Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama (CIF) - 2024
In March 2024, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $561 per cubic meter, picking up by 16% against the previous month. Overall, the import price, however, saw a mild slump. The pace of growth was the most pronounced in December 2023 an increase of 42% against the previous month. As a result, import price attained the peak level of $729 per cubic meter. From January 2024 to March 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($955 per cubic meter), while the price for China ($397 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 Ecuador (+2.0%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $7,294 per cubic meter in 2022, rising by 2,088% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($18,304 per cubic meter), while the average price for exports to Bolivia ($789 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+41.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama
In 2022, imports of medium density fibreboard (MDF) of thickness over 9 mm into Panama rose slightly to 6.6K cubic meters, picking up by 4.7% on 2021. In general, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 113% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm surged to $5.1M in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 145% 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 Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 294 | 201 | 658 | 801 | 39.7% |
| Ecuador | 245 | 148 | 389 | 460 | 23.4% |
| Chile | 200 | 137 | 273 | 384 | 24.3% |
| Brazil | 207 | 89.6 | 217 | 201 | -1.0% |
| China | 69.5 | 25.3 | 121 | 193 | 40.6% |
| Turkey | 4.4 | 1.8 | 14.8 | 132 | 210.7% |
| India | 24.2 | 62.1 | 59.2 | 107 | 64.1% |
| Colombia | 155 | 29.3 | 30.6 | 31.5 | -41.2% |
| Others | 1,499 | 908 | 2,168 | 2,780 | 22.9% |
| Total | 2,698 | 1,602 | 3,932 | 5,090 | 23.6% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Panama in 2022:
- Spain (1231.0 cubic meters)
- Ecuador (612.0 cubic meters)
- Chile (556.0 cubic meters)
- China (320.0 cubic meters)
- Brazil (270.0 cubic meters)
- Turkey (102.0 cubic meters)
- India (71.0 cubic meters)
- Colombia (67.0 cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama
In 2022, shipments abroad of medium density fibreboard (MDF) of thickness over 9 mm decreased by -86.2% to 4 cubic meters, falling for the second year in a row after two years of growth. In general, exports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 207%. As a result, the exports attained the peak of 46 cubic meters. From 2021 to 2022, the growth of the exports of medium density fibreboard (MDF) of thickness over 9 mm failed to regain momentum.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm surged to $29K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 329% against the previous year. As a result, the exports reached the peak of $33K. From 2021 to 2022, the growth of the exports of medium density fibreboard (MDF) of thickness over 9 mm remained at a lower figure.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 1,328 | 5,831 | 2,797 | 8,007 | 82.0% |
| Belize | 324 | 2,190 | 1,320 | 6,564 | 172.6% |
| El Salvador | 122 | 1,971 | 985 | 2,935 | 188.7% |
| Colombia | 162 | 763 | 302 | 715 | 64.0% |
| Cuba | 201 | 717 | 280 | 652 | 48.0% |
| France | 52.0 | 220 | 102 | 280 | 75.3% |
| Brazil | 39.0 | 173 | 83.0 | 241 | 83.5% |
| Barbados | 166 | 396 | 103 | 160 | -1.2% |
| Chile | 173 | 174 | 64.0 | 138 | -7.3% |
| Costa Rica | 46.0 | 142 | 18.0 | 129 | 41.0% |
| Ecuador | 31.0 | 95.0 | 32.0 | 65.0 | 28.0% |
| Antigua and Barbuda | 8.0 | 27.0 | 10.0 | 23.0 | 42.2% |
| Bolivia | 5.0 | 16.0 | 6.0 | 12.0 | 33.9% |
| Others | 5,095 | 20,514 | 3,567 | 9,255 | 22.0% |
| Total | 7,752 | 33,229 | 9,669 | 29,176 | 55.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Panama in 2022:
- Brazil (1.0 cubic meters)
- Bolivia (1.0 cubic meters)
- Colombia (1.0 cubic meters)
- Cuba (1.0 cubic meters)
- El Salvador (1.0 cubic meters)
- Costa Rica (1.0 cubic meters)
- France (1.0 cubic meters)
- Antigua and Barbuda (1.0 cubic meters)
- Barbados (1.0 cubic meters)
- Chile (1.0 cubic meters)
- Dominican Republic (1.0 cubic meters)
- Belize (1.0 cubic meters)
- Ecuador (1.0 cubic meters)
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