Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $440 per cubic meter in 2022, picking up by 4.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 11%. Over the period under review, average import prices reached the peak figure at $556 per cubic meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,720 per cubic meter), while the price for Israel ($91 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.5%), 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 Ethiopia (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $176 per cubic meter, which is down by -6.1% against the previous year. In general, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 an increase of 200% against the previous year. As a result, the export price attained the peak level of $691 per cubic meter. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Kenya.
From 2014 to 2022, the rate of growth in terms of prices for Sudan amounted to 0.0% per year.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia
In 2022, imports of medium density fibreboard (mdf) of thickness under 5 mm into Ethiopia dropped notably to 409 cubic meters, reducing by -86% on the previous year's figure. In general, imports faced a precipitous setback. The smallest decline of -40% was in 2020. Over the period under review, imports of reached the peak figure at 9.6K 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 declined notably to $180K in 2022. Overall, imports showed a dramatic contraction. The smallest decline of -35.8% was in 2020. Over the period under review, imports of reached the maximum at $3.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,855 | 1,200 | 575 | 62.9 | -67.6% |
| United Arab Emirates | 5.8 | 8.2 | 11.7 | 18.2 | 46.4% |
| Malaysia | 15.1 | 16.5 | 18.2 | 15.2 | 0.2% |
| Italy | 38.3 | 52.1 | 28.8 | 11.8 | -32.5% |
| Thailand | 14.5 | 11.9 | 9.9 | 6.2 | -24.7% |
| Israel | 0.8 | 0.8 | 0.8 | 0.6 | -9.1% |
| Others | 1,955 | 1,204 | 580 | 65.0 | -67.8% |
| Total | 3,884 | 2,493 | 1,225 | 180 | -64.1% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Ethiopia in 2022:
- China (155.0 cubic meters)
- Thailand (34.0 cubic meters)
- Malaysia (25.0 cubic meters)
- United Arab Emirates (23.0 cubic meters)
- Italy (7.0 cubic meters)
- Israel (6.0 cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia
In 2022, the amount of medium density fibreboard (MDF) of thickness under 5 mm exported from Ethiopia surged to 38 cubic meters, picking up by 90% against the previous year. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 567%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm surged to $6.7K in 2022. Overall, exports recorded a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 362%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ethiopia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Kenya | N/A | 6.7 | 0% |
| China | 3.7 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 3.7 | 6.7 | 81.1% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Ethiopia in 2022:
- Kenya (38.0 cubic meters)
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