Kenya: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Kenya

In 2021, the Kenyan wooden office furniture market increased by 8.1% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, saw a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Wooden Office Furniture Exports

Exports from Kenya

In 2021, approx. X units of wooden furniture of a kind used in offices were exported from Kenya; declining by -16.2% on the year before. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of 231%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, wooden office furniture exports declined remarkably to $X in 2021. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when exports increased by 275%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ethiopia (X units), Rwanda (X units) and Tanzania (X units) were the main destinations of wooden office furniture exports from Kenya, with a combined 92% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ethiopia (with a CAGR of +30.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wooden office furniture exported from Kenya were Ethiopia ($X), Rwanda ($X) and Tanzania ($X), together comprising 94% of total exports.

Ethiopia, with a CAGR of +22.3%, recorded the highest growth rate of 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

The average wooden office furniture export price stood at $X per unit in 2021, almost unchanged from the previous year. Overall, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 70% against the previous year. The export price peaked at $X per unit in 2020, and then reduced modestly in the following year.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Ethiopia ($X per unit) and Rwanda ($X per unit), while the average price for exports to Burkina Faso ($X per unit) and Tanzania ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+32.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports into Kenya

In 2021, overseas purchases of wooden furniture of a kind used in offices were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 35%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, wooden office furniture imports declined to $X in 2021. In general, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2013 when imports increased by 25%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wooden office furniture to Kenya, with a 44% share of total imports. Moreover, wooden office furniture imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fivefold. The United Arab Emirates (X units) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-19.1% per year) and the United Arab Emirates (-10.0% per year).

In value terms, China ($X) constituted the largest supplier of wooden furniture of a kind used in offices to Kenya, comprising 66% of total imports. The second position in the ranking was held by the UK ($X), with a 7% share of total imports. It was followed by the United Arab Emirates, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+2.0% per year) and the United Arab Emirates (-20.9% per year).

Import Prices by Country

The average wooden office furniture import price stood at $X per unit in 2021, which is down by -19.4% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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