Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $297 per cubic meter, growing by 1.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 18%. As a result, import price attained the peak level of $353 per cubic meter. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($563 per cubic meter), while the price for China ($268 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness over 9 mm stood at $710 per cubic meter in 2022, picking up by 23% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 China ($4,019 per cubic meter), while the average price for exports to Cambodia ($224 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 China (+25.4%), 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 Vietnam
In 2022, purchases abroad of medium density fibreboard (MDF) of thickness over 9 mm decreased by -2.9% to 320K cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% 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 -5.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year. As a result, imports reached the peak of 339K cubic meters. From 2021 to 2022, the growth of imports of medium density fibreboard (MDF) of thickness over 9 mm remained at a somewhat lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm reduced modestly to $95M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of $97M. From 2021 to 2022, the growth of imports of medium density fibreboard (MDF) of thickness over 9 mm remained at a lower figure.
Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 46.6 | 63.4 | 42.6 | 46.7 | 0.1% |
China | 13.5 | 22.7 | 46.5 | 40.8 | 44.6% |
New Zealand | 4.3 | 5.2 | 3.6 | 4.5 | 1.5% |
Others | 7.8 | 5.8 | 3.4 | 3.1 | -26.5% |
Total | 72.2 | 97.1 | 96.1 | 95.2 | 9.7% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Vietnam in 2022:
- China (152.4K cubic meters)
- Thailand (152.1K cubic meters)
- New Zealand (12.3K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam
In 2022, approx. 31K cubic meters of medium density fibreboard (MDF) of thickness over 9 mm were exported from Vietnam; with a decrease of -13.8% on the previous year. Over the period under review, exports faced a abrupt decrease. The smallest decline of -4.5% was in 2020. The exports peaked at 50K 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 stood at $22M in 2022. Overall, exports continue to indicate a deep setback. The exports peaked at $30M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.3 | 19.8 | 15.2 | 15.0 | 41.5% |
India | 16.7 | 3.3 | 0.3 | 2.4 | -47.6% |
Indonesia | 0.9 | 0.5 | 0.9 | 0.7 | -8.0% |
Japan | 0.7 | 1.2 | 0.6 | 0.7 | 0.0% |
Taiwan (Chinese) | 0.1 | 0.1 | 0.5 | 0.5 | 71.0% |
Kuwait | 0.8 | 0.6 | 1.0 | 0.5 | -14.5% |
Malaysia | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
Cambodia | N/A | N/A | 0.1 | 0.2 | 100.0% |
China | 0.8 | 0.3 | N/A | N/A | -62.5% |
Saudi Arabia | 2.0 | 1.2 | 0.4 | N/A | -55.3% |
Others | 2.5 | 1.7 | 1.5 | 1.3 | -19.6% |
Total | 29.9 | 28.9 | 20.6 | 21.8 | -10.0% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Vietnam in 2022:
- United States (13.1K cubic meters)
- India (7.6K cubic meters)
- Indonesia (2.1K cubic meters)
- Taiwan (Chinese) (1.8K cubic meters)
- Japan (1.6K cubic meters)
- Cambodia (1.0K cubic meters)
- Malaysia (1.0K cubic meters)
- Kuwait (0.6K cubic meters)
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