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

Contents:

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

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

The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $352 per cubic meter in 2022, standing approx. at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 48%. Over the period under review, average import prices hit record highs at $582 per cubic meter in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($722 per cubic meter), while the price for India ($277 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.2%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $176 per cubic meter, declining by -5% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2016 when the average export price increased by 14%. Over the period under review, the average export prices attained the peak figure at $412 per cubic meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($417 per cubic meter), while the average price for exports to Egypt ($80 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 the United Arab Emirates (+10.7%), 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 Sri Lanka

In 2022, approx. 3.2K cubic meters of medium density fibreboard (MDF) of thickness from 5 to 9 mm were imported into Sri Lanka; waning by -64.6% against the year before. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 265%. As a result, imports reached the peak of 8.9K cubic meters, and then fell rapidly in the following year.

In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm fell notably to $1.1M in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 130% against the previous year. As a result, imports reached the peak of $3.2M, and then reduced remarkably in the following year.

Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China247169492197-7.3%
Malaysia333245545173-19.6%
India263183413101-27.3%
Thailand19.08.420.222.76.1%
Belgium37.618.241.919.6-19.5%
Others9387481,641596-14.0%
Total1,8381,3703,1531,109-15.5%

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

  1. China (521.0 cubic meters)
  2. Malaysia (506.0 cubic meters)
  3. India (365.0 cubic meters)
  4. Thailand (62.0 cubic meters)
  5. Belgium (27.0 cubic meters)

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

In 2022, overseas shipments of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -9.1% to 130 cubic meters, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 41%. As a result, the exports reached the peak of 685 cubic meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm declined to $23K in 2022. In general, exports saw a dramatic setback. The growth pace was the most rapid in 2020 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $141K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia31.037.512.212.2-26.7%
Egypt13.114.24.13.7-34.4%
India11.422.02.22.8-37.4%
Pakistan15.919.63.52.0-49.9%
Yemen2.93.31.00.9-32.3%
Jordan2.02.30.70.7-29.5%
Others27.942.12.60.6-72.2%
Total10414126.422.8-39.7%

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

  1. Egypt (46.0 cubic meters)
  2. Saudi Arabia (29.0 cubic meters)
  3. India (27.0 cubic meters)
  4. Pakistan (21.0 cubic meters)
  5. Jordan (4.0 cubic meters)
  6. Yemen (2.0 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 - Sri Lanka