Kenya: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Kenya

The Kenyan wooden furniture treatments market fell slightly to $X in 2022, leveling off at the previous year. Over the period under review, consumption showed a abrupt contraction. Wooden furniture treatments consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wooden Furniture Treatments Production in Kenya

In value terms, wooden furniture treatments production reached $X in 2022 estimated in export price. In general, production recorded a abrupt descent. The pace of growth was the most pronounced in 2015 when the production volume increased by 19%. Wooden furniture treatments production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wooden Furniture Treatments Exports

Exports from Kenya

In 2022, exports of polishes and creams for wooden furniture and floors from Kenya skyrocketed to X tons, growing by 80% on the previous year's figure. Overall, exports, however, saw a slight setback. The pace of growth was the most pronounced in 2015 when exports increased by 620% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden furniture treatments exports soared to $X in 2022. Over the period under review, exports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2015 with an increase of 586% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Uganda (X tons) was the main destination for wooden furniture treatments exports from Kenya, accounting for a 72% share of total exports. Moreover, wooden furniture treatments exports to Uganda exceeded the volume sent to the second major destination, Rwanda (X tons), threefold. Tanzania (X kg) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uganda totaled +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+6.9% per year) and Tanzania (-13.6% per year).

In value terms, the largest markets for wooden furniture treatments exported from Kenya were Uganda ($X), Rwanda ($X) and Tanzania ($X), together accounting for 98% of total exports.

Uganda, with a CAGR of +24.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average wooden furniture treatments export price amounted to $X per ton, growing by 8.9% against the previous year. In general, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Furniture Treatments Imports

Imports into Kenya

In 2022, approx. X tons of polishes and creams for wooden furniture and floors were imported into Kenya; with a decrease of -11.8% compared with 2021 figures. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 50% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, wooden furniture treatments imports contracted to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 103%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The UK (X tons), Turkey (X tons) and the United Arab Emirates (X tons) were the main suppliers of wooden furniture treatments imports to Kenya, with a combined 56% share of total imports. Spain, Poland, South Africa, the Netherlands, China, Egypt and Belgium lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +102.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden furniture treatments suppliers to Kenya were the United Arab Emirates ($X), Poland ($X) and the UK ($X), with a combined 38% share of total imports. South Africa, the Netherlands, Turkey, Spain, China, Egypt and Belgium lagged somewhat behind, together accounting for a further 44%.

In terms of the main suppliers, Spain, with a CAGR of +91.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden furniture treatments import price amounted to $X per ton, rising by 4.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 35%. The import price peaked at $X per ton in 2020; however, from 2021 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 Egypt ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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