SADC: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in SADC

The SADC market for saw logs and veneer logs declined modestly to $X in 2023, falling by X% against the previous year. Overall, consumption, however, recorded a slight slump. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs in SADC

In value terms, saw logs and veneer logs production fell slightly to $X in 2023 estimated in export price. Over the period under review, production, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Saw Logs And Veneer Logs

Exports in SADC

Saw logs and veneer logs exports expanded modestly to X cubic meters in 2023, increasing by X% against the previous year. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, saw logs and veneer logs exports reduced to $X in 2023. In general, exports, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

South Africa was the major exporting country with an export of about X cubic meters, which reached X% of total exports. Democratic Republic of the Congo (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Mozambique (X%) and Zambia (X%). The following exporters - Angola (X cubic meters) and Namibia (X cubic meters) - each accounted for a X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Zambia (X%), Namibia (X%), Angola (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Mozambique (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Africa, Zambia and Namibia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Democratic Republic of the Congo ($X) and Angola ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Zambia, Mozambique and Namibia lagged somewhat behind, together comprising a further X%.

Zambia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per cubic meter, which is down by X% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. 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 Angola (X%), while the other leaders experienced a decline in the export price figures.

Imports of Saw Logs And Veneer Logs

Imports in SADC

In 2023, overseas purchases of saw logs and veneer logs increased by X% to X cubic meters, rising for the third consecutive year after two years of decline. Over the period under review, imports recorded a slight increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, saw logs and veneer logs imports reached $X in 2023. In general, imports showed a moderate expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Tanzania (X cubic meters), distantly followed by Botswana (X cubic meters), South Africa (X cubic meters), Mauritius (X cubic meters), Mozambique (X cubic meters) and Namibia (X cubic meters) were the largest importers of saw logs and veneer logs, together mixing up X% of total imports. Lesotho (X cubic meters) held a relatively small share of total imports.

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

In value terms, Tanzania ($X), Mauritius ($X) and Botswana ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Tanzania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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, approximately equating the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum 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 ($X per cubic meter), while South Africa ($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 more modest paces of growth.

Source: IndexBox Platform