Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $2,882 per cubic meter, surging by 34% against the previous year. Over the period under review, the import price posted prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 210%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($25,485 per cubic meter), while the price for Malaysia ($533 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.0%), 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 Hong Kong SAR (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $1,511 per cubic meter in 2022, waning by -17.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 194%. As a result, the export price reached the peak level of $4,154 per cubic meter. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($6,288 per cubic meter), while the average price for exports to Suriname ($682 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 Iran (+57.4%), 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 Hong Kong SAR
In 2022, purchases abroad of medium density fibreboard (MDF) of thickness over 9 mm decreased by -8.2% to 347 cubic meters, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 33%. As a result, imports attained the peak of 1.1K cubic meters. From 2021 to 2022, the growth of imports of medium density fibreboard (MDF) of thickness over 9 mm remained at a somewhat lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm skyrocketed to $1,000K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 48.8 | 21.6 | 58.0 | 170 | 51.6% |
| New Zealand | 38.1 | 96.9 | 91.6 | 119 | 46.2% |
| Belgium | 260 | 147 | 226 | 57.3 | -39.6% |
| Spain | 16.4 | 23.9 | 42.5 | 55.0 | 49.7% |
| Netherlands | 18.5 | 23.8 | 21.9 | 36.7 | 25.7% |
| China | 67.0 | 52.1 | 19.7 | 29.5 | -23.9% |
| Australia | 6.6 | 23.1 | 30.0 | 19.9 | 44.5% |
| Norway | 17.1 | 12.4 | 10.4 | 16.2 | -1.8% |
| United States | 14.6 | 7.5 | 4.4 | 14.3 | -0.7% |
| Germany | 38.9 | 21.5 | 25.0 | 7.4 | -42.5% |
| Malaysia | 9.8 | 8.6 | 5.4 | 5.0 | -20.1% |
| Slovenia | 21.9 | 18.5 | 2.3 | 2.4 | -52.1% |
| Others | 429 | 331 | 274 | 467 | 2.9% |
| Total | 987 | 788 | 811 | 1,000 | 0.4% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Hong Kong SAR in 2022:
- New Zealand (160.0 cubic meters)
- Spain (27.0 cubic meters)
- Australia (22.0 cubic meters)
- China (14.0 cubic meters)
- Belgium (13.0 cubic meters)
- Netherlands (11.0 cubic meters)
- Malaysia (9.0 cubic meters)
- United States (8.0 cubic meters)
- Switzerland (7.0 cubic meters)
- Norway (5.0 cubic meters)
- Germany (2.0 cubic meters)
- Slovenia (1.0 cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR
Exports of medium density fibreboard (MDF) of thickness over 9 mm from Hong Kong SAR declined markedly to 44 cubic meters in 2022, dropping by -41.3% against the previous year's figure. Overall, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 275% against the previous year. The exports peaked at 178 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 dropped sharply to $66K in 2022. Over the period under review, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. The exports peaked at $251K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 23.9 | 15.8 | 21.1 | 14.1 | -16.1% |
| Israel | 6.7 | 3.4 | 10.7 | 9.8 | 13.5% |
| Canada | 5.3 | 9.1 | 17.8 | 3.1 | -16.4% |
| Lebanon | 7.7 | 3.6 | 4.6 | 2.9 | -27.8% |
| Suriname | 6.4 | 0.6 | 1.3 | 2.9 | -23.2% |
| Nigeria | 8.4 | 3.7 | 4.5 | 2.7 | -31.5% |
| Vietnam | 6.9 | 0.8 | 4.5 | 2.5 | -28.7% |
| China | 36.8 | 2.6 | 10.9 | 2.2 | -60.9% |
| Guyana | 3.3 | 1.3 | 1.5 | 0.8 | -37.6% |
| India | 16.0 | 6.3 | 6.9 | 0.8 | -63.2% |
| Kenya | 6.5 | 2.0 | 1.6 | 0.5 | -57.5% |
| Sri Lanka | 2.7 | 1.1 | 1.2 | 0.3 | -51.9% |
| Ghana | 4.0 | 0.9 | 0.6 | 0.1 | -70.8% |
| Others | 117 | 31.8 | 49.7 | 23.7 | -41.3% |
| Total | 251 | 83.1 | 137 | 66.5 | -35.8% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Hong Kong SAR in 2022:
- Mexico (13.0 cubic meters)
- Israel (6.0 cubic meters)
- Suriname (4.0 cubic meters)
- Lebanon (3.0 cubic meters)
- Nigeria (3.0 cubic meters)
- Canada (2.0 cubic meters)
- Vietnam (2.0 cubic meters)
- Ghana (1.0 cubic meters)
- Guyana (1.0 cubic meters)
- India (1.0 cubic meters)
- China (1.0 cubic meters)
- Sri Lanka (1.0 cubic meters)
- Kenya (1.0 cubic meters)
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