Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh - 2022

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh (CIF) - 2022
  2. Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh (FOB) - 2022
  3. Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh
  4. Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh

Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh (CIF) - 2022

The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $328 per cubic meter in 2022, increasing by 2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27%. As a result, import price attained the peak level of $400 per cubic meter. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($406 per cubic meter), while the price for China ($314 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh (FOB) - 2022

In 2020, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $766 per cubic meter, which is down by -25% against the previous year. Over the period under review, the export price saw a precipitous contraction. Over the period under review, the average export prices hit record highs at $1,022 per cubic meter in 2019, and then fell notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Sri Lanka.

From 2019 to 2020, the rate of growth in terms of prices for Sri Lanka amounted to 0.0% per year.

Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh

Imports of medium density fibreboard (MDF) of thickness under 5 mm into Bangladesh contracted to 7.4K cubic meters in 2022, with a decrease of -7.8% on 2021 figures. In general, imports showed a deep contraction. The smallest decline of -4.5% was in 2020. Imports peaked at 11K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm contracted to $2.4M in 2022. Overall, imports continue to indicate a abrupt descent. Imports peaked at $3.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5941,8902,1131,792-11.6%
Thailand550839288346-14.3%
Malaysia12918316327428.5%
Others47.431.128.628.4-15.7%
Total3,3202,9432,5922,440-9.8%

Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Bangladesh in 2022:

  1. China (5.7K cubic meters)
  2. Thailand (0.9K cubic meters)
  3. Malaysia (0.8K cubic meters)

Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh

In 2022, exports of medium density fibreboard (mdf) of thickness under 5 mm from Bangladesh stood at 5 cubic meters, flattening at 2021. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 25%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm declined to $3.4K in 2022. In general, exports showed a deep slump. The exports peaked at $4.1K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Bangladesh (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Sri LankaN/A3.80%
China4.1N/A0%
OthersN/AN/A0%
Total4.13.8-7.3%

Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Bangladesh in 2022:

  1. Sri Lanka (5.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Medium density fibreboard (MDF), of a thickness not exceeding 5 mm - Bangladesh