Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya (CIF) - 2023
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya (CIF) - 2023
In December 2023, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $354 per cubic meter, shrinking by -4.1% against the previous month. Over the period under review, the import price continues to indicate a mild descent. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 5.1% against the previous month. The import price peaked at $415 per cubic meter in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was South Africa ($574 per cubic meter), while the price for China ($315 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 Tanzania (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $469 per cubic meter in 2022, reducing by -8.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 34%. As a result, the export price attained the peak level of $684 per cubic meter. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($574 per cubic meter), while the average price for exports to South Sudan ($75 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 Uganda (+1.8%), while the prices for the other major destinations experienced a decline.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya
In 2022, the amount of medium density fibreboard (MDF) of thickness over 9 mm imported into Kenya dropped sharply to 21K cubic meters, reducing by -31.9% compared with 2021 figures. In general, imports faced a dramatic decline. The smallest decline of -12.2% was in 2020. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm hit record highs at 47K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm contracted to $8.7M in 2022. Over the period under review, imports faced a abrupt downturn. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm attained the peak figure at $17M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1,338 | 1,651 | 1,824 | 2,935 | 29.9% |
| China | 3,305 | 3,101 | 1,531 | 430 | -49.3% |
| Tanzania | 10.3 | 190 | 204 | 295 | 206.0% |
| South Africa | 268 | 499 | 453 | 250 | -2.3% |
| Turkey | 13.4 | 44.8 | 84.4 | 84.5 | 84.7% |
| Malaysia | 394 | 324 | 163 | 51.0 | -49.4% |
| Egypt | 212 | 160 | 47.9 | 24.2 | -51.5% |
| Others | 11,399 | 8,487 | 5,816 | 4,622 | -26.0% |
| Total | 16,939 | 14,456 | 10,123 | 8,693 | -19.9% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Kenya in 2022:
- Uganda (7.5K cubic meters)
- China (1.0K cubic meters)
- Tanzania (0.8K cubic meters)
- South Africa (0.3K cubic meters)
- Turkey (0.2K cubic meters)
- Malaysia (0.1K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya
In 2022, exports of medium density fibreboard (MDF) of thickness over 9 mm from Kenya dropped remarkably to 64 cubic meters, which is down by -22.9% compared with the previous year's figure. In general, exports continue to indicate a dramatic slump. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm hit record highs at 141 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 over 9 mm dropped remarkably to $30K in 2022. Overall, exports continue to indicate a dramatic curtailment. The exports peaked at $85K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 34.1 | 32.9 | 18.4 | 19.1 | -17.6% |
| Democratic Republic of the Congo | 7.0 | 9.0 | 16.9 | 9.4 | 10.3% |
| Uganda | 38.5 | 15.1 | 6.0 | 0.8 | -72.5% |
| Tanzania | 4.0 | 2.6 | 1.0 | 0.7 | -44.1% |
| Burundi | 1.0 | 0.4 | 0.1 | N/A | -68.4% |
| South Sudan | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 84.8 | 60.0 | 42.4 | 30.0 | -29.3% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Kenya in 2022:
- Rwanda (36.0 cubic meters)
- Democratic Republic of the Congo (24.0 cubic meters)
- Tanzania (2.0 cubic meters)
- South Sudan (1.0 cubic meters)
- Uganda (1.0 cubic meters)
- Burundi (1.0 cubic meters)
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