Price for Wood; Statuettes and Other Ornaments of Wood in Kenya - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Kenya (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Kenya (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Kenya
- Exports of Wood; Statuettes and Other Ornaments of Wood in Kenya
Price for Wood; Statuettes and Other Ornaments of Wood in Kenya (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $4,247 per ton in 2022, waning by -3.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 66%. Over the period under review, average import prices reached the peak figure at $5,003 per ton in 2014; however, from 2015 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 South Africa ($6,234 per ton), while the price for Malawi ($979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Kenya (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $1,509 per ton, which is down by -69.4% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 44% against the previous year. As a result, the export price attained the peak level of $5,070 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($1,535 per ton), while the average price for exports to Ghana totaled $885 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+34.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in Kenya
Imports of wood; statuettes and other ornaments of wood into Kenya reduced sharply to 25 tons in 2022, which is down by -39.1% against 2021 figures. Overall, imports showed a sharp setback. The growth pace was the most rapid in 2021 with an increase of 250%.
In value terms, imports of wood; statuettes and other ornaments of wood contracted rapidly to $105K in 2022. Over the period under review, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 411%.
| Import of Wood; Statuettes and Other Ornaments of Wood in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 72.0 | 7.0 | 161 | 72.3 | 0.1% |
| South Africa | 148 | 1.6 | 8.4 | 23.5 | -45.8% |
| Indonesia | 3.2 | 20.3 | 1.3 | 6.2 | 24.7% |
| India | 0.2 | 0.9 | 3.0 | 1.3 | 86.6% |
| Cote d'Ivoire | 0.4 | 0.3 | 0.4 | 0.7 | 20.5% |
| Malawi | 1.3 | 0.2 | 0.3 | 0.5 | -27.3% |
| Others | 34.8 | 4.3 | 3.8 | 0.6 | -74.2% |
| Total | 260 | 34.9 | 178 | 105 | -26.1% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Kenya in 2022:
- China (16.0 tons)
- South Africa (3.8 tons)
- Indonesia (3.3 tons)
- India (0.6 tons)
- Malawi (0.5 tons)
- Cote d'Ivoire (0.5 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Kenya
In 2022, exports of wood; statuettes and other ornaments of wood from Kenya dropped remarkably to 5.6 tons, reducing by -95.4% against 2021 figures. In general, exports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 23%.
In value terms, exports of wood; statuettes and other ornaments of wood dropped dramatically to $8.4K in 2022. Overall, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 2.2 | 1.0 | 6.0 | 8.2 | 55.0% |
| Ghana | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Uganda | 39.4 | 6.4 | 13.6 | N/A | -41.2% |
| Germany | 79.4 | 24.6 | 61.6 | N/A | -11.9% |
| Ethiopia | 15.6 | 2.2 | 3.7 | N/A | -51.3% |
| Mauritius | N/A | 324 | N/A | N/A | 0% |
| United Arab Emirates | 11.8 | 4.8 | 123 | N/A | 222.9% |
| South Africa | 9.6 | 0.9 | 0.8 | N/A | -71.1% |
| Portugal | 17.8 | N/A | N/A | N/A | 0% |
| United States | 294 | 79.8 | 250 | N/A | -7.8% |
| Others | 139 | 56.3 | 138 | N/A | -0.4% |
| Total | 608 | 500 | 597 | 8.4 | -76.0% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Kenya in 2022:
- Rwanda (5.3 tons)
- Ghana (0.2 tons)
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