SADC: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in SADC

The SADC market for coniferous wood in the rough reached $X in 2023, standing approx. at the previous year. Overall, consumption, however, showed a abrupt downturn. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Coniferous Wood In The Rough in SADC

In value terms, coniferous wood in the rough production reached $X in 2023 estimated in export price. Over the period under review, production, however, showed a abrupt slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Exports of Coniferous Wood In The Rough

Exports in SADC

In 2023, shipments abroad of coniferous wood in the rough increased by X% to X cubic meters for the first time since 2015, thus ending a seven-year declining trend. Overall, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, coniferous wood in the rough exports reduced slightly to $X in 2023. Over the period under review, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Zimbabwe (X cubic meters) was the largest exporter of coniferous wood in the rough, generating X% of total exports. Angola (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Botswana (X%), Tanzania (X%) and Democratic Republic of the Congo (X%). The following exporters - Swaziland (X cubic meters) and Malawi (X cubic meters) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to coniferous wood in the rough exports from Zimbabwe stood at X%. At the same time, Angola (X%), Swaziland (X%), Botswana (X%), Tanzania (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Malawi (X%) illustrated a downward trend over the same period. While the share of Zimbabwe (X p.p.), Angola (X p.p.), Botswana (X p.p.), Tanzania (X p.p.), Democratic Republic of the Congo (X p.p.), Swaziland (X p.p.) and Malawi (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Angola ($X), Zimbabwe ($X) and Tanzania ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

In terms of the main exporting countries, Angola, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in SADC stood at $X per cubic meter in 2023, remaining constant against the previous year. Export price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, coniferous wood in the rough export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2022, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malawi ($X per cubic meter), while Zimbabwe ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Coniferous Wood In The Rough

Imports in SADC

In 2023, approx. X cubic meters of coniferous wood in the rough were imported in SADC; remaining stable against the year before. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, coniferous wood in the rough imports declined modestly to $X in 2023. Over the period under review, imports, however, showed a slight increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, coniferous wood in rough imports attained the peak figure at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Botswana was the major importer of coniferous wood in the rough in SADC, with the volume of imports reaching X cubic meters, which was approx. X% of total imports in 2023. Tanzania (X cubic meters) held the second position in the ranking, followed by Mauritius (X cubic meters), Angola (X cubic meters), Lesotho (X cubic meters) and Namibia (X cubic meters). All these countries together took approx. X% share of total imports. Swaziland (X cubic meters) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to coniferous wood in the rough imports into Botswana stood at X%. At the same time, Angola (X%), Tanzania (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Namibia (X%), Lesotho (X%) and Swaziland (X%) illustrated a downward trend over the same period. While the share of Tanzania (X p.p.), Mauritius (X p.p.), Angola (X p.p.) and Botswana (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Namibia (X p.p.), Lesotho (X p.p.) and Swaziland (X p.p.) displayed negative dynamics.

In value terms, Botswana ($X), Tanzania ($X) and Angola ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in SADC amounted to $X per cubic meter, declining by X% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per cubic meter in 2022, and then reduced modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per cubic meter), while Mauritius ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform