Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal (FOB) - 2024
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $665 per cubic meter in March 2024, falling by -25.7% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 20% m-o-m. The import price peaked at $999 per cubic meter in August 2023; however, from September 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Germany ($899 per cubic meter), while the price for France ($207 per cubic meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Brazil (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal (FOB) - 2024
The average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $353 per cubic meter in March 2024, waning by -3.5% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 33% month-to-month. Over the period under review, the average export prices reached the peak figure at $619 per cubic meter in May 2023; however, from June 2023 to March 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,451 per cubic meter), while the average price for exports to Spain ($289 per cubic meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal
In 2022, approx. 48K cubic meters of medium density fibreboard (MDF) of thickness from 5 to 9 mm were imported into Portugal; which is down by -25% against 2021 figures. Over the period under review, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of 64K cubic meters, and then declined rapidly in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm declined to $37M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of $40M, and then declined in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 16.4 | 13.9 | 21.7 | 17.2 | 1.6% |
| Germany | 9.3 | 8.7 | 11.4 | 13.4 | 12.9% |
| Switzerland | N/A | 3.1 | 4.9 | 5.1 | 28.3% |
| Brazil | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Belgium | 2.0 | 1.1 | 1.4 | 0.2 | -53.6% |
| Others | 0.3 | 0.3 | 0.7 | 0.5 | 18.6% |
| Total | 28.1 | 27.1 | 40.2 | 36.6 | 9.2% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to Portugal in 2022:
- Spain (25.9K cubic meters)
- Germany (14.7K cubic meters)
- Switzerland (5.5K cubic meters)
- Brazil (0.8K cubic meters)
- Belgium (0.1K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal
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 -17.5% to 18K cubic meters. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 62% against the previous year. As a result, the exports attained the peak of 21K cubic meters, and then declined significantly in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm dropped modestly to $9.3M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 87% against the previous year. As a result, the exports attained the peak of $9.6M, and then contracted in the following year.
| Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,620 | 1,132 | 2,296 | 2,509 | 15.7% |
| Morocco | 1,507 | 999 | 2,705 | 2,157 | 12.7% |
| France | 259 | 165 | 107 | 866 | 49.5% |
| Germany | 232 | 644 | 755 | 842 | 53.7% |
| Cabo Verde | 410 | 288 | 743 | 653 | 16.8% |
| United Kingdom | 101 | 266 | 270 | 292 | 42.5% |
| Israel | 105 | 87.5 | 257 | 252 | 33.9% |
| Angola | 207 | 239 | 377 | 191 | -2.6% |
| Netherlands | 8.5 | 98.4 | 132 | 130 | 148.2% |
| Others | 662 | 1,198 | 1,937 | 1,438 | 29.5% |
| Total | 5,111 | 5,117 | 9,579 | 9,330 | 22.2% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from Portugal in 2022:
- Spain (5.6K cubic meters)
- Morocco (3.9K cubic meters)
- Netherlands (1.8K cubic meters)
- France (1.5K cubic meters)
- Cabo Verde (1.4K cubic meters)
- United Kingdom (0.7K cubic meters)
- Germany (0.6K cubic meters)
- Israel (0.4K cubic meters)
- Angola (0.4K cubic meters)
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