Particle board of wood market in Western Africa

Earlier Report Observations

The particle board market in Western Africa expanded significantly between 2018 and 2023, with physical volume rising from 54 454 m³ to 77 197 m³ and market value increasing from 40.2 million USD to 68.5 million USD. Growth was particularly strong through 2022, when market volume peaked at 84 051 m³, before a modest correction in 2023. The consistent rise in market value, which outpaced volume growth, points to an overall increase in unit prices or a shift toward higher-value products within the segment.

Market expansion was underpinned by a sharp rise in imports, which grew from 10 307 m³ to 30 411 m³ in volume and from 4.2 million USD to 11.9 million USD in value over the period. Domestic production volume remained stable at 48 000 m³ annually, but its monetary value climbed steadily, reaching 58.0 million USD by 2023. Concurrently, export volumes declined from 3 854 m³ to 1 214 m³, redirecting more supply toward the domestic market and supporting overall availability.

The market dynamics shifted in 2023, as import volumes retreated from the 2022 high while the value of domestic production continued to set new records. This suggests local manufacturers captured a greater share of the market's value growth even as total consumption volume eased slightly from its peak.

Production particle board of wood in Western Africa

In kind, 2017-2020, m³

Top producers of particle board of wood, 2017-2020

World map of production of particle board of wood, 2017-2020

In 2020, Western Africa produced 48 000 m³ of particle board, with production remaining relatively stable year-over-year. The largest decline occurred in 2018 at 0.0%, while the largest increase was also recorded in 2018 at 0.0%.

Annual dynamics of production in Western Africa in kind, 2017-2020, m³

In value, 2017-2020, K $ US

After two years of growth, particle board production in Western Africa declined in 2020. Output was valued at 41 510 K $ US, marking a slight drop of 2.1% compared to the previous year. Over the 2017-2020 period, production increased by 6.1%, with a compound annual growth rate of 2.0%. The highest value was recorded in 2019 at 42 383 K $ US, which also saw the largest increase of 8.3%.

Annual dynamics of production in Western Africa in value, 2017-2020, K $ US

Exports particle board of wood from Western Africa

Exports in kind, m³

Following two years of growth, particle board exports from Western Africa declined in 2020. The region exported 3 002 m³, representing a significant drop of 23.5% year-over-year. Between 2017 and 2020, exports decreased by 16.7%, equating to an annualized rate of 5.9%. The peak volume was recorded in 2019 at 3 926 m³, while the largest increase occurred in 2018 at 6.9%.

Annual dynamics of product's exports from Western Africa in kind, 2017-2020, m³

From 2017 to 2020, France remained the dominant export partner for particle board from Western Africa, accounting for 71.2% of total flows. Other markets collectively formed a long tail in the export structure.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Western Africa in kind, 2017-2020

Exports in value, K $ US

After a two-year rise, particle board exports from Western Africa declined in 2020. Export value was recorded at 2 596 K $ US, down 25.1% compared to 2019. Between 2017 and 2020, exports decreased by 11.6%, with an annualized rate of 4.0%. The highest value was achieved in 2019 at 3 466 K $ US, which also saw the largest increase of 10.3%.

Annual dynamics of product's exports from Western Africa in value, 2017-2020, K $ US

During 2017-2020, the export structure in value terms was heavily concentrated on France, which accounted for 70.6% of total flows. Other partners made up the remaining volume.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Western Africa in value, 2017-2020

Imports particle board of wood to Western Africa

Imports in kind, m³

Cross-border shipments of particle board to Western Africa increased for the third consecutive year in 2020. The region imported a total of value_last_year m³, representing a substantial 71.7% year-over-year growth. Between 2017 and 2020, imports surged by 142.3%, equating to an annualized rate of 34.3%.

Annual dynamics of product's imports to Western Africa in kind, 2017-2020, m³

The country composition of imports in kind from 2017 to 2020 was dispersed. Turkey accounted for 17.0% of imports, China for 15.4%, and South Africa for 14.6%, together forming just 47.0% of total flows. The remaining 53.0% was distributed among a wide range of other destinations.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Western Africa in kind, 2017-2020

Imports in value, K $ US

In 2020, Western Africa imported particle board valued at 6 483 K $ US, up 52.9% compared to 2019. Over the 2017-2020 period, imports increased by 121.9%, with a compound annual growth rate of 30.4%. The largest decline was recorded in 2019 at 0.0%.

Annual dynamics of product's imports to Western Africa in value, 2017-2020, K $ US

The analysis of imports in value terms from 2017 to 2020 shows a broad distribution across many markets. South Africa accounted for 14.1% of imports, Turkey for 14.0%, and Portugal for 12.0%, together representing only 40.1% of total flows. A significant 59.9% was attributed to other partners.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Western Africa in value, 2017-2020