to reach 62 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous slump.
In value terms, wood; shingles and shakes exports surged to $112K in 2022. In general, exports, however, faced a sharp curtailment.
| Export of Wood; Shingles and Shakes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 2.5 | 0.4 | 0.2 | 50.5 | 172.3% |
| Mozambique | 15.5 | 12.4 | 4.5 | 19.1 | 7.2% |
| Democratic Republic of the Congo | 1.5 | 0.8 | 4.7 | 16.7 | 123.3% |
| Lesotho | 749 | 471 | 7.4 | 16.6 | -71.9% |
| Botswana | 6.6 | 0.9 | 1.1 | 6.8 | 1.0% |
| Others | 19.5 | 26.8 | 10.1 | 2.3 | -51.0% |
| Total | 795 | 512 | 27.9 | 112 | -48.0% |
Top Export Markets for Wood; Shingles and Shakes from South Africa in 2022:
- Namibia (23.4 tons)
- Mozambique (15.2 tons)
- Democratic Republic of the Congo (15.0 tons)
- Lesotho (4.1 tons)
- Botswana (4.0 tons)
Imports of Wood; Shingles and Shakes in South Africa
In 2022, approx. 69 kg of wood; shingles and shakeses were imported into South Africa; with a decrease of -99.8% on 2021. Over the period under review, imports saw a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 3,237% against the previous year. As a result, imports attained the peak of 31 tons, and then fell sharply in the following year.
In value terms, wood; shingles and shakes imports declined significantly to $10 in 2022. Overall, imports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 1,381%. As a result, imports reached the peak of $28K, and then reduced remarkably in the following year.
| Import of Wood; Shingles and Shakes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | N/A | 16.4 | N/A | 639.4% |
| Italy | 2.2 | 1.3 | 8.2 | N/A | 93.1% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Others | 2.1 | 0.6 | 3.2 | N/A | 23.4% |
| Total | 4.6 | 1.9 | 27.8 | N/A | 145.8% |
Top Suppliers of Wood; Shingles and Shakes to South Africa in 2022:
- United States (69.0 kg)
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