Price for Wood; Shuttering for Concrete Constructional Work in Kenya - 2022

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Kenya (CIF) - 2022
  2. Imports of Wood; Shuttering for Concrete Constructional Work in Kenya

Price for Wood; Shuttering for Concrete Constructional Work in Kenya (CIF) - 2022

In 2022, the average import price for wood; shuttering for concrete constructional work amounted to $566 per ton, which is down by -16.6% against the previous year. Over the period under review, the import price saw a noticeable slump. The pace of growth appeared the most rapid in 2021 an increase of 31%. Over the period under review, average import prices attained the maximum at $953 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.1% per year.

Imports of Wood; Shuttering for Concrete Constructional Work in Kenya

Imports of wood; shuttering for concrete constructional work into Kenya expanded sharply to 603 tons in 2022, surging by 15% on the year before. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 106%. As a result, imports reached the peak of 907 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of wood; shuttering for concrete constructional work dropped to $342K in 2022. Overall, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 46%. As a result, imports reached the peak of $470K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Wood; Shuttering for Concrete Constructional Work in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19331622034221.0%
QatarN/A17.6N/AN/A0%
India7.25.34.8N/A-18.4%
Others1231321320.1-90.7%
Total3224703573422.0%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Kenya in 2022:

  1. China (603.2 tons)

Source: IndexBox Market Intelligence Platform

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