Earlier Report Observations
The market for wood in the rough in Sierra Leone contracted in 2019 as exports rose, reducing domestic volume to 3.9 million tons. A sustained recovery followed from 2020 onward, with the market expanding each year to reach 4.2 million tons by 2023.
Growth in 2022 aligned with the implementation of the Mines and Minerals Development Act, which improved the regulatory framework for natural resource sectors including forestry. Enhanced governance and anti-corruption measures during the year also bolstered the business climate, supporting stable production.
The upward trend continued in 2023, reinforced by an increase in tree crop cultivation noted in agricultural surveys, which expanded the domestic supply base for wood. Concurrent government initiatives promoting local resource utilization further encouraged market growth.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Sierra Leone
- 5.1.1. Annual dynamics of production in Sierra Leone in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Sierra Leone in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Sierra Leone
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from Sierra Leone in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's exports in kind from Sierra Leone by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Sierra Leone in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Sierra Leone by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Sierra Leone, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Sierra Leone by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from Sierra Leone in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's exports in kind from Sierra Leone by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Sierra Leone in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Sierra Leone by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Sierra Leone, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Sierra Leone by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to Sierra Leone in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's imports in kind to Sierra Leone by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Sierra Leone in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Sierra Leone by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Sierra Leone, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Sierra Leone by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to Sierra Leone in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's imports in kind to Sierra Leone by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Sierra Leone in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Sierra Leone by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Sierra Leone, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Sierra Leone by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production wood in the rough in Sierra Leone
In kind, 2017-2020, K t
Top producers of wood in the rough, 2017-2020
World map of production of wood in the rough, 2017-2020
Sierra Leone's production of wood in the rough has increased for the third consecutive year. In 2020, the country produced 4 131 K t of wood in the rough, marking a 0.8% rise from the previous year. Between 2017 and 2020, production grew by 5.8%, which translates to an annualized growth rate of 1.9%.
Annual dynamics of production in Sierra Leone in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.0% | 0.9% | 0.8% | 1.9% |
Exports wood in the rough from Sierra Leone
Exports in kind, K t
The data reveals irregular changes, indicating a volatile market environment. Import levels fluctuated significantly, with a 4 226-fold difference between the low in 2017 and the high in 2019. In 2020, Sierra Leone's volume of wood in the rough exports stood at 210.2 K t, reflecting a robust drop of 11.2% from 2019.
Annual dynamics of product's exports from Sierra Leone in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (11.2%) | 1 453.8% |
From 2017 to 2020, Sierra Leone's exports of wood in the rough were heavily dependent on China, which accounted for 100.0% of total exports in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Sierra Leone in kind, 2017-2020
Exports in value, M $ US
The market exhibited an unstable trend throughout the timeframe. The period saw a peak in 2019 and a trough in 2017, with a 12 474-fold difference between these years. In 2020, the value of wood in the rough exports from Sierra Leone totalled 122.3 M $ US, down by 5.4% compared to 2019.
Annual dynamics of product's exports from Sierra Leone in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (5.4%) | 2 177.0% |
From 2017 to 2020, China was the key and almost sole market for Sierra Leone's wood in the rough exports in value terms, accounting for 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Sierra Leone in value, 2017-2020
Imports wood in the rough to Sierra Leone
Imports in kind, K t
Sierra Leone's wood in the rough import volume increased for the third consecutive year. In 2020, the country imported 1.2 K t of wood in the rough, representing a sharp rise of 44.2% from 2019. Between 2017 and 2020, imports surged by 12 340.2%, equating to an annualized growth rate of 399.2%.
Annual dynamics of product's imports to Sierra Leone in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.4% | 7 781.2% | 44.2% | 399.2% |
Throughout 2017 to 2020, South Africa played a dominant role in Sierra Leone's imports of wood in the rough in kind, consistently accounting for 97.7% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Sierra Leone in kind, 2017-2020
Imports in value, M $ US
The market showed signs of volatility over the observed period. Imports changed by 65 times from the trough in 2018 to the peak in 2019. In 2020, the value of foreign wood in the rough supplies to Sierra Leone reached 0.2 M $ US, amounting to a sudden decrease of 57.5% compared with 2019. The minimum value was recorded in 2018 at 0.0 M $ US, while the maximum value was recorded in 2019 at 0.4 M $ US. The largest increase occurred in 2019, with a growth of 6 375.8%.
Annual dynamics of product's imports to Sierra Leone in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (34.9%) | 6 375.8% | (57.5%) | 161.7% |
From 2017 to 2020, wood in the rough imports to Sierra Leone were supplied almost exclusively by South Africa, which absorbed 96.8% of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Sierra Leone in value, 2017-2020
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