Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan - 2024

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan (CIF) - 2024
  2. Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan (FOB) - 2022
  3. Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan
  4. Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan

Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan (CIF) - 2024

The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $401 per cubic meter in April 2024, with an increase of 11% against the previous month. Over the period under review, the import price, however, recorded a mild decline. The import price peaked at $504 per cubic meter in June 2023; however, from July 2023 to April 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($634 per cubic meter), while the price for Belarus ($308 per cubic meter) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Turkey (+2.1%), while the prices for the other major suppliers experienced a decline.

Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan (FOB) - 2022

The average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $726 per cubic meter in 2021, jumping by 8,974% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Georgia ($760 per cubic meter), while the average price for exports to Iran totaled $680 per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+5.1%).

Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan

In 2022, approx. 42K cubic meters of medium density fibreboard (MDF) of thickness from 5 to 9 mm were imported into Azerbaijan; growing by 9.8% against the previous year. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm skyrocketed to $23M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6481,1831,2191,49832.2%
Belarus1,3981,2391,3081,132-6.8%
Belgium10696.841.91348.1%
Ukraine68.262.614511117.6%
Russia10391.990.384.1-6.5%
China11419.176.055.7-21.2%
Others10,17110,06116,11719,54124.3%
Total12,60812,75218,99722,55621.4%

Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to Azerbaijan in 2022:

  1. Turkey (2.7K cubic meters)
  2. Belarus (2.4K cubic meters)
  3. Ukraine (0.3K cubic meters)
  4. China (0.1K cubic meters)
  5. Belgium (0.1K cubic meters)
  6. Russia (0.1K cubic meters)

Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan

In 2021, the amount of medium density fibreboard (MDF) of thickness from 5 to 9 mm exported from Azerbaijan surged to 25 cubic meters, growing by 2,400% against the previous year. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm surged to $18K in 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Azerbaijan (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
IranN/A7.20%
GeorgiaN/A5.50%
United StatesN/AN/A0%
OthersN/A5.50%
TotalN/A18.10%

Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from Azerbaijan in 2022:

  1. Iran (11.0 cubic meters)
  2. Georgia (7.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Medium density fibreboard (MDF), of a thickness exceeding 5 mm but not exceeding 9 mm - Azerbaijan