Kenya: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Kenya

The Kenyan market for saw logs and veneer logs contracted slightly to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Saw Logs And Veneer Logs in Kenya

In value terms, saw logs and veneer logs production declined slightly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs

Exports from Kenya

In 2022, shipments abroad of saw logs and veneer logs decreased by X% to X cubic meters, falling for the third year in a row after three years of growth. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs exports contracted notably to $X in 2022. In general, exports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X cubic meters) was the main destination for saw logs and veneer logs exports from Kenya, with a X% share of total exports. Moreover, saw logs and veneer logs exports to the United Arab Emirates exceeded the volume sent to the second major destination, Rwanda (X cubic meters), fivefold. South Sudan (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and South Sudan (X% per year).

In value terms, the United Arab Emirates ($X), Rwanda ($X) and the Netherlands ($X) constituted the largest markets for saw logs and veneer logs exported from Kenya worldwide, with a combined X% share of total exports.

The United Arab Emirates, with a CAGR of X%, 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 more modest paces of growth.

Export Prices by Country

The average export price for saw logs and veneer logs stood at $X per cubic meter in 2022, dropping by X% against the previous year. Overall, the export price, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to the United Arab Emirates ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports into Kenya

In 2022, approx. X cubic meters of saw logs and veneer logs were imported into Kenya; picking up by X% compared with 2021. In general, imports, however, continue to indicate a slight setback. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of X cubic meters. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, saw logs and veneer logs imports surged to $X in 2022. Overall, imports enjoyed a pronounced expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Uganda (X cubic meters) was the main supplier of saw logs and veneer logs to Kenya, accounting for a X% share of total imports. It was followed by South Sudan (X cubic meters), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Uganda amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Sudan (X% per year) and South Africa (X% per year).

In value terms, Uganda ($X) constituted the largest supplier of saw logs and veneer logs to Kenya, comprising X% of total imports. The second position in the ranking was held by South Sudan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Uganda amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Sudan (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs amounted to $X per cubic meter, increasing by X% against the previous year. In general, the import price showed noticeable growth. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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