Wooden Particle Board Price in Tanzania - 2022

Contents:

  1. Wooden Particle Board Price in Tanzania (CIF) - 2022
  2. Wooden Particle Board Price in Tanzania (FOB) - 2022
  3. Wooden Particle Board Imports in Tanzania
  4. Wooden Particle Board Exports in Tanzania

Wooden Particle Board Price in Tanzania (CIF) - 2022

In 2022, the average wooden particle board import price amounted to $36 per cubic meter, with a decrease of -87.7% against the previous year. Overall, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of 329% against the previous year. Over the period under review, average import prices reached the maximum at $309 per cubic meter in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($122 per cubic meter), while the price for Thailand amounted to $35 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced a decline.

Wooden Particle Board Price in Tanzania (FOB) - 2022

The average wooden particle board export price stood at $341 per cubic meter in 2022, rising by 105% against the previous year. In general, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2017 an increase of 172%. Over the period under review, the average export prices attained the peak figure at $763 per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +30.9% per year.

Wooden Particle Board Imports in Tanzania

In 2022, wooden particle board imports into Tanzania skyrocketed to 680 cubic meters, picking up by 101% compared with 2021. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,111% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wooden particle board imports shrank rapidly to $24K in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 1,477% against the previous year. As a result, imports attained the peak of $98K, and then shrank markedly in the following year.

Import of Wooden Particle Board in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.90.54.323.3195.8%
China3.20.95.20.2-60.3%
Kenya0.50.662.0N/A1013.6%
South Africa10.12.914.9N/A21.5%
Italy1.00.53.3N/A81.7%
Brazil2.1N/AN/AN/A0%
Others6.80.98.50.7-53.1%
Total24.66.298.324.3-0.4%

Top Suppliers of Wooden Particle Board to Tanzania in 2022:

  1. Thailand (676.0 cubic meters)
  2. China (2.0 cubic meters)

Wooden Particle Board Exports in Tanzania

In 2022, overseas shipments of wooden particle board decreased by -93.3% to 2 cubic meters, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 209% against the previous year. As a result, the exports attained the peak of 269 cubic meters. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wooden particle board exports reduced rapidly to $682 in 2022. In general, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 102% against the previous year. As a result, the exports reached the peak of $47K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Wooden Particle Board in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo7.710.40.50.7-55.0%
Kenya9.121.82.6N/A-46.5%
Burundi1.94.50.5N/A-48.7%
Rwanda4.410.51.3N/A-45.6%
Others0.40.3N/AN/A-25.0%
Total23.447.45.00.7-69.0%

Top Export Markets for Wooden Particle Board from Tanzania in 2022:

  1. Democratic Republic of the Congo (2.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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