Africa: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Africa

The African assembled parquet panels market expanded slightly to $X in 2022, picking up by X% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Assembled Parquet Panels Production in Africa

In value terms, assembled parquet panels production rose modestly to $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Assembled Parquet Panels Exports

Exports in Africa

Assembled parquet panels exports expanded to X square meters in 2022, increasing by X% compared with the year before. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, assembled parquet panels exports dropped slightly to $X in 2022. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Mozambique was the major exporter of assembled parquet panels in Africa, with the volume of exports recording X square meters, which was near X% of total exports in 2022. South Africa (X square meters) held the second position in the ranking, distantly followed by Angola (X square meters). All these countries together held near X% share of total exports. Zimbabwe (X square meters) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to assembled parquet panels exports from Mozambique stood at X%. At the same time, Angola (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Zimbabwe (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Mozambique (X p.p.) and Angola (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Zimbabwe (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, the largest assembled parquet panels supplying countries in Africa were Mozambique ($X), South Africa ($X) and Angola ($X), together comprising X% of total exports.

In terms of the main exporting countries, Mozambique, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per square meter, which is down by X% against the previous year. In general, the export price saw a mild decline. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per square meter in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per square meter), while Angola ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports in Africa

In 2022, purchases abroad of assembled parquet panels increased by X% to X square meters, rising for the second consecutive year after three years of decline. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, assembled parquet panels imports expanded remarkably to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Morocco (X square meters) and South Africa (X square meters) represented the key importers of assembled parquet panels in Africa, together reaching approx. X% of total imports. It was distantly followed by Egypt (X square meters), creating a X% share of total imports. Lesotho (X square meters), Kenya (X square meters) and Algeria (X square meters) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest assembled parquet panels importing markets in Africa were South Africa ($X), Morocco ($X) and Egypt ($X), with a combined X% share of total imports.

Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Africa stood at $X per square meter in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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