Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya - 2022

Contents:

  1. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya
  4. Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, multilayer, other than mosaic amounted to $4,017 per ton, with a decrease of -5.7% against the previous year. Overall, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 70%. Over the period under review, average import prices hit record highs at $4,260 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9,449 per ton), while the price for Sweden ($1,693 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya (FOB) - 2022

The average export price for wood; assembled flooring panels, multilayer, other than mosaic stood at $1,683 per ton in 2022, dropping by -8.1% against the previous year. In general, the export price saw a perceptible contraction. The growth pace was the most rapid in 2015 when the average export price increased by 22%. As a result, the export price attained the peak level of $2,769 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -2.2% per year.

Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya

In 2022, overseas purchases of wood; assembled flooring panels, multilayer, other than mosaic were finally on the rise to reach 27 tons after two years of decline. In general, imports, however, showed a pronounced shrinkage.

In value terms, imports of wood; assembled flooring panels, multilayer, other than mosaic declined slightly to $109K in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 5.2% against the previous year.

Import of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany42.647.251.952.47.1%
Italy14.016.218.619.611.9%
China11.613.014.514.88.5%
Sweden18.616.414.411.6-14.6%
Israel13.612.912.110.4-8.6%
Others0.90.80.80.6-12.6%
Total1011071121092.6%

Top Suppliers of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic to Kenya in 2022:

  1. Germany (9.7 tons)
  2. Sweden (6.8 tons)
  3. China (5.8 tons)
  4. Israel (2.7 tons)
  5. Italy (2.1 tons)

Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya

In 2022, shipments abroad of wood; assembled flooring panels, multilayer, other than mosaic decreased by -4.2% to 958 kg for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 9.3% against the previous year. As a result, the exports reached the peak of 1 tons, and then dropped in the following year.

In value terms, exports of wood; assembled flooring panels, multilayer, other than mosaic dropped to $1.6K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $1.8K, and then reduced in the following year.

Export of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1.21.41.81.610.1%
OthersN/AN/AN/AN/A0%
Total1.21.41.81.610.1%

Top Export Markets for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic from Kenya in 2022:

  1. Rwanda (958.0 kg)

Source: IndexBox Market Intelligence Platform

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