Report Update Nov 1, 2024

Kenya - Wood Chips and Particles - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Kenya

After five years of growth, the Kenyan wood chips and particles market decreased by -17.2% to $X in 2022. Over the period under review, consumption, however, showed a significant increase. Wood chips and particles consumption peaked at $X in 2021, and then dropped remarkably in the following year.

Exports of Wood Chips And Particles

Exports from Kenya

For the third year in a row, Kenya recorded growth in overseas shipments of wood chips and particles, which increased by 50% to X cubic meters in 2022. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by 300% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood chips and particles exports dropped notably to $X in 2022. Over the period under review, exports, however, saw a deep downturn. The growth pace was the most rapid in 2016 when exports increased by 1,213% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uganda (X cubic meters) and Finland (X cubic meters) were the main destinations of wood chips and particles exports from Kenya.

From 2012 to 2022, the biggest increases were recorded for Uganda (with a CAGR of 0.0%).

In value terms, Uganda ($X) and Finland ($X) constituted the largest markets for wood chips and particles exported from Kenya worldwide.

Finland, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average wood chips and particles export price amounted to $X per cubic meter, dropping by -43.4% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 228%. As a result, the export price attained the peak level of $X per cubic meter. From 2017 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($X per cubic meter), while the average price for exports to Finland totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-15.9%).

Imports of Wood Chips And Particles

Imports into Kenya

In 2022, purchases abroad of wood chips and particles decreased by -11.2% to X cubic meters for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 150% against the previous year. Imports peaked at X cubic meters in 2021, and then declined in the following year.

In value terms, wood chips and particles imports reduced remarkably to $X in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 173% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then fell notably in the following year.

Imports by Country

Germany (X cubic meters), the United States (X cubic meters) and South Africa (X cubic meters) were the main suppliers of wood chips and particles imports to Kenya, together comprising 64% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +1,800.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of wood chips and particles to Kenya, comprising 39% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by the UK, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +34.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+344.7% per year) and the UK (+2.8% per year).

Import Prices by Country

In 2022, the average wood chips and particles import price amounted to $X per cubic meter, shrinking by -12.4% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood chips and particles import price decreased by -1.6% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 37%. The import price peaked at $X per cubic meter in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Germany ($X per cubic meter), while the price for South Africa ($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 (+17.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood chips and particles in the world?

China constituted the country with the largest volume of wood chips and particles consumption, comprising approx. 25% of total volume. Moreover, wood chips and particles consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Australia, with a 9.9% share.

What are the largest producers of wood chips and particles in the world?

The countries with the highest volumes of in 2021 were the United States, China and Australia, with a combined 38% share of global production. These countries were followed by Vietnam, Russia, Belarus, Canada, Brazil, Chile, Sweden, Germany, Finland and France, which together accounted for a further 41%.

What are the leading suppliers of wood chips and particles to Kenya?

In value terms, Germany constituted the largest supplier of wood chips and particles to Kenya.

What is the average export price for wood chips and particles in Kenya?

The average wood chips and particles export price stood at $63 per cubic meter in 2021, with a decrease of -92.3% against the previous year.

What is the average import price for wood chips and particles in Kenya?

In 2021, the average wood chips and particles import price amounted to $12,797 per cubic meter, surging by 5,322% against the previous year.

This report provides an in-depth analysis of the market for wood chips and particles 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 1619 - Wood chips and particles

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