Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand (FOB) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand (FOB) - 2024
The average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $352 per cubic meter in May 2024, waning by -3.6% against the previous month. Over the period under review, the export price recorded a mild setback. The pace of growth was the most pronounced in November 2023 when the average export price increased by 5.8% month-to-month. Over the period under review, the average export prices hit record highs at $409 per cubic meter in May 2023; however, from June 2023 to May 2024, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In May 2024, the countries with the highest prices were the United States ($438 per cubic meter) and Japan ($343 per cubic meter), while the average price for exports to China ($296 per cubic meter) and Vietnam ($307 per cubic meter) were amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-0.7%), while the prices for the other major destinations experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $893 per cubic meter, rising by 122% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($1,633 per cubic meter), while the price for South Africa ($146 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.3%), 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 New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of medium density fibreboard (MDF) of thickness from 5 to 9 mm, when their volume decreased by -5.2% to 75K cubic meters. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 74%. Over the period under review, the exports of attained the peak figure at 79K cubic meters in 2021, and then fell in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm totaled $32M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.8 | 5.7 | 7.5 | 8.6 | 8.1% |
| Indonesia | 1.0 | 1.1 | 1.4 | 2.0 | 26.0% |
| Vietnam | 1.3 | 1.3 | 1.5 | 1.7 | 9.4% |
| United States | 1.8 | 2.0 | 1.6 | 1.6 | -3.9% |
| China | 1.4 | 1.1 | 0.9 | 0.8 | -17.0% |
| Singapore | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
| Australia | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| India | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| South Korea | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 14.1 | 13.1 | 14.6 | 16.2 | 4.7% |
| Total | 27.3 | 25.5 | 28.8 | 32.0 | 5.4% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from New Zealand in 2022:
- Japan (19.1K cubic meters)
- Indonesia (5.2K cubic meters)
- Vietnam (4.3K cubic meters)
- United States (3.0K cubic meters)
- China (2.1K cubic meters)
- Singapore (1.1K cubic meters)
- South Korea (0.8K cubic meters)
- Australia (0.6K cubic meters)
- India (0.6K cubic meters)
- Taiwan (Chinese) (0.5K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand
In 2022, purchases abroad of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -45.1% to 6.4K cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 139%. As a result, imports reached the peak of 12K cubic meters, and then contracted remarkably in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm skyrocketed to $5.7M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 60%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,094 | 1,133 | 1,903 | 2,246 | 27.1% |
| Australia | 46.7 | 26.3 | 73.5 | 224 | 68.6% |
| Canada | 43.2 | 38.1 | 98.7 | 152 | 52.1% |
| China | 254 | 152 | 221 | 141 | -17.8% |
| South Africa | N/A | N/A | N/A | 29.6 | 0% |
| Others | 1,562 | 1,604 | 2,416 | 2,945 | 23.5% |
| Total | 3,000 | 2,953 | 4,712 | 5,737 | 24.1% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to New Zealand in 2022:
- Belgium (2.4K cubic meters)
- Canada (0.5K cubic meters)
- South Africa (0.2K cubic meters)
- Australia (0.1K cubic meters)
- China (0.1K cubic meters)
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