Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia (FOB) - 2024
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia (CIF) - 2024
In March 2024, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $644 per cubic meter, growing by 16% against the previous month. In general, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in December 2023 an increase of 31% against the previous month. The import price peaked at $838 per cubic meter in June 2023; however, from July 2023 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Ukraine ($2,656 per cubic meter), while the price for Germany ($467 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 Ukraine (+14.1%), 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 Latvia (FOB) - 2024
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $977 per cubic meter in March 2024, with a decrease of -2.7% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 19% m-o-m. The export price peaked at $1,139 per cubic meter in November 2023; however, from December 2023 to March 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($1,611 per cubic meter), while the average price for exports to Lithuania ($919 per cubic meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia
For the fourth consecutive year, Latvia recorded growth in overseas purchases of medium density fibreboard (MDF) of thickness over 9 mm, which increased by 14% to 14K cubic meters in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm soared to $11M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 535 | 1,186 | 1,656 | 3,376 | 84.8% |
| Germany | 311 | 611 | 1,076 | 2,454 | 99.1% |
| Lithuania | 172 | 876 | 1,658 | 1,564 | 108.7% |
| Belgium | 54.6 | 226 | 326 | 1,206 | 180.6% |
| Croatia | 102 | 407 | 881 | 707 | 90.7% |
| Turkey | 146 | 292 | 470 | 564 | 56.9% |
| Russia | 299 | 683 | 877 | 317 | 2.0% |
| Belarus | 214 | 460 | 637 | 129 | -15.5% |
| Others | 2,670 | 529 | 1,258 | 989 | -28.2% |
| Total | 4,504 | 5,269 | 8,839 | 11,305 | 35.9% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Latvia in 2022:
- Poland (4.2K cubic meters)
- Germany (3.2K cubic meters)
- Lithuania (2.8K cubic meters)
- Belgium (1.4K cubic meters)
- Russia (0.6K cubic meters)
- Turkey (0.5K cubic meters)
- Croatia (0.3K cubic meters)
- Belarus (0.1K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia
In 2022, approx. 2.3K cubic meters of medium density fibreboard (MDF) of thickness over 9 mm were exported from Latvia; picking up by 66% compared with 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm surged to $2.5M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 194 | 491 | 386 | 1,357 | 91.2% |
| Estonia | 93.1 | 228 | 326 | 700 | 95.9% |
| Russia | 105 | 149 | 363 | 158 | 14.6% |
| Sweden | N/A | N/A | N/A | 114 | 0% |
| Kazakhstan | N/A | N/A | N/A | 57.2 | 0% |
| Denmark | 104 | 112 | 90.2 | 39.8 | -27.4% |
| United Kingdom | N/A | N/A | 65.5 | N/A | 0% |
| Others | 525 | 50.8 | 114 | 25.9 | -63.3% |
| Total | 1,023 | 1,031 | 1,344 | 2,452 | 33.8% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Latvia in 2022:
- Lithuania (1215.0 cubic meters)
- Estonia (693.0 cubic meters)
- Russia (187.0 cubic meters)
- Kazakhstan (73.0 cubic meters)
- Denmark (44.0 cubic meters)
- Sweden (41.0 cubic meters)
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