Kenya: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Kenya

In 2022, the Kenyan sawnwood (non-coniferous) market decreased by -5% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption, however, posted strong growth. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Sawnwood (Non-Coniferous) Production in Kenya

In value terms, sawnwood (non-coniferous) production amounted to $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.1% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 36% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Kenya

In 2022, shipments abroad of sawnwood (non-coniferous) decreased by -79.7% to X cubic meters, falling for the third year in a row after three years of growth. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 463%. The exports peaked at X cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, sawnwood (non-coniferous) exports dropped rapidly to $X in 2022. In general, exports, however, recorded a mild expansion. The growth pace was the most rapid in 2018 when exports increased by 818%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India (X cubic meters) was the main destination for sawnwood (non-coniferous) exports from Kenya, with a 51% share of total exports. Moreover, sawnwood (non-coniferous) exports to India exceeded the volume sent to the second major destination, Rwanda (X cubic meters), twofold. The third position in this ranking was held by South Sudan (X cubic meters), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+11.9% per year) and South Sudan (-9.6% per year).

In value terms, India ($X) remains the key foreign market for sawnwood (non-coniferous) exports from Kenya, comprising 65% of total exports. The second position in the ranking was held by South Sudan ($X), with a 16% share of total exports. It was followed by France, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value to India totaled +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (+18.8% per year) and France (0.0% per year).

Export Prices by Country

In 2022, the average sawnwood (non-coniferous) export price amounted to $X per cubic meter, surging by 27% against the previous year. In general, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 63% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 France ($X per cubic meter), while the average price for exports to Rwanda ($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 South Sudan (+31.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Kenya

In 2022, purchases abroad of sawnwood (non-coniferous) decreased by -8.4% to X cubic meters for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 774% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2021, and then contracted in the following year.

In value terms, sawnwood (non-coniferous) imports stood at $X in 2022. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 768%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Democratic Republic of the Congo (X cubic meters) constituted the largest sawnwood (non-coniferous) supplier to Kenya, accounting for a 77% share of total imports. Moreover, sawnwood (non-coniferous) imports from Democratic Republic of the Congo exceeded the figures recorded by the second-largest supplier, Tanzania (X cubic meters), sixfold. Uganda (X cubic meters) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume from Democratic Republic of the Congo amounted to +46.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (+17.5% per year) and Uganda (+26.7% per year).

In value terms, Democratic Republic of the Congo ($X) constituted the largest supplier of sawnwood (non-coniferous) to Kenya, comprising 82% of total imports. The second position in the ranking was held by Tanzania ($X), with an 8.9% share of total imports. It was followed by Rwanda, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from Democratic Republic of the Congo stood at +41.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (+24.8% per year) and Rwanda (0.0% per year).

Import Prices by Country

The average sawnwood (non-coniferous) import price stood at $X per cubic meter in 2022, with an increase of 20% against the previous year. In general, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 189%. The import price peaked at $X per cubic meter in 2016; however, from 2017 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 Rwanda ($X per cubic meter), while the price for Uganda ($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 Malawi (+40.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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