SADC: Particle Board Market 2024

Particle Board Market Size in SADC

After two years of growth, the SADC particle board market decreased by X% to $X in 2022. The total consumption indicated a noticeable 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, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2021, and then declined slightly in the following year.

Particle Board Production in SADC

In value terms, particle board production rose modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Particle Board Exports

Exports in SADC

In 2022, overseas shipments of particle board increased by X% to X cubic meters, rising for the second year in a row after two years of decline. Total exports indicated a strong increase 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked at X cubic meters in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, particle board exports shrank modestly to $X in 2022. Total exports indicated perceptible 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, South Africa (X cubic meters) represented the major exporter of particle board, generating X% of total exports. It was distantly followed by Swaziland (X cubic meters), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to particle board exports from South Africa stood at X%. At the same time, Swaziland (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of Swaziland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest particle board supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per cubic meter in 2022, falling by X% against the previous year. In general, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 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 cubic meter), while Swaziland totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (X%).

Particle Board Imports

Imports in SADC

After three years of growth, overseas purchases of particle board decreased by X% to X cubic meters in 2022. Total imports indicated strong 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 2013 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2021, and then declined in the following year.

In value terms, particle board imports dropped to $X in 2022. Total imports indicated moderate 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 was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Zimbabwe (X cubic meters) and South Africa (X cubic meters) represented roughly X% of total imports in 2022. Namibia (X cubic meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mozambique (X%), Zambia (X%) and Botswana (X%). Lesotho (X cubic meters) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Mozambique (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), South Africa ($X) and Namibia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Botswana, Zambia, Mozambique and Lesotho lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Botswana, 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 2022, the import price in SADC amounted to $X per cubic meter, surging by X% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Botswana ($X per cubic meter), while South Africa ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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