Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $430 per cubic meter, declining by -2.3% against the previous year. In general, the import price recorded a perceptible decrease. The growth pace was the most rapid in 2014 when the average import price increased by 27% against the previous year. The import price peaked at $803 per cubic meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,729 per cubic meter), while the price for Uganda ($343 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+54.0%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $414 per cubic meter, dropping by -26.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 105%. Over the period under review, the average export prices hit record highs at $818 per cubic meter in 2020; however, from 2021 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 ($874 per cubic meter), while the average price for exports to China ($23 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 (+8.5%), while the prices for the other major destinations experienced a decline.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya
In 2022, approx. 10K cubic meters of medium density fibreboard (MDF) of thickness under 5 mm were imported into Kenya; rising by 118% compared with the previous year's figure. Overall, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm surged to $4.3M in 2022. Over the period under review, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,354 | 1,685 | 820 | 1,268 | -2.2% |
| Uganda | 209 | 80.1 | 2.7 | 630 | 44.5% |
| Tanzania | 15.7 | 24.1 | 35.4 | 84.7 | 75.4% |
| Others | 1,871 | 2,170 | 1,157 | 2,304 | 7.2% |
| Total | 3,450 | 3,960 | 2,015 | 4,287 | 7.5% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Kenya in 2022:
- China (2.7K cubic meters)
- Uganda (1.8K cubic meters)
- Tanzania (0.2K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya
In 2022, the amount of medium density fibreboard (MDF) of thickness under 5 mm exported from Kenya dropped remarkably to 22 cubic meters, shrinking by -69.4% compared with 2021. Overall, exports saw a dramatic descent. The pace of growth was the most pronounced in 2021 when exports increased by 1,100%. As a result, the exports attained the peak of 72 cubic meters, and then fell dramatically in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm declined markedly to $9.1K in 2022. Over the period under review, exports faced a sharp setback. The growth pace was the most rapid in 2021 when exports increased by 721%. As a result, the exports reached the peak of $40K, and then fell sharply in the following year.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 5.3 | 0.2 | 8.2 | 2.6 | -21.1% |
| Burundi | 13.3 | 3.6 | 16.0 | 2.6 | -42.0% |
| Democratic Republic of the Congo | 3.5 | 0.6 | 1.1 | 0.6 | -44.4% |
| South Sudan | 0.6 | 0.1 | 0.5 | 0.1 | -45.0% |
| China | 0.1 | N/A | N/A | N/A | 0% |
| Rwanda | 1.4 | N/A | 0.4 | N/A | -46.5% |
| Others | 6.8 | 0.3 | 14.1 | 3.1 | -23.0% |
| Total | 31.0 | 4.9 | 40.3 | 9.1 | -33.5% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Kenya in 2022:
- Burundi (11.0 cubic meters)
- Uganda (3.0 cubic meters)
- Democratic Republic of the Congo (2.0 cubic meters)
- Rwanda (1.0 cubic meters)
- China (1.0 cubic meters)
- South Sudan (1.0 cubic meters)
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