Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya (CIF) - 2023
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya (CIF) - 2023
In December 2023, the average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $390 per cubic meter, rising by 24% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 36% m-o-m. The import price peaked in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($924 per cubic meter), while the price for Turkey ($135 per cubic meter) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Uganda (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $568 per cubic meter in 2022, reducing by -6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2019 an increase of 37%. Over the period under review, the average export prices reached the maximum at $610 per cubic meter in 2021, and then declined in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($1,426 per cubic meter), while the average price for exports to Uganda ($218 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 Tanzania (+14.9%), while the prices for the other major destinations experienced a decline.
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya
Imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm into Kenya dropped notably to 1.7K cubic meters in 2022, reducing by -30.7% compared with the previous year. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 4.8% against the previous year. Over the period under review, imports of hit record highs at 2.6K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm shrank rapidly to $1.1M in 2022. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 1.1%. As a result, imports reached the peak of $1.3M, and then contracted significantly in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 140 | 218 | 449 | 238 | 19.3% |
| Uganda | 153 | 56.1 | 56.3 | 225 | 13.7% |
| Belgium | 142 | 152 | 71.4 | 35.7 | -36.9% |
| Germany | 161 | 135 | 67.7 | 34.9 | -39.9% |
| Malaysia | 34.4 | 28.3 | 9.8 | 4.1 | -50.8% |
| Thailand | 11.2 | 8.0 | 3.6 | 2.3 | -41.0% |
| South Africa | 8.4 | 10.2 | 7.1 | 1.9 | -39.1% |
| Others | 687 | 720 | 677 | 566 | -6.3% |
| Total | 1,337 | 1,328 | 1,343 | 1,108 | -6.1% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to Kenya in 2022:
- Uganda (463.0 cubic meters)
- China (319.0 cubic meters)
- Germany (19.0 cubic meters)
- Belgium (18.0 cubic meters)
- Malaysia (5.0 cubic meters)
- Thailand (4.0 cubic meters)
- South Africa (2.0 cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya
In 2022, the amount of medium density fibreboard (MDF) of thickness from 5 to 9 mm exported from Kenya contracted markedly to 33 cubic meters, with a decrease of -43.1% against the previous year's figure. Over the period under review, exports faced a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 41%. Over the period under review, the exports of reached the maximum at 110 cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm declined dramatically to $19K in 2022. In general, exports recorded a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 78%. Over the period under review, the exports of reached the peak figure at $50K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 15.7 | 9.6 | 13.6 | 8.2 | -19.5% |
| Tanzania | 0.2 | 0.2 | 0.6 | 0.7 | 51.8% |
| South Sudan | 0.1 | 0.1 | 0.4 | 0.5 | 71.0% |
| Burundi | N/A | N/A | N/A | 0.5 | 0% |
| Uganda | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| United Arab Emirates | N/A | N/A | 5.9 | N/A | 0% |
| Others | 33.7 | 9.6 | 14.6 | 8.7 | -36.3% |
| Total | 50.1 | 19.9 | 35.4 | 18.8 | -27.9% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from Kenya in 2022:
- Rwanda (15.0 cubic meters)
- Tanzania (1.0 cubic meters)
- South Sudan (1.0 cubic meters)
- Uganda (1.0 cubic meters)
- Burundi (1.0 cubic meters)
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