Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan (FOB) - 2023
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $2,834 per cubic meter, growing by 13% against the previous year. Over the period under review, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 585% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,701 per cubic meter), while the price for Vietnam ($725 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 (+36.7%), 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 Pakistan (FOB) - 2023
In December 2023, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $746 per cubic meter, leveling off at the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 4.2% against the previous month. Over the period under review, the average export prices hit record highs at $804 per cubic meter in July 2023; however, from August 2023 to December 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From December 2022 to December 2023, the rate of growth in terms of prices for Afghanistan amounted to -0.3% per month.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan
In 2022, the amount of medium density fibreboard (MDF) of thickness over 9 mm imported into Pakistan reduced sharply to 1.9K cubic meters, which is down by -43.5% on 2021. Overall, imports continue to indicate a dramatic descent. Imports peaked at 55K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm reduced dramatically to $5.4M in 2022. In general, imports faced a precipitous shrinkage. The smallest decline of -10.8% was in 2021. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm reached the peak figure at $15M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,073 | 301 | 481 | 1,111 | 1.2% |
| Thailand | 2,418 | 1,688 | 1,941 | 690 | -34.2% |
| Turkey | 380 | 356 | 214 | 314 | -6.2% |
| China | 566 | 372 | 305 | 292 | -19.8% |
| Sri Lanka | 2,779 | 1,917 | 1,242 | 254 | -55.0% |
| Others | 7,329 | 4,936 | 4,350 | 2,782 | -27.6% |
| Total | 14,546 | 9,570 | 8,533 | 5,444 | -27.9% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Pakistan in 2022:
- Malaysia (685.0 cubic meters)
- Thailand (420.0 cubic meters)
- Turkey (192.0 cubic meters)
- Sri Lanka (188.0 cubic meters)
- China (44.0 cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan
In 2022, overseas shipments of medium density fibreboard (MDF) of thickness over 9 mm increased by 17% to 3.1K cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep downturn. The exports peaked at 4.3K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm soared to $1.2M in 2022. Over the period under review, exports, however, recorded a noticeable reduction. The exports peaked at $1.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 659 | 567 | 479 | 547 | -6.0% |
| Uzbekistan | N/A | N/A | N/A | 39.6 | 0% |
| Others | 682 | 575 | 493 | 575 | -5.5% |
| Total | 1,341 | 1,142 | 971 | 1,161 | -4.7% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Pakistan in 2022:
- Afghanistan (1.5K cubic meters)
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