Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada (FOB) - 2024
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $831 per cubic meter in 2022, growing by 26% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,051 per cubic meter), while the price for the United States ($472 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+60.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada (FOB) - 2024
The average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $727 per cubic meter in March 2024, with an increase of 8.1% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2024 an increase of 16% m-o-m. The export price peaked at $803 per cubic meter in May 2023; however, from June 2023 to March 2024, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From March 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to -0.2% per month.
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada
In 2022, supplies from abroad of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -25.2% to 81K cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. Imports peaked at 108K cubic meters in 2021, and then shrank significantly in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm dropped to $67M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $71M, and then dropped in the following year.
Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 24.9 | 22.0 | 21.4 | 27.4 | 3.2% |
Austria | 11.4 | 11.9 | 8.9 | 11.8 | 1.2% |
Belgium | 3.5 | 3.7 | 12.7 | 8.3 | 33.4% |
Switzerland | N/A | 5.6 | 13.0 | 6.9 | 11.0% |
Germany | 2.5 | 4.0 | 6.5 | 5.3 | 28.5% |
China | 3.3 | 4.5 | 4.8 | 3.9 | 5.7% |
Chile | 2.4 | 4.0 | 3.4 | 3.2 | 10.1% |
Others | 2.2 | 2.0 | 0.8 | 0.7 | -31.7% |
Total | 50.0 | 57.7 | 71.5 | 67.4 | 10.5% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to Canada in 2022:
- United States (58.1K cubic meters)
- Austria (5.9K cubic meters)
- Switzerland (4.0K cubic meters)
- Belgium (4.0K cubic meters)
- China (3.4K cubic meters)
- Germany (3.3K cubic meters)
- Chile (1.6K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Canada
In 2022, the amount of medium density fibreboard (MDF) of thickness from 5 to 9 mm exported from Canada expanded significantly to 67K cubic meters, picking up by 5.7% on the year before. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the exports of reached the maximum in 2022 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 $53M in 2022. Overall, exports enjoyed prominent 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 Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 31.5 | 27.5 | 37.5 | 52.7 | 18.7% |
Others | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
Total | 31.9 | 27.8 | 37.8 | 53.0 | 18.4% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from Canada in 2022:
- United States (66.3K cubic meters)
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The price of Fiberboard in June 2023 was $203 per cubic meter (CIF, Canada), representing a decrease of 8% compared to the previous month.
From 2018 to 2023, the growth of Hardboard exports saw a slight decrease, with a rapid contraction in value terms to $122M in 2023.
In February 2023, the hardboard price amounted to $1,017 per cubic meter (FOB, Canada), increasing by 13% against the previous month.
In February 2023, the price of Insulating Board was $797 per cubic meter (CIF, Canada), up 6.8% from the previous month.
In February 2023, the MDF price was $963 per cubic meter (CIF, Canada), a 4.9% increase compared to the previous month.
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