Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia (FOB) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia (CIF) - 2024
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia (FOB) - 2024
The average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $469 per cubic meter in May 2024, almost unchanged from the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in July 2023 an increase of 28% against the previous month. As a result, the export price reached the peak level of $487 per cubic meter. From August 2023 to May 2024, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In May 2024, the country with the highest price was the Philippines ($555 per cubic meter), while the average price for exports to India ($214 per cubic meter) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $285 per cubic meter in May 2024, rising by 5.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average import price increased by 18% against the previous month. The import price peaked at $342 per cubic meter in September 2023; however, from October 2023 to May 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($488 per cubic meter), while the price for Thailand stood at $246 per cubic meter.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Thailand (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia
After two years of decline, overseas shipments of medium density fibreboard (MDF) of thickness from 5 to 9 mm increased by 43% to 46K cubic meters in 2022. In general, exports, however, recorded a abrupt decline. Over the period under review, the exports of attained the peak figure at 63K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm skyrocketed to $21M in 2022. Overall, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% 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 +70.3% against 2020 indices. 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 Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.6 | 4.9 | 5.7 | 12.5 | 23.7% |
| India | 2.4 | 0.6 | 0.3 | 1.7 | -10.9% |
| United Arab Emirates | 2.5 | 1.9 | 0.7 | 1.6 | -13.8% |
| United States | 1.0 | 1.2 | 2.1 | 1.4 | 11.9% |
| South Korea | 0.9 | 0.7 | 0.5 | 0.8 | -3.9% |
| Philippines | 1.1 | 0.5 | 2.3 | 0.6 | -18.3% |
| Indonesia | 0.6 | 0.1 | 0.3 | 0.5 | -5.9% |
| Sri Lanka | 0.7 | 0.6 | 0.7 | 0.5 | -10.6% |
| Australia | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Qatar | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Kuwait | 0.5 | 0.6 | 0.1 | N/A | -55.3% |
| Nepal | N/A | N/A | N/A | N/A | 0% |
| Others | 2.9 | 1.2 | 0.9 | 0.8 | -34.9% |
| Total | 19.3 | 12.4 | 13.9 | 21.1 | 3.0% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from Malaysia in 2022:
- Japan (20.2K cubic meters)
- India (6.8K cubic meters)
- United Arab Emirates (4.8K cubic meters)
- United States (2.9K cubic meters)
- Nepal (2.1K cubic meters)
- Philippines (2.0K cubic meters)
- South Korea (1.5K cubic meters)
- Indonesia (1.3K cubic meters)
- Sri Lanka (1.3K cubic meters)
- Qatar (0.8K cubic meters)
- Australia (0.7K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia
For the third year in a row, Malaysia recorded decline in supplies from abroad of medium density fibreboard (MDF) of thickness from 5 to 9 mm, which decreased by -31.9% to 12K cubic meters in 2022. In general, imports faced a significant decline. The smallest decline of -22.6% was in 2021. Imports peaked at 32K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm reduced to $3.9M in 2022. Overall, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2020 with an increase of 59% against the previous year. As a result, imports attained the peak of $7M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,179 | 2,934 | 1,884 | 1,500 | -11.7% |
| Indonesia | 1,083 | 889 | 688 | 1,381 | 8.4% |
| Thailand | 663 | 2,326 | 1,214 | 816 | 7.2% |
| New Zealand | 251 | 427 | 321 | 137 | -18.3% |
| India | 176 | 363 | 89.5 | N/A | -28.7% |
| Others | 49.5 | 52.4 | 213 | 30.4 | -15.0% |
| Total | 4,401 | 6,990 | 4,409 | 3,864 | -4.2% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to Malaysia in 2022:
- Indonesia (4.3K cubic meters)
- Thailand (4.1K cubic meters)
- China (2.8K cubic meters)
- New Zealand (0.4K cubic meters)
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