Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand (FOB) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $326 per ton in 2022, with an increase of 5.3% against the previous year. In general, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 48%. As a result, the export price reached the peak level of $412 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cambodia ($376,633 per ton) and Vietnam ($357,173 per ton), while the average price for exports to Algeria ($264,341 per ton) and Turkey ($272,318 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+7.0%), 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 Thailand (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $1,129 per ton in 2022, surging by 35% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for medium density fibreboard (MDF) of thickness over 9 mm increased by +48.7% against 2020 indices. 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 Vietnam ($1,334,043 per ton), while the price for Italy ($800,536 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand
In 2022, shipments abroad of medium density fibreboard (MDF) of thickness over 9 mm decreased by -7.8% to 1.3M tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three-year period. 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 +75.5% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 71% against the previous year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm fell slightly to $430M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. 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 +38.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, the exports reached the peak of $443M, and then reduced slightly in the following year.
Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 81.4 | 89.6 | 150 | 152 | 23.1% |
Saudi Arabia | 72.3 | 85.9 | 82.0 | 110 | 15.0% |
Vietnam | 46.6 | 56.7 | 54.3 | 48.3 | 1.2% |
Egypt | 12.6 | 12.8 | 26.2 | 23.3 | 22.7% |
South Korea | 18.1 | 11.3 | 13.5 | 15.9 | -4.2% |
Israel | 10.2 | 6.5 | 17.2 | 15.1 | 14.0% |
Kuwait | 8.0 | 9.1 | 21.7 | 11.3 | 12.2% |
Cambodia | 4.0 | 3.4 | 7.7 | 10.2 | 36.6% |
Qatar | 8.6 | 2.4 | 6.4 | 9.3 | 2.6% |
Turkey | N/A | N/A | N/A | 8.5 | 0% |
Algeria | 1.8 | 1.6 | 4.3 | 7.5 | 60.9% |
Malaysia | 3.9 | 8.5 | 8.8 | 5.2 | 10.1% |
Taiwan (Chinese) | 6.2 | 8.6 | 12.5 | 4.0 | -13.6% |
Others | 35.9 | 26.0 | 38.6 | 9.5 | -35.8% |
Total | 309 | 323 | 443 | 430 | 11.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Thailand in 2022:
- United Arab Emirates (0.5K tons)
- Saudi Arabia (0.4K tons)
- Egypt (0.1K tons)
- Vietnam (0.1K tons)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand
In 2022, overseas purchases of medium density fibreboard (MDF) of thickness over 9 mm decreased by -9.2% to 3.6K tons, falling for the second year in a row after two years of growth. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 decreased by -13.5% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 59%. As a result, imports reached the peak of 4.2K tons. From 2021 to 2022, the growth of imports of medium density fibreboard (MDF) of thickness over 9 mm remained at a lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm surged to $4.1M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.0% 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 +95.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 52%. Over the period under review, imports of medium density fibreboard (MDF) of thickness over 9 mm reached the peak figure in 2022 and are likely to continue growth in the immediate term.
Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,340 | 1,996 | 2,326 | 2,673 | 25.9% |
Switzerland | 196 | 253 | 362 | 290 | 13.9% |
Italy | 13.8 | 50.1 | 301 | 255 | 164.4% |
Vietnam | 59.9 | 229 | 49.5 | 227 | 55.9% |
Germany | 131 | 189 | 117 | 73.2 | -17.6% |
Poland | 71.8 | 97.4 | 100 | 57.0 | -7.4% |
Australia | 103 | 98.7 | N/A | N/A | -4.2% |
Others | 179 | 270 | 92.8 | 519 | 42.6% |
Total | 2,095 | 3,184 | 3,349 | 4,095 | 25.0% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Thailand in 2022:
- China (2.9 tons)
- Italy (0.3 tons)
- Switzerland (0.3 tons)
- Vietnam (0.2 tons)
- Poland (0.1 tons)
- Germany (0.1 tons)
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The price of MDF in July 2023 was $243 per cubic meter (FOB, Thailand), showing a 2.1% increase compared to the previous month.
In April 2023, the fiberboard price stood at $51.6 per cubic meter (FOB, Thailand), rising by 2% against the previous month.
In June 2023, the Insulating Board price was $160 per cubic meter (FOB, Thailand), representing a 6% increase from the previous month.
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