Market News

Timber Trade sees a revival in East Africa
Timber Trade sees a revival in East Africa
30 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 . . .

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Contribution of the Wood Industry to Kenya
Contribution of the Wood Industry to Kenya
2 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 an . . .

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East African wood processing market prospects remain dominant
East African wood processing market prospects remain dominant
24 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 . . .

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AFRIWOOD MAKES A 6TH EDITION COMEBACK AT KICC NAIROBI
AFRIWOOD MAKES A 6TH EDITION COMEBACK AT KICC NAIROBI
25 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 t . . .

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Africa wood coating industry is on the rise due to the increase in the residential property market
Africa wood coating industry is on the rise due to the increase in the residential property market
29 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 Afr . . .

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