Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $333 per cubic meter in February 2024, increasing by 4.9% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 31% month-to-month. The import price peaked at $467 per cubic meter in June 2023; however, from July 2023 to February 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In February 2024, the countries with the highest prices were Chile ($411 per cubic meter) and Brazil ($335 per cubic meter), while the price for Thailand ($311 per cubic meter) and China ($328 per cubic meter) were amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $797 per cubic meter, picking up by 54% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for medium density fibreboard (MDF) of thickness under 5 mm increased by +63.5% against 2020 indices. 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 Costa Rica ($3,403 per cubic meter), while the average price for exports to Suriname ($474 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 Costa Rica (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia
Imports of medium density fibreboard (MDF) of thickness under 5 mm into Colombia soared to 49K cubic meters in 2022, rising by 17% compared with 2021. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm skyrocketed to $16M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3,406 | 3,804 | 2,829 | 4,757 | 11.8% |
| Turkey | 412 | 472 | 663 | 935 | 31.4% |
| China | 216 | 171 | 255 | 845 | 57.6% |
| Argentina | 644 | 740 | 570 | 622 | -1.2% |
| Thailand | 693 | 682 | 870 | 614 | -4.0% |
| Chile | 669 | 362 | 388 | 488 | -10.0% |
| Uruguay | 220 | 248 | 188 | 202 | -2.8% |
| Others | 6,336 | 5,993 | 5,618 | 8,031 | 8.2% |
| Total | 12,596 | 12,472 | 11,381 | 16,493 | 9.4% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Colombia in 2022:
- Brazil (15.4K cubic meters)
- China (2.5K cubic meters)
- Turkey (2.4K cubic meters)
- Thailand (1.6K cubic meters)
- Chile (1.3K cubic meters)
- Argentina (0.7K cubic meters)
- Uruguay (0.5K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia
In 2022, overseas shipments of medium density fibreboard (MDF) of thickness under 5 mm decreased by -79.8% to 53 cubic meters, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 213%. As a result, the exports reached the peak of 473 cubic meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm plummeted to $42K in 2022. Over the period under review, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 153%. As a result, the exports attained the peak of $231K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 25.6 | 88.0 | 64.4 | 24.4 | -1.6% |
| Jamaica | 14.4 | 35.7 | 18.8 | 5.2 | -28.8% |
| Suriname | 10.2 | 25.2 | 13.2 | 3.1 | -32.8% |
| Venezuela | 17.3 | 36.6 | 16.4 | 2.8 | -45.5% |
| Dominican Republic | 16.5 | 30.6 | 8.4 | 0.4 | -71.1% |
| Others | 7.1 | 14.5 | 15.2 | 6.4 | -3.4% |
| Total | 91.2 | 231 | 136 | 42.2 | -22.7% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Colombia in 2022:
- Haiti (35.0 cubic meters)
- Suriname (6.0 cubic meters)
- Jamaica (5.0 cubic meters)
- Venezuela (2.0 cubic meters)
- Dominican Republic (1.0 cubic meters)
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