Kenya - Densified Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDensified Wood Price in Kenya - 2021
Contents:
- Densified Wood Price in Kenya (CIF) - 2022
- Densified Wood Price in Kenya (FOB) - 2022
- Densified Wood Imports in Kenya
- Densified Wood Exports in Kenya
Densified Wood Price in Kenya (CIF) - 2022
The average densified wood import price stood at $1,008 per ton in 2022, growing by 42% against the previous year. Over the period under review, the import price posted a slight increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 116% against the previous year. As a result, import price attained the peak level of $1,921 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,547 per ton), while the price for Malaysia ($222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced a decline.
Densified Wood Price in Kenya (FOB) - 2022
In 2022, the average densified wood export price amounted to $2,405 per ton, increasing by 11% against the previous year. In general, the export price posted prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 177%. As a result, the export price attained the peak level of $3,030 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($18,538 per ton), while the average price for exports to Rwanda ($333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.
Densified Wood Imports in Kenya
After three years of growth, supplies from abroad of densified wood decreased by -21.9% to 213 tons in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 188% against the previous year.
In value terms, densified wood imports totaled $215K in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 50% against the previous year. As a result, imports attained the peak of $236K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Densified Wood in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 11.8 | 20.0 | 20.7 | 45.3 | 56.6% |
Turkey | 3.3 | 13.0 | 18.3 | 33.5 | 116.5% |
China | 71.9 | 152 | 110 | 22.9 | -31.7% |
France | 13.5 | N/A | N/A | 19.1 | 12.3% |
United Arab Emirates | 13.6 | 9.6 | 8.3 | 15.1 | 3.5% |
Malaysia | 5.0 | 7.3 | 6.3 | 11.6 | 32.4% |
Others | 37.7 | 33.5 | 31.0 | 67.7 | 21.5% |
Total | 157 | 236 | 194 | 215 | 11.0% |
Top Suppliers of Densified Wood to Kenya in 2022:
- Malaysia (52.1 tons)
- China (45.0 tons)
- Turkey (43.4 tons)
- Netherlands (29.3 tons)
- United Arab Emirates (23.2 tons)
- France (12.8 tons)
Densified Wood Exports in Kenya
In 2022, densified wood exports from Kenya shrank rapidly to 655 kg, dropping by -19.2% on the year before. Overall, exports showed a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year.
In value terms, densified wood exports reduced to $1.6K in 2022. Over the period under review, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 25%.
Export of Densified Wood in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burundi | 26.8 | 0.3 | 0.7 | 0.7 | -70.3% |
South Sudan | 8.5 | N/A | 0.4 | 0.4 | -63.9% |
Somalia | 23.3 | 0.2 | 0.3 | 0.2 | -79.5% |
Democratic Republic of the Congo | 18.0 | 0.1 | 0.1 | 0.1 | -82.3% |
Uganda | 2.4 | N/A | 0.1 | 0.1 | -65.3% |
Rwanda | 16.7 | N/A | N/A | N/A | 0% |
Others | 7.0 | 0.7 | 0.1 | 0.1 | -75.7% |
Total | 103 | 1.4 | 1.8 | 1.6 | -75.0% |
Top Export Markets for Densified Wood from Kenya in 2022:
- South Sudan (263.0 kg)
- Democratic Republic of the Congo (182.0 kg)
- Burundi (135.0 kg)
- Uganda (26.0 kg)
- Rwanda (24.0 kg)
- Somalia (13.0 kg)
This report provides an in-depth analysis of the densified wood market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16212200 - Densified wood, in blocks, plates, strips or profile shapes
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, densified wood in blocks, plates and strips imports amounted to $X in 2016. In general, densified wood in blocks, plates and strips imports continue to indicate a slight reduction. ...
In value terms, densified wood in blocks, plates and strips exports totaled $X in 2016. Overall, densified wood in blocks, plates and strips exports continue to indicate a relatively flat trend pat...
In value terms, densified wood in blocks, plates and strips imports amounted to $X in 2016. In general, densified wood in blocks, plates and strips imports continue to indicate a slight reduction. ...
In value terms, densified wood in blocks, plates and strips exports totaled $X in 2016. Overall, densified wood in blocks, plates and strips exports continue to indicate a relatively flat trend pat...