Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China (FOB) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China (FOB) - 2024
In May 2024, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $367 per cubic meter, with a decrease of -2.7% against the previous month. In general, the export price saw a mild descent. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 4.7% against the previous month. The export price peaked at $416 per cubic meter in December 2023; however, from January 2024 to May 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($779 per cubic meter), while the average price for exports to Vietnam ($219 per cubic meter) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $820 per cubic meter in 2022, almost unchanged from the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for medium density fibreboard (MDF) of thickness over 9 mm increased by +64.7% against 2014 indices. The most prominent rate of growth was recorded in 2021 an increase of 33%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,325 per cubic meter), while the price for Brazil ($366 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China
In 2022, the amount of medium density fibreboard (MDF) of thickness over 9 mm exported from China dropped to 1.7M cubic meters, declining by -7% compared with 2021. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three years. 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 +36.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports reached the peak of 1.8M cubic meters, and then shrank in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm reached $705M in 2022. The total export value increased at an average annual rate of +9.1% 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 when exports increased by 37% against the previous year. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 146 | 94.4 | 121 | 201 | 11.2% |
| United Arab Emirates | 43.3 | 39.3 | 55.2 | 75.3 | 20.3% |
| Canada | 60.0 | 64.7 | 65.6 | 58.3 | -1.0% |
| Mexico | 5.9 | 7.5 | 53.9 | 53.1 | 108.0% |
| Vietnam | 15.6 | 31.0 | 59.3 | 46.0 | 43.4% |
| Egypt | 15.5 | 23.2 | 29.4 | 35.1 | 31.3% |
| United Kingdom | 8.0 | 14.9 | 18.1 | 29.4 | 54.3% |
| Japan | 17.0 | 19.1 | 16.6 | 23.7 | 11.7% |
| Australia | 22.4 | 19.4 | 17.4 | 19.2 | -5.0% |
| Mongolia | 5.7 | 5.5 | 10.3 | 10.7 | 23.4% |
| Nigeria | 27.5 | 10.9 | 4.0 | 3.8 | -48.3% |
| Iran | 9.2 | 11.6 | 22.3 | N/A | 55.7% |
| Saudi Arabia | 31.7 | 24.4 | 46.4 | N/A | 21.0% |
| Others | 135 | 130 | 158 | 150 | 3.6% |
| Total | 543 | 496 | 677 | 705 | 9.1% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from China in 2022:
- United States (369.8K cubic meters)
- United Arab Emirates (304.0K cubic meters)
- Mexico (176.8K cubic meters)
- Canada (100.8K cubic meters)
- Vietnam (85.8K cubic meters)
- Egypt (65.6K cubic meters)
- United Kingdom (61.9K cubic meters)
- Mongolia (51.4K cubic meters)
- Australia (45.1K cubic meters)
- Japan (34.4K cubic meters)
- Nigeria (9.0K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China
In 2022, imports of medium density fibreboard (MDF) of thickness over 9 mm into China dropped sharply to 42K cubic meters, with a decrease of -30.8% against the year before. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm hit record highs at 64K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm reduced markedly to $34M in 2022. In general, imports saw a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of $49M, and then dropped sharply in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.4 | 7.3 | 15.4 | 9.0 | 12.0% |
| Brazil | 0.2 | 0.4 | 2.7 | 5.5 | 201.8% |
| Germany | 7.0 | 4.9 | 13.6 | 4.7 | -12.4% |
| Switzerland | 2.8 | 3.4 | 2.4 | 4.0 | 12.6% |
| New Zealand | 4.6 | 3.6 | 2.2 | 2.3 | -20.6% |
| Thailand | 0.8 | 0.2 | 0.9 | 1.2 | 14.5% |
| Australia | 5.6 | 6.5 | 2.3 | 0.8 | -47.7% |
| Others | 10.7 | 6.3 | 9.6 | 6.7 | -14.4% |
| Total | 38.1 | 32.6 | 49.1 | 34.1 | -3.6% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to China in 2022:
- Brazil (15.0K cubic meters)
- Spain (5.5K cubic meters)
- New Zealand (5.0K cubic meters)
- Germany (3.5K cubic meters)
- Switzerland (3.1K cubic meters)
- Thailand (2.7K cubic meters)
- Australia (1.5K cubic meters)
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