Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Ghana - 2023

Contents:

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

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

The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $431 per cubic meter in 2022, picking up by 13% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 28%. Over the period under review, average import prices reached the maximum at $743 per cubic meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($453 per cubic meter), while the price for Thailand ($20 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+180.7%), 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 Ghana (FOB) - 2022

In 2022, the average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $91 per cubic meter, dropping by -20.2% against the previous year. Overall, the export price continues to indicate a dramatic shrinkage. The growth pace was the most rapid in 2016 an increase of 12% against the previous year. The export price peaked at $4,465 per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2014 to 2022, the rate of growth in terms of prices for Gambia amounted to -20.0% per year.

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

In 2022, approx. 1.3K cubic meters of medium density fibreboard (MDF) of thickness from 5 to 9 mm were imported into Ghana; with a decrease of -14.2% against the previous year's figure. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 235% against the previous year. As a result, imports attained the peak of 1.5K cubic meters, and then shrank in the following year.

In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm contracted slightly to $544K in 2022. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 176%. As a result, imports attained the peak of $563K, and then dropped in the following year.

Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China99.710983.31227.0%
Vietnam37.010.014.216.7-23.3%
Belgium2.63.94.016.083.3%
Malaysia8.525.713.714.018.1%
Hong Kong SARN/AN/A18.09.3-48.3%
United Arab EmiratesN/AN/AN/A5.00%
Turkey12.531.227.12.4-42.3%
ThailandN/AN/A27.7N/A0%
Others28923.53753597.5%
Total4502045635446.5%

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

  1. China (268.0 cubic meters)
  2. Malaysia (51.0 cubic meters)
  3. Vietnam (44.0 cubic meters)
  4. United Arab Emirates (43.0 cubic meters)
  5. Belgium (35.0 cubic meters)
  6. Hong Kong SAR (29.0 cubic meters)
  7. Turkey (7.0 cubic meters)
  8. Thailand (1.0 cubic meters)

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

Exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm from Ghana was estimated at 1 cubic meters in 2022, remaining relatively unchanged against the year before. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm dropped significantly to $91 in 2022. Overall, exports saw a deep contraction. The smallest decline of -19.7% was in 2021. The exports peaked at $177 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A91.00%
Gambia177142N/AN/A-19.8%
TogoN/AN/A114N/A0%
OthersN/AN/AN/AN/A0%
Total17714211491.0-19.9%

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

  1. China (1.0 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 - Ghana