SADC: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in SADC

In 2023, the SADC coniferous roundwood market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2022, and then fell in the following year.

Coniferous Roundwood Production in SADC

In value terms, coniferous roundwood production declined to $X in 2023 estimated in export price. The total production indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared 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 failed to regain momentum.

Coniferous Roundwood Exports

Exports in SADC

In 2023, after two years of decline, there was significant growth in overseas shipments of roundwood (coniferous), when their volume increased by X% to X cubic meters. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to continue growth in years to come.

In value terms, coniferous roundwood exports declined to $X in 2023. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked at $X in 2022, and then declined in the following year.

Exports by Country

South Africa (X cubic meters) represented roughly X% of total exports in 2023.

South Africa was also the fastest-growing in terms of the roundwood (coniferous) exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest coniferous roundwood supplier in SADC.

In South Africa, coniferous roundwood exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per cubic meter, falling by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per cubic meter in 2022, and then declined rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Coniferous Roundwood Imports

Imports in SADC

In 2023, approx. X cubic meters of roundwood (coniferous) were imported in SADC; with an increase of X% on 2022. Over the period under review, imports recorded a noticeable increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in the near future.

In value terms, coniferous roundwood imports skyrocketed to $X in 2023. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, Botswana (X cubic meters), distantly followed by South Africa (X cubic meters), Mozambique (X cubic meters), Tanzania (X cubic meters) and Mauritius (X cubic meters) were the major importers of roundwood (coniferous), together committing X% of total imports. The following importers - Zimbabwe (X cubic meters), Namibia (X cubic meters), Lesotho (X cubic meters), Zambia (X cubic meters), Madagascar (X cubic meters) and Seychelles (X cubic meters) - together made up X% of total imports.

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

In value terms, Botswana ($X) constitutes the largest market for imported roundwood (coniferous) in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Botswana amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and Zambia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per cubic meter in 2023, with an increase of X% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2015 to 2023, the import prices remained at a lower figure.

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 Zambia ($X per cubic meter), while Zimbabwe ($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 Madagascar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform