Kenya - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlywood Price in Kenya - 2021
Contents:
- Plywood Price in Kenya (CIF) - 2022
- Plywood Price in Kenya (FOB) - 2022
- Plywood Imports in Kenya
- Plywood Exports in Kenya
Plywood Price in Kenya (CIF) - 2022
The average plywood import price stood at $224 per cubic meter in 2022, waning by -6.3% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 16%. As a result, import price reached the peak level of $552 per cubic meter. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($523 per cubic meter), while the price for Uganda ($201 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Plywood Price in Kenya (FOB) - 2022
In 2022, the average plywood export price amounted to $175 per cubic meter, declining by -54.5% against the previous year. In general, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2019 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $449 per cubic meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($784 per cubic meter), while the average price for exports to China ($96 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plywood Imports in Kenya
In 2022, after three years of growth, there was significant decline in overseas purchases of plywood, when their volume decreased by -41.1% to 113K cubic meters. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 47%. Over the period under review, imports hit record highs at 191K cubic meters in 2021, and then dropped dramatically in the following year.
In value terms, plywood imports fell significantly to $25M in 2022. Overall, imports saw a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year. Imports peaked at $46M in 2021, and then dropped dramatically in the following year.
| Import of Plywood in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 20.7 | 28.4 | 31.5 | 17.6 | -5.3% |
| Tanzania | 4.5 | 7.6 | 9.8 | 5.6 | 7.6% |
| China | 5.4 | 3.0 | 2.1 | 1.2 | -39.4% |
| Malawi | 0.9 | 2.3 | 0.9 | 0.3 | -30.7% |
| Others | 1.0 | 0.9 | 1.4 | 0.6 | -15.7% |
| Total | 32.5 | 42.2 | 45.7 | 25.2 | -8.1% |
Top Suppliers of Plywood to Kenya in 2022:
- Uganda (87.4K cubic meters)
- Tanzania (21.0K cubic meters)
- China (2.3K cubic meters)
- Malawi (1.0K cubic meters)
Plywood Exports in Kenya
Plywood exports from Kenya reached 427 cubic meters in 2022, increasing by 1.7% on 2021 figures. Overall, exports, however, continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. Over the period under review, the exports hit record highs at 447 cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, plywood exports reduced sharply to $75K in 2022. In general, exports, however, recorded a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 108%. Over the period under review, the exports reached the maximum at $181K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Plywood in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 32.4 | 0% |
| Ethiopia | N/A | N/A | 0.2 | 8.8 | 4300.0% |
| Congo | N/A | N/A | N/A | 6.2 | 0% |
| Tanzania | 15.8 | 18.7 | 63.1 | 6.0 | -27.6% |
| Zambia | 0.1 | 0.1 | 0.5 | 4.7 | 260.9% |
| Djibouti | N/A | N/A | N/A | 3.9 | 0% |
| Malawi | N/A | N/A | 0.7 | 3.3 | 371.4% |
| Uganda | 41.3 | 4.6 | 14.5 | 3.1 | -57.8% |
| Rwanda | 50.2 | 13.7 | 19.5 | 2.4 | -63.7% |
| Burundi | 26.1 | 8.7 | 10.5 | 0.3 | -77.4% |
| Democratic Republic of the Congo | 30.4 | 13.4 | 21.2 | N/A | -16.5% |
| Others | 16.6 | 18.4 | 31.1 | 3.4 | -41.1% |
| Total | 181 | 77.5 | 161 | 74.7 | -25.5% |
Top Export Markets for Plywood from Kenya in 2022:
- China (336.0 cubic meters)
- Tanzania (19.0 cubic meters)
- Ethiopia (18.0 cubic meters)
- Congo (13.0 cubic meters)
- Zambia (8.0 cubic meters)
- Djibouti (8.0 cubic meters)
- Malawi (7.0 cubic meters)
- Rwanda (5.0 cubic meters)
- Uganda (4.0 cubic meters)
- Burundi (1.0 cubic meters)
This report provides an in-depth analysis of the plywood 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:
- FCL 1640 - Plywood
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
-
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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