Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand (FOB) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand (CIF) - 2024
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand (FOB) - 2024
In April 2024, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $347 per cubic meter, standing approximately at the previous month. Over the period under review, the export price recorded a mild contraction. The most prominent rate of growth was recorded in January 2024 when the average export price increased by 3.3% m-o-m. Over the period under review, the average export prices reached the maximum at $394 per cubic meter in August 2023; however, from September 2023 to April 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was Germany ($442 per cubic meter), while the average price for exports to China ($287 per cubic meter) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.6%), 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 New Zealand (CIF) - 2024
In April 2024, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $231 per cubic meter, which is down by -58.1% against the previous month. Overall, the import price saw a abrupt descent. The growth pace was the most rapid in March 2024 an increase of 54% against the previous month. Over the period under review, average import prices hit record highs at $908 per cubic meter in May 2023; however, from June 2023 to April 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Belgium ($2,051 per cubic meter), while the price for China ($116 per cubic meter) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced a decline.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand
In 2022, after three years of growth, there was decline in overseas shipments of medium density fibreboard (MDF) of thickness over 9 mm, when their volume decreased by -1.2% to 209K cubic meters. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports of medium density fibreboard (MDF) of thickness over 9 mm increased by +63.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 53%. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm hit record highs at 212K cubic meters in 2021, and then shrank slightly in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm expanded rapidly to $83M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 19.4 | 14.6 | 19.4 | 23.4 | 6.4% |
| United States | 2.2 | 2.1 | 2.6 | 4.6 | 27.9% |
| Philippines | 2.8 | 1.9 | 3.6 | 2.6 | -2.4% |
| Vietnam | 2.2 | 2.3 | 2.2 | 2.3 | 1.5% |
| Indonesia | 1.3 | 1.3 | 2.0 | 2.2 | 19.2% |
| Singapore | 1.7 | 1.1 | 1.8 | 2.0 | 5.6% |
| Canada | 1.9 | 0.7 | 0.7 | 1.0 | -19.3% |
| China | 2.3 | 1.9 | 1.0 | 1.0 | -24.2% |
| Others | 38.7 | 31.9 | 40.1 | 44.3 | 4.6% |
| Total | 72.4 | 57.7 | 73.4 | 83.3 | 4.8% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from New Zealand in 2022:
- Japan (56.5K cubic meters)
- United States (10.9K cubic meters)
- Vietnam (6.2K cubic meters)
- Philippines (5.9K cubic meters)
- Singapore (5.8K cubic meters)
- Indonesia (5.8K cubic meters)
- Canada (3.0K cubic meters)
- China (2.9K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand
In 2022, the amount of medium density fibreboard (MDF) of thickness over 9 mm imported into New Zealand reduced sharply to 11K cubic meters, waning by -15.6% against 2021. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports of medium density fibreboard (MDF) of thickness over 9 mm increased by +46.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of 13K cubic meters, and then declined rapidly in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm totaled $7.8M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports of medium density fibreboard (MDF) of thickness over 9 mm increased by +50.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 623 | 725 | 1,221 | 1,047 | 18.9% |
| China | 344 | 507 | 632 | 848 | 35.1% |
| Spain | 161 | 182 | 252 | 427 | 38.4% |
| Malaysia | 289 | 248 | 334 | 408 | 12.2% |
| Belgium | 431 | 324 | 417 | 395 | -2.9% |
| Germany | 98.9 | 99.4 | 128 | 265 | 38.9% |
| South Korea | 54.1 | 135 | 211 | 56.1 | 1.2% |
| Others | 3,382 | 2,998 | 4,601 | 4,392 | 9.1% |
| Total | 5,384 | 5,220 | 7,795 | 7,839 | 13.3% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to New Zealand in 2022:
- Australia (1.5K cubic meters)
- China (1.2K cubic meters)
- Belgium (0.7K cubic meters)
- Spain (0.7K cubic meters)
- Malaysia (0.5K cubic meters)
- Germany (0.5K cubic meters)
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