Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia (FOB) - 2024
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $479 per cubic meter in March 2024, with a decrease of -10.1% against the previous month. Over the period under review, the import price saw a mild setback. The most prominent rate of growth was recorded in December 2023 an increase of 32% m-o-m. As a result, import price reached the peak level of $667 per cubic meter. From January 2024 to March 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Latvia ($1,253 per cubic meter), while the price for Brazil ($307 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 Latvia (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia (FOB) - 2024
In March 2024, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $2,007 per cubic meter, stabilizing at the previous month. In general, the export price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in October 2023 an increase of 37% m-o-m. The export price peaked at $2,756 per cubic meter in March 2023; afterwards, it flattened through to March 2024.
Average prices varied noticeably for the major foreign markets. In March 2024, the country with the highest price was Sweden ($2,021 per cubic meter), while the average price for exports to Finland totaled $1,706 per cubic meter.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia
In 2022, overseas purchases of medium density fibreboard (MDF) of thickness over 9 mm decreased by -21.6% to 17K cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm hit record highs at 21K cubic meters in 2021, and then declined dramatically in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm declined slightly to $11M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. As a result, imports reached the peak of $12M, and then reduced modestly in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,379 | 1,277 | 1,511 | 2,873 | 27.7% |
| Belgium | 499 | 664 | 713 | 1,575 | 46.7% |
| Lithuania | 1,013 | 1,284 | 1,836 | 1,557 | 15.4% |
| Poland | 1,081 | 978 | 1,763 | 1,292 | 6.1% |
| Norway | 849 | 559 | 721 | 921 | 2.8% |
| Czech Republic | 121 | 27.3 | 596 | 710 | 80.4% |
| Latvia | 151 | 182 | 210 | 608 | 59.1% |
| Ukraine | N/A | 844 | 2,460 | 169 | -55.3% |
| Russia | 308 | 266 | 417 | N/A | 16.4% |
| Belarus | 419 | 695 | 621 | N/A | 21.7% |
| Others | 1,121 | 653 | 743 | 1,353 | 6.5% |
| Total | 6,942 | 7,429 | 11,591 | 11,058 | 16.8% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Estonia in 2022:
- Germany (5.2K cubic meters)
- Lithuania (2.8K cubic meters)
- Poland (2.3K cubic meters)
- Belgium (2.2K cubic meters)
- Czech Republic (1.2K cubic meters)
- Norway (0.8K cubic meters)
- Latvia (0.5K cubic meters)
- Ukraine (0.3K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia
In 2022, shipments abroad of medium density fibreboard (MDF) of thickness over 9 mm decreased by -14.3% to 1.7K cubic meters for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. The exports peaked at 1.9K cubic meters in 2021, and then shrank in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm totaled $3.5M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 871 | 2,413 | 3,164 | 3,198 | 54.3% |
| Finland | 67.8 | 78.2 | 13.5 | 122 | 21.6% |
| Norway | 57.2 | 28.7 | 69.0 | 28.8 | -20.4% |
| Others | 1,017 | 41.8 | 61.7 | 105 | -53.1% |
| Total | 2,013 | 2,561 | 3,308 | 3,454 | 19.7% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Estonia in 2022:
- Sweden (1510.0 cubic meters)
- Finland (62.0 cubic meters)
- Norway (9.0 cubic meters)
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