Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in South Korea - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in South Korea (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in South Korea (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in South Korea
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in South Korea
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in South Korea (CIF) - 2022
In December 2022, the average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $663 per cubic meter, dropping by -16.6% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 24% m-o-m. Over the period under review, average import prices reached the peak figure at $836 per cubic meter in September 2022; however, from October 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,295 per cubic meter), while the price for Thailand ($269 per cubic meter) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.0%), 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 South Korea (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $740 per cubic meter in 2022, increasing by 20% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -6.1% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $788 per cubic meter. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($2,403 per cubic meter), while the average price for exports to Australia ($390 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+9.6%), 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 South Korea
Imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm into South Korea dropped modestly to 30K cubic meters in 2022, falling by -1.6% on 2021. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of 30K cubic meters, and then dropped slightly in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm dropped to $17M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +58.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 70%. As a result, imports reached the peak of $18M, and then declined in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | 1.4 | 7.7 | 8.6 | 147.8% |
| China | 6.0 | 5.9 | 6.1 | 5.3 | -4.1% |
| Thailand | 1.0 | 1.0 | 1.3 | 1.6 | 17.0% |
| Belgium | 1.8 | 1.0 | 1.9 | 0.7 | -27.0% |
| Malaysia | 1.0 | 0.9 | 0.9 | 0.5 | -20.6% |
| Germany | 0.5 | N/A | 0.1 | N/A | -55.3% |
| Australia | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
| Total | 11.0 | 10.6 | 18.1 | 16.9 | 15.4% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to South Korea in 2022:
- Vietnam (12.1K cubic meters)
- China (9.5K cubic meters)
- Thailand (6.2K cubic meters)
- Malaysia (1.0K cubic meters)
- Belgium (0.6K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in South Korea
Exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm from South Korea rose sharply to 2.8K cubic meters in 2022, picking up by 7.9% on 2021. Overall, exports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 163%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm soared to $2.1M in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 105%. Over the period under review, the exports of attained the maximum 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 South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 747 | 441 | 891 | 1,055 | 12.2% |
| Mongolia | 18.2 | 28.2 | 125 | 428 | 186.5% |
| China | 44.3 | 31.9 | 442 | 226 | 72.1% |
| Kazakhstan | 33.6 | 29.9 | N/A | 125 | 54.9% |
| Taiwan (Chinese) | 51.0 | 5.0 | 39.3 | 42.1 | -6.2% |
| Vietnam | 38.0 | 27.3 | 9.2 | 11.2 | -33.5% |
| Others | 207 | 225 | 109 | 211 | 0.6% |
| Total | 1,139 | 788 | 1,615 | 2,098 | 22.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from South Korea in 2022:
- Japan (1864.0 cubic meters)
- Mongolia (339.0 cubic meters)
- China (253.0 cubic meters)
- Taiwan (Chinese) (93.0 cubic meters)
- Kazakhstan (52.0 cubic meters)
- Vietnam (16.0 cubic meters)
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