Uganda: Densified Wood Market 2025

Densified Wood Market Size in Uganda

The Ugandan densified wood market amounted to $X in 2022, standing approx. at the previous year. Over the period under review, consumption, however, recorded a noticeable setback. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Densified Wood Production in Uganda

In value terms, densified wood production contracted modestly to $X in 2022 estimated in export price. In general, production, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by 18% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Densified Wood Exports

Exports from Uganda

After nine years of decline, overseas shipments of densified wood increased by 61% to X tons in 2022. In general, exports, however, continue to indicate a abrupt downturn. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, densified wood exports surged to $X in 2022. Over the period under review, exports, however, recorded a significant curtailment. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for densified wood exports from Uganda, with a 50% share of total exports. Moreover, densified wood exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Rwanda (X kg), twofold. The third position in this ranking was held by Kenya (X kg), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to +33.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-1.0% per year) and Kenya (-24.6% per year).

In value terms, Kenya ($X), Sudan ($X) and Rwanda ($X) appeared to be the largest markets for densified wood exported from Uganda worldwide, together accounting for 85% of total exports.

Sudan, with a CAGR of +12.5%, saw 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 a decline.

Export Prices by Country

In 2022, the average densified wood export price amounted to $X per ton, shrinking by -4.4% against the previous year. Overall, the export price showed a deep setback. The pace of growth appeared the most rapid in 2018 when the average export price decreased by -0.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Densified Wood Imports

Imports into Uganda

After two years of decline, purchases abroad of densified wood increased by 5.1% to X tons in 2022. Over the period under review, imports, however, continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2019 with an increase of 244%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, densified wood imports rose sharply to $X in 2022. Overall, imports, however, faced a deep setback. The growth pace was the most rapid in 2019 when imports increased by 278%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of densified wood to Uganda, accounting for a 53% share of total imports. Moreover, densified wood imports from South Korea exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Rwanda (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea totaled +24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+17.0% per year) and Rwanda (-38.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of densified wood to Uganda, comprising 44% of total imports. The second position in the ranking was taken by South Africa ($X), with a 17% share of total imports. It was followed by South Korea, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+37.0% per year) and South Korea (+3.1% per year).

Import Prices by Country

In 2022, the average densified wood import price amounted to $X per ton, leveling off at the previous year. Overall, the import price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2014 an increase of 35% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 South Africa ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform