Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka - 2022

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka (CIF) - 2022
  2. Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka (FOB) - 2022
  3. Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka
  4. Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka

Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka (CIF) - 2022

The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $404 per cubic meter in 2022, surging by 5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $533 per cubic meter. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($865 per cubic meter), while the price for China ($377 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.2%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $248 per cubic meter, growing by 11% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The export price peaked at $347 per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($351 per cubic meter), while the average price for exports to Pakistan ($134 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 Qatar (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka

In 2022, imports of medium density fibreboard (MDF) of thickness over 9 mm into Sri Lanka fell sharply to 8.5K cubic meters, with a decrease of -51.7% against the previous year. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 289%. As a result, imports reached the peak of 18K cubic meters, and then reduced markedly in the following year.

In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm declined dramatically to $3.4M in 2022. Over the period under review, imports showed a slight shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 261%. As a result, imports reached the peak of $6.7M, and then contracted significantly in the following year.

Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India36614068558617.0%
Malaysia7194191,245547-8.7%
China5612771,185382-12.0%
Turkey37.429.190.511545.4%
Thailand71.812.27.445.2-14.3%
Others1,8409833,5051,757-1.5%
Total3,5961,8606,7183,432-1.5%

Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Sri Lanka in 2022:

  1. India (1.5K cubic meters)
  2. Malaysia (1.4K cubic meters)
  3. China (1.0K cubic meters)
  4. Turkey (0.1K cubic meters)
  5. Thailand (0.1K cubic meters)

Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Sri Lanka

Exports of medium density fibreboard (MDF) of thickness over 9 mm from Sri Lanka dropped sharply to 5.5K cubic meters in 2022, which is down by -69.7% against the previous year's figure. In general, exports faced a precipitous curtailment. The smallest decline of -3.4% was in 2021. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm attained the peak figure at 29K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm shrank notably to $1.4M in 2022. Overall, exports faced a precipitous descent. The smallest decline of -19.6% was in 2021. The exports peaked at $7.6M 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait457517514416-3.1%
India772529660265-30.0%
Pakistan2,3791,488962127-62.3%
Qatar88.695.590.770.0-7.6%
United Arab Emirates11616.826.026.1-39.2%
Oman18210650.219.4-52.6%
Others3,5992,2911,752444-50.2%
Total7,5945,0434,0561,367-43.5%

Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Sri Lanka in 2022:

  1. Kuwait (1239.0 cubic meters)
  2. Pakistan (943.0 cubic meters)
  3. India (938.0 cubic meters)
  4. Qatar (199.0 cubic meters)
  5. United Arab Emirates (101.0 cubic meters)
  6. Oman (62.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Medium density fibreboard (MDF), of a thickness exceeding 9 mm - Sri Lanka