Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia (FOB) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia (FOB) - 2024
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $301 per cubic meter in April 2024, waning by -3.5% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 10% m-o-m. As a result, the export price reached the peak level of $326 per cubic meter. From July 2023 to April 2024, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was Australia ($505 per cubic meter), while the average price for exports to Yemen ($188 per cubic meter) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $297 per cubic meter in 2022, surging by 32% against the previous year. Overall, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 130% against the previous year. Over the period under review, average import prices attained the peak figure at $590 per cubic meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($656 per cubic meter), while the price for Thailand ($157 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia
In 2022, overseas shipments of medium density fibreboard (MDF) of thickness over 9 mm were finally on the rise to reach 133K cubic meters after two years of decline. Overall, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm attained the peak figure at 184K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm surged to $46M in 2022. Over the period under review, exports, however, saw a noticeable contraction. The exports peaked at $50M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 6.3 | 5.5 | 7.3 | 11.7 | 22.9% |
| Australia | 6.7 | 4.9 | 5.4 | 11.0 | 18.0% |
| Japan | 3.6 | 2.4 | 3.2 | 5.2 | 13.0% |
| United Arab Emirates | 7.8 | 3.4 | 0.9 | 5.0 | -13.8% |
| India | 3.3 | 1.6 | 1.6 | 4.3 | 9.2% |
| Pakistan | 1.2 | 0.3 | 0.5 | 1.7 | 12.3% |
| Egypt | 4.9 | 1.0 | N/A | 1.5 | -32.6% |
| Sri Lanka | 1.1 | 0.8 | 1.2 | 0.9 | -6.5% |
| Indonesia | 1.6 | 1.1 | 1.6 | 0.8 | -20.6% |
| Oman | 1.0 | 0.9 | 0.7 | 0.7 | -11.2% |
| Bahrain | 0.7 | 0.4 | 0.1 | 0.3 | -24.6% |
| Kuwait | 1.9 | 1.2 | 0.1 | 0.1 | -62.5% |
| Saudi Arabia | 2.3 | 0.7 | 0.2 | N/A | -70.5% |
| Others | 7.1 | 2.8 | 1.7 | 2.9 | -25.8% |
| Total | 49.6 | 27.0 | 24.4 | 46.0 | -2.5% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Malaysia in 2022:
- Philippines (29.2K cubic meters)
- Australia (24.2K cubic meters)
- United Arab Emirates (23.5K cubic meters)
- India (20.5K cubic meters)
- Japan (10.1K cubic meters)
- Pakistan (4.8K cubic meters)
- Sri Lanka (3.6K cubic meters)
- Egypt (3.1K cubic meters)
- Indonesia (2.4K cubic meters)
- Oman (1.6K cubic meters)
- Bahrain (1.0K cubic meters)
- Kuwait (0.2K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia
In 2022, approx. 39K cubic meters of medium density fibreboard (MDF) of thickness over 9 mm were imported into Malaysia; declining by -45.1% on the year before. Over the period under review, imports saw a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked at 107K 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 fell remarkably to $12M in 2022. Overall, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Imports peaked at $16M in 2021, and then reduced notably in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.2 | 4.9 | 5.5 | 5.8 | -2.2% |
| Thailand | 2.8 | 7.8 | 8.8 | 3.5 | 7.7% |
| Vietnam | 0.2 | 0.1 | 0.2 | 0.7 | 51.8% |
| Indonesia | 0.7 | 0.1 | 0.5 | 0.6 | -5.0% |
| New Zealand | 0.5 | 0.6 | 0.9 | 0.6 | 6.3% |
| United Arab Emirates | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.2 | 0.7 | 0.3 | 0.2 | 0.0% |
| Total | 10.6 | 14.1 | 16.1 | 11.7 | 3.3% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Malaysia in 2022:
- Thailand (22.3K cubic meters)
- China (8.9K cubic meters)
- New Zealand (2.6K cubic meters)
- Indonesia (2.5K cubic meters)
- Vietnam (1.4K cubic meters)
- United Arab Emirates (1.1K cubic meters)
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