Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal (FOB) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal (CIF) - 2024
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $547 per cubic meter in 2022, surging by 30% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for medium density fibreboard (MDF) of thickness over 9 mm increased by +54.2% against 2019 indices. As a result, the export price reached 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 Tunisia ($1,231 per cubic meter), while the average price for exports to Poland ($466 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 Tunisia (+15.5%), 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 Portugal (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $478 per cubic meter in March 2024, picking up by 9.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average import price increased by 18% m-o-m. The import price peaked at $577 per cubic meter in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Turkey ($992 per cubic meter), while the price for Brazil ($301 per cubic meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal
After three years of growth, overseas shipments of medium density fibreboard (MDF) of thickness over 9 mm decreased by -8.4% to 249K cubic meters in 2022. The total export volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, the exports reached the peak of 271K cubic meters, and then dropped in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm soared to $136M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 +71.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm reached the maximum in 2022 and are likely to continue growth in years to come.
Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 28.3 | 26.6 | 43.1 | 53.8 | 23.9% |
Netherlands | 11.0 | 12.2 | 11.9 | 16.7 | 14.9% |
France | 7.7 | 9.4 | 10.7 | 12.7 | 18.2% |
United Kingdom | 5.4 | 4.8 | 8.4 | 11.8 | 29.8% |
Ireland | 4.5 | 5.5 | 7.8 | 9.3 | 27.4% |
Italy | 2.3 | 2.4 | 3.8 | 5.9 | 36.9% |
Germany | 5.0 | 6.6 | 7.7 | 5.9 | 5.7% |
Morocco | 3.3 | 4.3 | 5.5 | 5.3 | 17.1% |
Israel | 4.3 | 4.2 | 5.8 | 3.8 | -4.0% |
Others | 7.4 | 9.5 | 9.0 | 10.6 | 12.7% |
Total | 79.1 | 85.7 | 114 | 136 | 19.8% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Portugal in 2022:
- Spain (110.6K cubic meters)
- Netherlands (34.4K cubic meters)
- France (23.4K cubic meters)
- United Kingdom (17.4K cubic meters)
- Ireland (15.9K cubic meters)
- Italy (9.9K cubic meters)
- Germany (9.9K cubic meters)
- Morocco (9.4K cubic meters)
- Israel (5.4K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal
Imports of medium density fibreboard (MDF) of thickness over 9 mm into Portugal amounted to 133K cubic meters in 2022, rising by 13% compared with 2021. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm skyrocketed to $74M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. 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 +76.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 35.2 | 31.4 | 41.7 | 60.4 | 19.7% |
Brazil | 0.1 | 0.2 | 2.0 | 4.3 | 250.3% |
Germany | 4.9 | 5.6 | 4.2 | 3.7 | -8.9% |
Others | 5.1 | 4.9 | 5.7 | 5.9 | 5.0% |
Total | 45.3 | 42.1 | 53.6 | 74.2 | 17.9% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Portugal in 2022:
- Spain (109.1K cubic meters)
- Brazil (14.5K cubic meters)
- Germany (3.6K cubic meters)
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