SADC: Market for Wood Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Residues, Pellets And Other Agglomerates in SADC

The SADC market for wood residues, pellets and other agglomerates fell to $X in 2022, shrinking by X% against the previous year. The total consumption indicated slight 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 increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Wood Residues, Pellets And Other Agglomerates in SADC

In value terms, production of wood residues, pellets and other agglomerates rose significantly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports in SADC

Exports of wood residues, pellets and other agglomerates surged to X cubic meters in 2022, increasing by X% against the previous year's figure. Over the period under review, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports of reached the maximum at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wood residues, pellets and other agglomerates fell markedly to $X in 2022. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Namibia was the major exporter of wood residues, pellets and other agglomerates in SADC, with the volume of exports resulting at X cubic meters, which was near X% of total exports in 2022. South Africa (X cubic meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Swaziland (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Namibia (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest wood residues, pellets and other agglomerates supplying countries in SADC were South Africa ($X), Namibia ($X) and Swaziland ($X), together comprising X% of total exports.

Namibia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per cubic meter, falling by X% against the previous year. Over the period under review, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2021 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per cubic meter), while Swaziland ($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 Swaziland (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports in SADC

After two years of growth, supplies from abroad of wood residues, pellets and other agglomerates decreased by X% to X cubic meters in 2022. Overall, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X cubic meters in 2021, and then contracted in the following year.

In value terms, imports of wood residues, pellets and other agglomerates expanded to $X in 2022. Over the period under review, imports, however, showed a noticeable increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

South Africa prevails in agglomerates structure, reaching X cubic meters, which was near X% of total imports in 2022. It was distantly followed by Botswana (X cubic meters), achieving a X% share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Botswana (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) and Botswana ($X) were the countries with the highest levels of imports in 2022.

In terms of 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.

Import Prices by Country

In 2022, the import price in SADC amounted to less than $X per cubic meter, surging by X% against the previous year. Over the period under review, the import price, however, saw a mild setback. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per cubic meter in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Botswana ($X per cubic meter), while South Africa totaled less than $X per cubic meter.

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

Source: IndexBox Platform

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