Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan (CIF) - 2024
In March 2024, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $318 per cubic meter, falling by -11% against the previous month. Overall, the import price recorded a perceptible descent. The growth pace was the most rapid in January 2024 an increase of 17% m-o-m. Over the period under review, average import prices hit record highs at $400 per cubic meter in April 2023; however, from May 2023 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Turkey ($526 per cubic meter), while the price for Belarus ($257 per cubic meter) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Iran (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $2,188 per cubic meter, waning by -46.4% against the previous year. In general, the export price, however, posted a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 523% against the previous year. Over the period under review, the average export prices hit record highs at $4,084 per cubic meter in 2021, and then shrank notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($2,664 per cubic meter), while the average price for exports to Turkey totaled $1,631 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+91.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan
In 2022, the amount of medium density fibreboard (MDF) of thickness over 9 mm imported into Azerbaijan reduced slightly to 50K cubic meters, waning by -4.6% against the previous year. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, imports attained the peak of 52K cubic meters, and then declined modestly in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm fell to $23M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports of medium density fibreboard (MDF) of thickness over 9 mm increased by +77.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of $24M, and then dropped slightly in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.1 | 1.8 | 3.0 | 4.9 | 32.6% |
| Belarus | 2.6 | 2.1 | 3.6 | 3.0 | 4.9% |
| Turkey | 2.2 | 2.1 | 4.1 | 2.7 | 7.1% |
| China | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| Ukraine | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| Others | 7.9 | 6.8 | 12.7 | 12.1 | 15.3% |
| Total | 15.3 | 13.0 | 23.7 | 23.0 | 14.6% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Azerbaijan in 2022:
- Russia (11.4K cubic meters)
- Belarus (6.9K cubic meters)
- Turkey (4.9K cubic meters)
- China (0.6K cubic meters)
- Ukraine (0.1K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan
In 2022, exports of medium density fibreboard (mdf) of thickness over 9 mm from Azerbaijan skyrocketed to 32 cubic meters, with an increase of 967% compared with the previous year. Overall, exports, however, recorded a noticeable reduction. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm reached the peak figure at 42 cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm skyrocketed to $70K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 627% against the previous year. As a result, the exports reached the peak of $86K. From 2021 to 2022, the growth of the exports of medium density fibreboard (MDF) of thickness over 9 mm failed to regain momentum.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.2 | 25.6 | 8.0 | 39.9 | 97.2% |
| Iran | 2.6 | 7.8 | 1.9 | 7.6 | 43.0% |
| Georgia | 2.1 | 13.8 | 1.2 | N/A | -24.4% |
| Others | 2.1 | 39.3 | 1.2 | 22.5 | 120.5% |
| Total | 11.9 | 86.5 | 12.3 | 70.0 | 80.5% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Azerbaijan in 2022:
- Turkey (24.0 cubic meters)
- Iran (3.0 cubic meters)
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