Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India (FOB) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India (CIF) - 2024
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $275 per cubic meter, reducing by -3.7% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 133% against the previous year. As a result, the export price reached the peak level of $2,063 per cubic meter. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($622 per cubic meter), while the average price for exports to the United Arab Emirates ($253 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 Nepal (-14.0%), while the prices for the other major destinations experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India (CIF) - 2024
In March 2024, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $316 per cubic meter, picking up by 12% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Portugal ($1,522 per cubic meter), while the price for Vietnam ($237 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 Thailand (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India
In 2022, approx. 98K cubic meters of medium density fibreboard (MDF) of thickness over 9 mm were exported from India; picking up by 27% compared with the year before. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 548%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm surged to $27M in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 73%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.5 | 8.7 | 14.8 | 22.2 | 43.6% |
| Egypt | N/A | N/A | 0.1 | 1.0 | 900.0% |
| Sri Lanka | 0.6 | 0.3 | 0.8 | 0.9 | 14.5% |
| Nepal | 0.4 | 0.3 | 0.6 | 0.6 | 14.5% |
| Qatar | 0.1 | 0.1 | 0.8 | 0.2 | 26.0% |
| Saudi Arabia | 0.6 | 1.6 | 2.1 | N/A | 87.1% |
| Others | 2.7 | 1.7 | 3.0 | 2.2 | -6.6% |
| Total | 11.9 | 12.8 | 22.2 | 27.1 | 31.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from India in 2022:
- United Arab Emirates (87.7K cubic meters)
- Sri Lanka (2.9K cubic meters)
- Egypt (1.6K cubic meters)
- Nepal (1.5K cubic meters)
- Qatar (0.7K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India
In 2022, after two years of decline, there was significant growth in supplies from abroad of medium density fibreboard (MDF) of thickness over 9 mm, when their volume increased by 77% to 50K cubic meters. Over the period under review, imports, however, faced a dramatic descent. Imports peaked at 104K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm skyrocketed to $19M in 2022. In general, imports, however, showed a abrupt descent. Imports peaked at $30M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 3.9 | 4.5 | 5.2 | 1.3% |
| Vietnam | 12.5 | 3.6 | 0.3 | 4.6 | -28.3% |
| Malaysia | 0.7 | 0.8 | 0.6 | 3.1 | 64.2% |
| Thailand | 1.8 | 1.1 | 0.7 | 1.4 | -8.0% |
| Sri Lanka | 1.7 | 1.2 | 1.3 | 0.8 | -22.2% |
| Brazil | 0.5 | 0.3 | N/A | 0.5 | 0.0% |
| Romania | 0.9 | 0.5 | 0.1 | 0.4 | -23.7% |
| New Zealand | 1.3 | 0.9 | 0.9 | 0.4 | -32.5% |
| Others | 5.6 | 2.6 | 3.0 | 2.5 | -23.6% |
| Total | 29.8 | 14.9 | 11.4 | 18.9 | -14.1% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to India in 2022:
- Malaysia (16.1K cubic meters)
- Vietnam (8.0K cubic meters)
- China (7.7K cubic meters)
- Thailand (6.5K cubic meters)
- Sri Lanka (2.8K cubic meters)
- New Zealand (2.3K cubic meters)
- Brazil (1.9K cubic meters)
- Romania (1.6K cubic meters)
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