Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $766 per cubic meter in 2022, rising by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($1,202 per cubic meter), while the price for Thailand ($316 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.8%), 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 Singapore (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $711 per cubic meter in 2022, with an increase of 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($1,529 per cubic meter), while the average price for exports to Oman ($269 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 Bahrain (+12.4%), 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 Singapore
In 2022, supplies from abroad of medium density fibreboard (MDF) of thickness over 9 mm increased by 2.3% to 1.8K cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt setback. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm attained the peak figure at 3.1K 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 skyrocketed to $1.4M in 2022. In general, imports, however, saw a deep downturn. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm attained the peak figure at $1.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 257 | 286 | 226 | 249 | -1.0% |
| China | 201 | 51.4 | 129 | 191 | -1.7% |
| New Zealand | 63.4 | 4.8 | 65.1 | 136 | 29.0% |
| India | 35.9 | 38.6 | 43.7 | 51.2 | 12.6% |
| Italy | 52.5 | 56.7 | 39.1 | 47.3 | -3.4% |
| Malaysia | 44.4 | 24.5 | 34.3 | 32.4 | -10.0% |
| Belgium | 15.4 | 18.0 | 14.8 | 29.7 | 24.5% |
| France | 36.2 | 50.4 | 46.8 | 23.6 | -13.3% |
| Argentina | 22.6 | 26.0 | 23.3 | 22.8 | 0.3% |
| Others | 917 | 772 | 475 | 583 | -14.0% |
| Total | 1,646 | 1,328 | 1,098 | 1,365 | -6.0% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Singapore in 2022:
- Thailand (787.0 cubic meters)
- China (169.0 cubic meters)
- New Zealand (120.0 cubic meters)
- India (45.0 cubic meters)
- Italy (42.0 cubic meters)
- Malaysia (29.0 cubic meters)
- Belgium (26.0 cubic meters)
- Argentina (25.0 cubic meters)
- France (21.0 cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore
Exports of medium density fibreboard (MDF) of thickness over 9 mm from Singapore plummeted to 185 cubic meters in 2022, dropping by -36.9% compared with the previous year's figure. Overall, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 30%. The exports peaked at 361 cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm contracted significantly to $132K in 2022. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. The exports peaked at $204K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 98.4 | 58.0 | 74.0 | 55.2 | -17.5% |
| India | 1.2 | 4.0 | 9.3 | 12.2 | 116.6% |
| Oman | 11.7 | 8.3 | 12.6 | 11.2 | -1.4% |
| United Arab Emirates | 1.6 | 2.8 | 5.9 | 8.8 | 76.5% |
| Bahrain | 13.5 | 8.3 | 11.1 | 8.7 | -13.6% |
| Indonesia | 6.3 | 2.7 | 7.6 | 4.0 | -14.1% |
| New Zealand | 3.5 | 2.3 | 3.2 | 2.6 | -9.4% |
| Mauritius | 3.8 | 2.2 | 2.8 | 2.1 | -17.9% |
| Malaysia | 5.2 | 3.3 | 6.5 | 0.8 | -46.4% |
| Others | 59.0 | 25.5 | 36.4 | 25.9 | -24.0% |
| Total | 204 | 117 | 169 | 132 | -13.5% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Singapore in 2022:
- Kuwait (60.0 cubic meters)
- Oman (42.0 cubic meters)
- India (24.0 cubic meters)
- United Arab Emirates (16.0 cubic meters)
- Bahrain (6.0 cubic meters)
- Indonesia (4.0 cubic meters)
- Mauritius (4.0 cubic meters)
- New Zealand (3.0 cubic meters)
- Malaysia (1.0 cubic meters)
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