SADC: Industrial Roundwood Market 2024

Industrial Roundwood Market Size in SADC

In 2023, after two years of decline, there was growth in the SADC industrial roundwood market, when its value increased by X% to $X. In general, consumption saw a deep slump. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Industrial Roundwood Production in SADC

In value terms, industrial roundwood production dropped to $X in 2023 estimated in export price. Overall, production, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Industrial Roundwood Exports

Exports in SADC

For the third year in a row, SADC recorded growth in shipments abroad of industrial roundwood, which increased by X% to X cubic meters in 2023. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked in 2023 and is likely to see steady growth in years to come.

In value terms, industrial roundwood exports amounted to $X in 2023. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

South Africa (X cubic meters) and Democratic Republic of the Congo (X cubic meters) dominates exports structure, together making up X% of total exports. Mozambique (X cubic meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Zambia (X%). Namibia (X cubic meters) and Angola (X cubic meters) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Zambia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X), South Africa ($X) and Zambia ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Among the main exporting countries, Zambia, with a CAGR of X%, saw the highest rates of growth with regard to 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, which is down by X% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Angola ($X per cubic meter), while Namibia ($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 Zambia (X%), while the other leaders experienced a decline in the export price figures.

Industrial Roundwood Imports

Imports in SADC

In 2023, purchases abroad of industrial roundwood increased by X% to X cubic meters, rising for the third consecutive year after two years of decline. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, industrial roundwood imports skyrocketed to $X in 2023. In general, imports showed modest growth. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Tanzania (X cubic meters) and Zambia (X cubic meters) were the major importers of industrial roundwood in 2023, accounting for approx. X% and X% of total imports, respectively. Mozambique (X cubic meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Seychelles (X%) and Botswana (X%). Namibia (X cubic meters) and Mauritius (X cubic meters) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Zambia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), Mauritius ($X) and Zambia ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Tanzania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, import prices hit record highs at $X per cubic meter in 2016; however, from 2017 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mauritius ($X per cubic meter), while Seychelles ($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 Mozambique (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform