Market News

  • Timber Trade sees a revival in East Africa

    Posted on :Wednesday , 30th September 2020

    Timber trade accounts for hundreds of thousands of cubic metres of hardwood natural plantations annually; Mozambique, the DRC and, to a lesser degree, Tanzania, are the primary source countries for natural forest timber, while Kenya and Uganda are the largest importers.

     

    Overall, regional trade in natural forest timber in the area is growing, hitting a value of hundreds of mil. . .

  • Contribution of the Wood Industry to Kenya

    Posted on :Wednesday , 2nd September 2020

    In Kenya, the demand for furniture is increasing at 10 per cent per year, plywood mills consume 15 per cent of the industrial wood available for furniture and manufacture plywood, MDF, particleboard, blockboard and veneer. 

     

    These mills are mainly sold to the formal industry and use pine and cypress as raw materials, with knots and wood structure limiting the visual quali. . .

  • East African wood processing market prospects remain dominant

    Posted on :Friday , 24th July 2020

    As per the study, Eastern African economies purchase annually USD 1.2 billion in furniture, 22 percent of which is imported. As development is driven by increasing urban populations and purchasing power, growth prospects are favourable, and Kenya, Ethiopia, Tanzania, and Uganda are likely to remain the dominant markets for furniture. Kenya is the main furniture market in eastern Africa. It is a. . .

  • AFRIWOOD MAKES A 6TH EDITION COMEBACK AT KICC NAIROBI

    Posted on :Tuesday , 25th June 2019

    04 - 06 July 2019 | Kenyatta International Convention Centre | Nairobi | Kenya 

    Dated: 10th June, 2019

    After consecutive successes the 6th AFRIWOOD AFRICA is back from the 04th – 06th July 2019 at KICC, Nairobi in Kenya. Held concurrently with the 22nd Buildexpo 2019, the event shares the stage, opening up to greater number of visitors from a wide industry base. Afric. . .

  • Africa wood coating industry is on the rise due to the increase in the residential property market

    Posted on :Wednesday , 29th May 2019

    After the successful implementation of many housing projects, investors are curious about the upcoming demand trends on wood coating market. A recent report by two consultancy firms clearly indicates how the growth of the residential property is booming the demand for wood protection products in Africa. Increase in urban population is creating huge demand for wood protection products such as pa. . .

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