Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia (FOB) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia (CIF) - 2024
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia (FOB) - 2024
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $694 per cubic meter in March 2024, waning by -26% against the previous month. Overall, the export price showed a slight contraction. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 16% m-o-m. As a result, the export price attained the peak level of $1,100 per cubic meter. From July 2023 to March 2024, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($1,023 per cubic meter), while the average price for exports to the Netherlands ($559 per cubic meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia (CIF) - 2024
In March 2024, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $631 per cubic meter, reducing by -11.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 34% month-to-month. Over the period under review, average import prices reached the maximum at $727 per cubic meter in May 2023; however, from June 2023 to March 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($1,554 per cubic meter), while the price for Germany ($374 per cubic meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Sweden (+2.6%), while the prices for the other major suppliers experienced a decline.
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia
In 2022, after three years of growth, there was significant decline in overseas shipments of medium density fibreboard (MDF) of thickness under 5 mm, when their volume decreased by -10.7% to 14K cubic meters. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 16K cubic meters, and then declined in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm expanded notably to $8.1M in 2022. The total export value increased at an average annual rate of +12.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 2,032 | 3,379 | 3,183 | 4,651 | 31.8% |
| Sweden | 1,448 | 1,458 | 1,265 | 994 | -11.8% |
| Norway | 7.2 | 483 | 756 | 839 | 388.4% |
| Italy | N/A | N/A | N/A | 718 | 0% |
| Netherlands | 5.0 | 7.4 | 9.8 | 428 | 340.7% |
| Israel | 231 | 250 | 682 | 240 | 1.3% |
| Czech Republic | 83.3 | 25.1 | N/A | 141 | 19.2% |
| United States | 831 | 149 | N/A | N/A | -82.1% |
| Others | 1,067 | 125 | 1,235 | 121 | -51.6% |
| Total | 5,704 | 5,876 | 7,130 | 8,132 | 12.5% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Estonia in 2022:
- Finland (5.6K cubic meters)
- Netherlands (2.7K cubic meters)
- Italy (2.1K cubic meters)
- Norway (1.7K cubic meters)
- Sweden (1.2K cubic meters)
- Israel (0.7K cubic meters)
- Czech Republic (0.2K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia
In 2022, after three years of growth, there was significant decline in supplies from abroad of medium density fibreboard (MDF) of thickness under 5 mm, when their volume decreased by -7.9% to 11K cubic meters. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 20%. Over the period under review, imports of reached the maximum at 12K cubic meters in 2021, and then shrank in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm expanded modestly to $5.9M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.0 | 3.0 | 3.8 | 4.4 | 13.6% |
| Ireland | 0.3 | 1.4 | 1.4 | 1.3 | 63.0% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| Belarus | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Others | 0.3 | 0.2 | 0.3 | 0.1 | -30.7% |
| Total | 3.8 | 4.7 | 5.8 | 5.9 | 15.8% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Estonia in 2022:
- Poland (8.8K cubic meters)
- Ireland (1.8K cubic meters)
- Thailand (0.2K cubic meters)
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