Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $815 per cubic meter in 2022, increasing by 28% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 66%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Romania ($813 per cubic meter) and Indonesia ($813 per cubic meter), while the price for Italy ($813 per cubic meter) and Malaysia ($813 per cubic meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $771 per cubic meter in 2022, jumping by 18% against the previous year. Over the period under review, the export price saw a resilient expansion. The growth pace was the most rapid in 2020 an increase of 138% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($1,104 per cubic meter), while the average price for exports to Morocco ($219 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 Saudi Arabia (+16.1%), 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 Egypt
In 2022, imports of medium density fibreboard (MDF) of thickness over 9 mm into Egypt shrank to 218K cubic meters, with a decrease of -11.6% compared with the previous year's figure. Overall, imports continue to indicate a abrupt decrease. Imports peaked at 407K 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 expanded markedly to $178M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. 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 +58.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 25.5 | 24.3 | 32.1 | 50.5 | 25.6% |
| Indonesia | 6.1 | 13.6 | 12.1 | 13.8 | 31.3% |
| China | 6.9 | 8.0 | 13.6 | 10.9 | 16.5% |
| Turkey | 6.4 | 12.1 | 12.2 | 8.6 | 10.4% |
| Romania | 5.0 | 3.4 | 2.4 | 2.7 | -18.6% |
| Italy | 0.5 | 2.6 | 1.8 | 0.7 | 11.9% |
| Malaysia | 4.6 | 1.1 | 1.0 | 0.7 | -46.6% |
| Others | 57.1 | 67.1 | 82.4 | 90.2 | 16.5% |
| Total | 112 | 132 | 158 | 178 | 16.7% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Egypt in 2022:
- Thailand (62.0K cubic meters)
- Indonesia (17.0K cubic meters)
- China (13.4K cubic meters)
- Turkey (10.6K cubic meters)
- Romania (3.3K cubic meters)
- Malaysia (0.9K cubic meters)
- Italy (0.8K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt
In 2022, shipments abroad of medium density fibreboard (MDF) of thickness over 9 mm decreased by -42.7% to 815 cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 631%. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm attained the maximum at 1.4K cubic meters in 2021, and then dropped dramatically in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm shrank sharply to $629K in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,643%. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm attained the maximum at $928K in 2021, and then reduced dramatically in the following year.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 2.9 | 53.5 | 166 | 197 | 308.0% |
| Syrian Arab Republic | 2.1 | 126 | 170 | 131 | 296.6% |
| Palestine | 4.3 | 96.9 | 84.8 | 104 | 189.2% |
| Morocco | 5.4 | 58.1 | 64.4 | 40.5 | 95.7% |
| Libya | 5.3 | 47.9 | 35.3 | 37.3 | 91.6% |
| Jordan | 2.6 | 31.7 | 40.4 | 29.3 | 124.2% |
| Lebanon | 0.3 | 52.1 | 41.5 | 28.2 | 354.7% |
| Rwanda | 1.7 | 43.4 | 45.8 | 27.0 | 151.4% |
| Kenya | 11.9 | 111 | 76.6 | 14.0 | 5.6% |
| Saudi Arabia | N/A | 31.7 | 162 | N/A | 411.0% |
| Others | 2.9 | 32.3 | 40.1 | 20.4 | 91.6% |
| Total | 39.2 | 684 | 928 | 629 | 152.2% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Egypt in 2022:
- Morocco (184.0 cubic meters)
- Syrian Arab Republic (181.0 cubic meters)
- Sudan (178.0 cubic meters)
- Palestine (94.0 cubic meters)
- Jordan (42.0 cubic meters)
- Libya (40.0 cubic meters)
- Lebanon (31.0 cubic meters)
- Rwanda (30.0 cubic meters)
- Kenya (13.0 cubic meters)
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