Price for Wood; Shingles and Shakes in Kenya - 2022

Contents:

1. Price for Wood; Shingles and Shakes in Kenya (CIF) - 2022
2. Price for Wood; Shingles and Shakes in Kenya (FOB) - 2022
3. Imports of Wood; Shingles and Shakes in Kenya
4. Exports of Wood; Shingles and Shakes in Kenya

Price for Wood; Shingles and Shakes in Kenya (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $1,185 per ton, rising by 8.5% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 62% against the previous year. The import price peaked at $1,971 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,992 per ton), while the price for China totaled $230 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.1%).

Price for Wood; Shingles and Shakes in Kenya (FOB) - 2022

The average wood; shingles and shakes export price stood at $639 per ton in 2022, which is down by -7% against the previous year. In general, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2020 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the maximum at $2,092 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($709 per ton), while the average price for exports to Uganda totaled $277 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (-7.3%).

Imports of Wood; Shingles and Shakes in Kenya

In 2022, the amount of wood; shingles and shakeses imported into Kenya fell rapidly to 766 kg, with a decrease of -45.2% against the previous year. In general, imports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 589% against the previous year.

In value terms, wood; shingles and shakes imports shrank dramatically to $908 in 2022. Over the period under review, imports faced a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 427% against the previous year.

Top Suppliers of Wood; Shingles and Shakes to Kenya in 2022:

1. China (639.0 kg)
2. Italy (127.0 kg)

Exports of Wood; Shingles and Shakes in Kenya

In 2022, the amount of wood; shingles and shakeses exported from Kenya shrank rapidly to 1.4 tons, which is down by -43.8% against the year before. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 1,848% against the previous year. As a result, the exports reached the peak of 2.4 tons, and then declined remarkably in the following year.

In value terms, wood; shingles and shakes exports shrank markedly to $868 in 2022. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 2,084% against the previous year. As a result, the exports reached the peak of $1.7K, and then dropped dramatically in the following year.

Top Export Markets for Wood; Shingles and Shakes from Kenya in 2022:

1. Tanzania (1138.0 kg)
2. Uganda (220.0 kg)

Source: IndexBox Market Intelligence Platform