Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia (FOB) - 2024
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $505 per cubic meter in April 2024, waning by -2.8% against the previous month. Over the period under review, the import price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in December 2023 an increase of 5.5% month-to-month. Over the period under review, average import prices reached the maximum at $617 per cubic meter in April 2023; however, from May 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 Germany ($738 per cubic meter), while the price for Bulgaria ($362 per cubic meter) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Ukraine (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia (FOB) - 2024
In April 2024, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $769 per cubic meter, with an increase of 9.3% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average export price increased by 20% m-o-m. As a result, the export price attained the peak level of $930 per cubic meter. From September 2023 to April 2024, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($1,128 per cubic meter), while the average price for exports to Montenegro ($680 per cubic meter) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+13.5%), 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 Serbia
In 2022, after three years of growth, there was significant decline in purchases abroad of medium density fibreboard (MDF) of thickness over 9 mm, when their volume decreased by -8.1% to 65K cubic meters. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of 70K cubic meters, and then dropped in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm expanded remarkably to $40M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +70.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 4.1 | 4.4 | 5.7 | 6.7 | 17.8% |
Russia | 2.3 | 2.7 | 3.4 | 2.9 | 8.0% |
Turkey | 1.5 | 1.5 | 2.5 | 2.4 | 17.0% |
Germany | 0.5 | 0.6 | 0.9 | 1.4 | 40.9% |
Greece | 0.5 | 0.5 | 0.9 | 1.1 | 30.1% |
Slovenia | 0.4 | 0.4 | 0.6 | 0.8 | 26.0% |
Ukraine | 0.4 | 0.5 | 0.6 | 0.7 | 20.5% |
Others | 14.0 | 15.5 | 21.9 | 24.4 | 20.3% |
Total | 23.7 | 26.0 | 36.5 | 40.4 | 19.5% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Serbia in 2022:
- Romania (13.1K cubic meters)
- Russia (4.2K cubic meters)
- Turkey (3.5K cubic meters)
- Germany (1.6K cubic meters)
- Slovenia (1.5K cubic meters)
- Ukraine (1.4K cubic meters)
- Greece (1.2K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia
In 2022, after three years of growth, there was significant decline in overseas shipments of medium density fibreboard (MDF) of thickness over 9 mm, when their volume decreased by -11.5% to 7.7K cubic meters. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm hit record highs at 8.7K cubic meters in 2021, and then declined in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm declined to $6.4M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $6.7M, and then declined in the following year.
Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Montenegro | 605 | 653 | 977 | 1,014 | 18.8% |
Bosnia and Herzegovina | 463 | 612 | 838 | 811 | 20.5% |
Romania | 49.7 | 241 | 277 | 149 | 44.2% |
Croatia | 177 | 154 | 132 | 113 | -13.9% |
North Macedonia | 189 | 118 | 177 | 75.7 | -26.3% |
Albania | 83.1 | 103 | 62.1 | 41.3 | -20.8% |
Uzbekistan | 262 | N/A | N/A | N/A | 0% |
Others | 2,549 | 3,240 | 4,256 | 4,170 | 17.8% |
Total | 4,377 | 5,121 | 6,719 | 6,376 | 13.4% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Serbia in 2022:
- Montenegro (1.3K cubic meters)
- Bosnia and Herzegovina (1.0K cubic meters)
- Romania (0.2K cubic meters)
- Albania (0.1K cubic meters)
- North Macedonia (0.1K cubic meters)
- Croatia (0.1K cubic meters)
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