Report Update Nov 1, 2024

Kenya - Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Kenya

The Kenyan coniferous roundwood market declined modestly to $X in 2022, with a decrease of -3.2% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Coniferous Roundwood Production in Kenya

In value terms, coniferous roundwood production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 15%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Coniferous Roundwood Exports

Exports from Kenya

For the fourth year in a row, Kenya recorded decline in overseas shipments of roundwood (coniferous), which decreased by -37.9% to X cubic meters in 2022. Overall, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2018 when exports increased by 49%. Over the period under review, the exports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, coniferous roundwood exports declined dramatically to $X in 2022. Over the period under review, exports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 96% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X cubic meters) was the main destination for coniferous roundwood exports from Kenya, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to -35.7%.

In value terms, India ($X) also remains the key foreign market for roundwood (coniferous) exports from Kenya.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled -46.2%.

Export Prices by Country

In 2022, the average coniferous roundwood export price amounted to $X per cubic meter, shrinking by -16% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +49.7% per year.

Coniferous Roundwood Imports

Imports into Kenya

In 2022, supplies from abroad of roundwood (coniferous) was finally on the rise to reach X cubic meters after three years of decline. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 291%. Over the period under review, imports hit record highs at X cubic meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, coniferous roundwood imports skyrocketed to $X in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2017 when imports increased by 846%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X cubic meters) was the main coniferous roundwood supplier to Kenya, with a 94% share of total imports. Moreover, coniferous roundwood imports from South Africa exceeded the figures recorded by the second-largest supplier, Tanzania (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa amounted to +40.6%.

In value terms, South Africa ($X) constituted the largest supplier of roundwood (coniferous) to Kenya, comprising 93% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 5.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from South Africa amounted to +40.5%.

Import Prices by Country

In 2022, the average coniferous roundwood import price amounted to $X per cubic meter, dropping by -29.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 142%. As a result, import price reached the peak level of $X per cubic meter. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($X per cubic meter), while the price for South Africa amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for roundwood (coniferous) in the world?

The countries with the highest volumes of coniferous roundwood consumption in 2021 were the United States, China and Russia, together comprising 46% of global consumption.

What are the largest producers of roundwood (coniferous) in the world?

The countries with the highest volumes of coniferous roundwood production in 2021 were the United States, Russia and Canada, together accounting for 44% of global production. China, Sweden, Germany, Finland, New Zealand, Brazil, Poland, the Czech Republic, Chile and Japan lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of roundwood (coniferous) to Kenya?

In value terms, Tanzania constituted the largest supplier of coniferous roundwood to Kenya.

What are the leading importers of roundwood (coniferous) from Kenya?

In value terms, India remains the key foreign market for coniferous roundwood exports from Kenya.

What is the average export price for roundwood (coniferous) in Kenya?

In 2021, the average coniferous roundwood export price amounted to $116 per cubic meter, surging by 5.7% against the previous year.

What is the average import price for roundwood (coniferous) in Kenya?

In 2021, the average coniferous roundwood import price amounted to $64 per cubic meter, falling by -4.3% against the previous year.

This report provides an in-depth analysis of the coniferous roundwood market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1862 -

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023