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

Contents:

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

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

The average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $710 per cubic meter in 2022, increasing by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($720 per cubic meter), while the average price for exports to New Zealand totaled $239 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%).

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

The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $361 per cubic meter in 2022, jumping by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2018 an increase of 25%. The import price peaked at $451 per cubic meter in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($408 per cubic meter) and the United States ($366 per cubic meter), while the price for Germany ($345 per cubic meter) and Belgium ($345 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -3.6% to 23K cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 100% against the previous year. As a result, the exports reached the peak of 24K cubic meters, and then reduced slightly in the following year.

In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm surged to $17M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.47.914.016.430.4%
New ZealandN/AN/A0.10.10.0%
OthersN/AN/AN/AN/A0%
Total7.58.014.216.530.1%

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

  1. United States (22.8K cubic meters)
  2. New Zealand (0.4K cubic meters)

Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Vietnam

After three years of growth, purchases abroad of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -41.9% to 39K cubic meters in 2022. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 34%. Imports peaked at 68K cubic meters in 2021, and then shrank rapidly in the following year.

In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm declined markedly to $14M in 2022. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $20M, and then fell significantly in the following year.

Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.13.52.92.7-19.1%
Germany3.52.54.02.7-8.3%
Belgium1.10.81.82.124.1%
Turkey1.34.65.52.015.4%
Austria2.72.21.41.6-16.0%
China1.41.11.51.1-7.7%
Switzerland0.80.91.50.80.0%
Argentina0.20.20.80.314.5%
Others1.00.61.00.8-7.2%
Total17.316.520.314.3-6.2%

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

  1. Germany (7.8K cubic meters)
  2. United States (7.4K cubic meters)
  3. Belgium (6.2K cubic meters)
  4. Turkey (5.8K cubic meters)
  5. Austria (4.0K cubic meters)
  6. China (3.1K cubic meters)
  7. Switzerland (2.4K cubic meters)
  8. Argentina (0.7K 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 - Vietnam