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

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam (CIF) - 2022
  2. Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam (FOB) - 2022
  3. Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Vietnam
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand46.663.442.646.70.1%
China13.522.746.540.844.6%
New Zealand4.35.23.64.51.5%
Others7.85.83.43.1-26.5%
Total72.297.196.195.29.7%

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

  1. China (152.4K cubic meters)
  2. Thailand (152.1K cubic meters)
  3. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.319.815.215.041.5%
India16.73.30.32.4-47.6%
Indonesia0.90.50.90.7-8.0%
Japan0.71.20.60.70.0%
Taiwan (Chinese)0.10.10.50.571.0%
Kuwait0.80.61.00.5-14.5%
Malaysia0.1N/A0.10.458.7%
CambodiaN/AN/A0.10.2100.0%
China0.80.3N/AN/A-62.5%
Saudi Arabia2.01.20.4N/A-55.3%
Others2.51.71.51.3-19.6%
Total29.928.920.621.8-10.0%

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

  1. United States (13.1K cubic meters)
  2. India (7.6K cubic meters)
  3. Indonesia (2.1K cubic meters)
  4. Taiwan (Chinese) (1.8K cubic meters)
  5. Japan (1.6K cubic meters)
  6. Cambodia (1.0K cubic meters)
  7. Malaysia (1.0K cubic meters)
  8. Kuwait (0.6K cubic meters)

Source: IndexBox Market Intelligence Platform

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