Kenya"s construction industry is a vibrant sector, playing a pivotal role in the nation"s economic development. Central to this industry is the wood and timber market, which supplies vital materials for building projects across the country. Recent data indicates a slight increase in the trade volume of wood and timber, suggesting a steady demand fueled by ongoing urbanization and infrastructure projects. The CSV data shows that the average price of wood and timber has experienced moderate fluctuations over the past year, with a notable uptick in the second quarter. This price increase can be attributed to both domestic factors, such as increased construction activities, and external factors, including global supply chain disruptions. Additionally, the demand for sustainable and certified timber has driven prices higher as consumers become more environmentally conscious. Import volumes have remained relatively stable, indicating that local production is sufficiently meeting much of the domestic demand. However, the rising cost of imported timber due to currency fluctuations and transportation costs has put pressure on local suppliers to maintain competitive pricing.

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