Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada (FOB) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada (CIF) - 2024
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada (FOB) - 2024
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $527 per cubic meter in March 2024, approximately equating the previous month. Overall, the export price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in October 2023 when the average export price increased by 5.6% against the previous month. Over the period under review, the average export prices hit record highs at $645 per cubic meter in March 2023; however, from April 2023 to March 2024, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From March 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to -1.8% per month.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $4,987 per cubic meter in March 2024, increasing by 520% against the previous month. Over the period under review, the import price showed a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,339 per cubic meter), while the price for New Zealand ($422 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 the United States (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada
In 2022, the amount of medium density fibreboard (MDF) of thickness over 9 mm exported from Canada reduced modestly to 463K cubic meters, remaining constant against 2021. Overall, exports recorded a noticeable slump. The exports peaked at 501K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm surged to $342M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports of medium density fibreboard (MDF) of thickness over 9 mm increased by +70.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 196 | 195 | 248 | 336 | 19.7% |
| Iran | N/A | 2.8 | 5.3 | N/A | 89.3% |
| Others | 4.5 | 4.4 | 4.5 | 6.1 | 10.7% |
| Total | 200 | 202 | 258 | 342 | 19.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Canada in 2022:
- United States (456.4K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada
In 2022, approx. 263K cubic meters of medium density fibreboard (MDF) of thickness over 9 mm were imported into Canada; reducing by -28.9% against the previous year's figure. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports reached the peak of 369K cubic meters, and then contracted remarkably in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm dropped to $238M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. As a result, imports reached the peak of $255M, and then declined in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 55.3 | 41.6 | 54.5 | 56.2 | 0.5% |
| China | 46.1 | 49.8 | 68.4 | 48.7 | 1.8% |
| Turkey | 14.7 | 20.4 | 46.4 | 46.1 | 46.4% |
| Chile | 22.9 | 19.5 | 25.5 | 27.5 | 6.3% |
| Austria | 20.2 | 21.2 | 18.0 | 24.0 | 5.9% |
| Germany | 14.2 | 13.4 | 14.0 | 7.6 | -18.8% |
| Ecuador | N/A | 0.8 | 4.8 | 6.1 | 176.1% |
| New Zealand | 5.5 | 1.8 | 2.0 | 2.6 | -22.1% |
| Others | 16.2 | 13.3 | 21.2 | 19.2 | 5.8% |
| Total | 195 | 182 | 255 | 238 | 6.9% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Canada in 2022:
- United States (122.1K cubic meters)
- China (50.0K cubic meters)
- Turkey (37.0K cubic meters)
- Chile (14.0K cubic meters)
- Austria (12.8K cubic meters)
- Germany (4.8K cubic meters)
- New Zealand (4.8K cubic meters)
- Ecuador (4.8K cubic meters)
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