Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico (FOB) - 2024
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $396 per cubic meter in March 2024, rising by 21% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $453 per cubic meter in May 2023; however, from June 2023 to March 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($685 per cubic meter), while the price for China ($291 per cubic meter) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Chile (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico (FOB) - 2024
In March 2024, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $569 per cubic meter, dropping by -4.8% against the previous month. Over the period under review, export price indicated a remarkable increase from April 2023 to March 2024: its price increased at an average monthly rate of +5.5% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for medium density fibreboard (MDF) of thickness over 9 mm increased by +1.1% against January 2024 indices. The pace of growth appeared the most rapid in May 2023 an increase of 125% m-o-m. As a result, the export price reached the peak level of $706 per cubic meter. From June 2023 to March 2024, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From April 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to +5.5% per month.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico
In 2022, approx. 239K cubic meters of medium density fibreboard (MDF) of thickness over 9 mm were imported into Mexico; shrinking by -25.3% against the year before. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 116% against the previous year. As a result, imports attained the peak of 320K cubic meters, and then reduced notably in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm shrank sharply to $96M in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 111%. As a result, imports attained the peak of $116M, and then fell rapidly in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 2.8 | 24.5 | 18.8 | 93.4% |
| United States | 6.8 | 5.0 | 9.9 | 10.0 | 13.7% |
| Chile | 9.9 | 7.7 | 8.2 | 9.3 | -2.1% |
| Brazil | 12.0 | 6.4 | 9.1 | 3.8 | -31.8% |
| Canada | 0.8 | 1.7 | 1.6 | 2.5 | 46.2% |
| Spain | 1.4 | 1.2 | 1.2 | 1.0 | -10.6% |
| Others | 41.0 | 30.2 | 61.7 | 50.8 | 7.4% |
| Total | 74.6 | 55.1 | 116 | 96.2 | 8.8% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Mexico in 2022:
- China (63.2K cubic meters)
- Chile (19.3K cubic meters)
- United States (16.9K cubic meters)
- Brazil (10.8K cubic meters)
- Canada (3.8K cubic meters)
- Spain (0.8K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Mexico
In 2022, approx. 57K cubic meters of medium density fibreboard (MDF) of thickness over 9 mm were exported from Mexico; rising by 91% against 2021. Overall, exports enjoyed significant growth. As a result, the exports reached 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 $36M in 2022. In general, exports enjoyed a significant expansion. 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 Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.4 | 4.0 | 5.9 | 17.5 | 58.4% |
| Honduras | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 4.6 | 4.1 | 6.1 | 18.2 | 58.2% |
| Total | 9.1 | 8.2 | 12.1 | 35.7 | 57.7% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Mexico in 2022:
- United States (27.8K cubic meters)
- Honduras (0.4K cubic meters)
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