Price for Wood; Statuettes and Other Ornaments of Wood in South Africa - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in South Africa (FOB) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in South Africa (CIF) - 2022
- Exports of Wood; Statuettes and Other Ornaments of Wood in South Africa
- Imports of Wood; Statuettes and Other Ornaments of Wood in South Africa
Price for Wood; Statuettes and Other Ornaments of Wood in South Africa (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $3,722 per ton, increasing by 6.7% against the previous year. In general, the export price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 48% against the previous year. The export price peaked at $5,194 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 the United States ($13,079 per ton), while the average price for exports to Malawi ($919 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 Botswana (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in South Africa (CIF) - 2022
In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $3,827 per ton, increasing by 5.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2020 an increase of 34%. As a result, import price attained the peak level of $4,195 per ton. From 2021 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 India ($5,318 per ton), while the price for Indonesia ($2,694 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.9%), while the prices for the other major suppliers experienced a decline.
Exports of Wood; Statuettes and Other Ornaments of Wood in South Africa
In 2022, the amount of wood; statuettes and other ornaments of wood exported from South Africa fell significantly to 303 tons, declining by -26.4% compared with the previous year. Overall, exports, however, saw a measured increase. The pace of growth was the most pronounced in 2021 when exports increased by 105% against the previous year. As a result, the exports reached the peak of 412 tons, and then dropped significantly in the following year.
In value terms, exports of wood; statuettes and other ornaments of wood contracted sharply to $1.1M in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. As a result, the exports reached the peak of $1.4M, and then fell remarkably in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 105 | 310 | 454 | 315 | 44.2% |
| United States | 660 | 93.5 | 212 | 220 | -30.7% |
| Swaziland | 99.8 | 113 | 219 | 152 | 15.1% |
| Uganda | 1.2 | 9.0 | 151 | 105 | 344.0% |
| Namibia | 84.4 | 55.1 | 134 | 93.3 | 3.4% |
| Kenya | 148 | 3.1 | 8.4 | 36.3 | -37.4% |
| Australia | 35.1 | 6.7 | 22.2 | 15.4 | -24.0% |
| Malawi | 0.5 | 1.3 | 18.8 | 13.0 | 196.2% |
| Others | 298 | 229 | 216 | 178 | -15.8% |
| Total | 1,431 | 821 | 1,436 | 1,128 | -7.6% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from South Africa in 2022:
- Botswana (85.0 tons)
- Swaziland (67.0 tons)
- Uganda (44.4 tons)
- Namibia (30.0 tons)
- United States (16.8 tons)
- Malawi (14.2 tons)
- Australia (6.9 tons)
- Kenya (6.1 tons)
Imports of Wood; Statuettes and Other Ornaments of Wood in South Africa
In 2022, imports of wood; statuettes and other ornaments of wood into South Africa dropped remarkably to 191 tons, which is down by -20.3% on the previous year. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year.
In value terms, imports of wood; statuettes and other ornaments of wood shrank remarkably to $731K in 2022. Over the period under review, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 45%.
| Import of Wood; Statuettes and Other Ornaments of Wood in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 605 | 361 | 550 | 447 | -9.6% |
| Indonesia | 187 | 114 | 124 | 113 | -15.5% |
| India | 162 | 75.5 | 69.6 | 81.9 | -20.3% |
| Cameroon | 4.8 | N/A | 2.1 | N/A | -33.9% |
| Others | 134 | 47.0 | 120 | 88.8 | -12.8% |
| Total | 1,093 | 597 | 866 | 731 | -12.5% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to South Africa in 2022:
- China (119.4 tons)
- Indonesia (42.1 tons)
- India (15.4 tons)
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