Czech Republic - MDF - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Czech Republic - MDF - Market Analysis, Forecast, Size, Trends and Insights

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MDF Price in the Czech Republic - 2023

Contents:

  1. MDF Price in the Czech Republic (CIF) - 2023
  2. MDF Price in the Czech Republic (FOB) - 2023
  3. MDF Imports in the Czech Republic
  4. MDF Exports in the Czech Republic

MDF Price in the Czech Republic (CIF) - 2023

The average MDF import price stood at $818 per cubic meter in June 2023, with a decrease of -3.2% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 15% m-o-m. As a result, import price attained the peak level of $889 per cubic meter. From January 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($992 per cubic meter), while the price for Ukraine ($514 per cubic meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+0.1%), while the prices for the other major suppliers experienced a decline.

MDF Price in the Czech Republic (FOB) - 2023

In June 2023, the average MDF export price amounted to $595 per cubic meter, which is down by -1.9% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 12% against the previous month. Over the period under review, the average export prices hit record highs at $697 per cubic meter in December 2022; however, from January 2023 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($804 per cubic meter), while the average price for exports to Poland ($441 per cubic meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

MDF Imports in the Czech Republic

In 2022, approx. 111K cubic meters of MDF were imported into the Czech Republic; with a decrease of -20.7% compared with the year before. In general, imports showed a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 18%. As a result, imports reached the peak of 140K cubic meters, and then reduced rapidly in the following year.

In value terms, MDF imports shrank to $89M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $92M, and then contracted modestly in the following year.

Import of MDF in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.315.819.822.819.7%
Poland7.88.416.116.428.1%
Austria10.011.516.415.014.5%
Slovakia6.65.09.312.222.7%
Ukraine5.85.59.87.06.5%
Belgium4.95.45.83.7-8.9%
Romania0.90.62.13.252.6%
Hungary2.22.74.62.42.9%
Others7.26.58.46.9-1.4%
Total58.761.492.389.515.1%

Top Suppliers of MDF to the Czech Republic in 2022:

  1. Germany (26.4K cubic meters)
  2. Poland (23.6K cubic meters)
  3. Slovakia (15.4K cubic meters)
  4. Ukraine (14.1K cubic meters)
  5. Austria (14.1K cubic meters)
  6. Romania (4.8K cubic meters)
  7. Hungary (4.0K cubic meters)
  8. Belgium (2.9K cubic meters)

MDF Exports in the Czech Republic

In 2022, overseas shipments of MDF decreased by -14.6% to 57K cubic meters for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, the exports reached the peak of 66K cubic meters, and then contracted in the following year.

In value terms, MDF exports expanded slightly to $35M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of MDF in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia7.07.39.18.87.9%
Poland3.03.25.56.428.7%
Germany4.04.56.36.316.3%
Netherlands1.21.41.92.426.0%
Austria0.91.01.91.723.6%
Hungary1.00.91.21.617.0%
SwedenN/AN/A1.21.633.3%
Croatia0.1N/A0.71.3135.1%
Italy0.20.20.60.858.7%
Estonia0.2N/A0.90.858.7%
Slovenia0.90.80.80.6-12.6%
Bosnia and HerzegovinaN/AN/A0.40.650.0%
Spain1.11.60.70.1-55.0%
Others0.81.32.01.728.6%
Total20.522.433.434.619.1%

Top Export Markets for MDF from the Czech Republic in 2022:

  1. Slovakia (12.3K cubic meters)
  2. Poland (12.0K cubic meters)
  3. Germany (10.2K cubic meters)
  4. Netherlands (3.7K cubic meters)
  5. Austria (2.9K cubic meters)
  6. Hungary (2.6K cubic meters)
  7. Sweden (2.4K cubic meters)
  8. Croatia (2.3K cubic meters)
  9. Estonia (1.5K cubic meters)
  10. Italy (1.4K cubic meters)
  11. Bosnia and Herzegovina (1.3K cubic meters)
  12. Slovenia (1.2K cubic meters)
  13. Spain (0.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mdf market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1648 - MDF/HDF

Country coverage:

  • Czech Republic

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Czech Republic
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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