Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Finland - 2024

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Finland (CIF) - 2024
  2. Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Finland (FOB) - 2022
  3. Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Finland
  4. Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Finland

Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Finland (CIF) - 2024

In February 2024, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $572 per cubic meter, reducing by -21% against the previous month. Over the period under review, the import price showed a pronounced downturn. The pace of growth was the most pronounced in January 2024 an increase of 16% against the previous month. The import price peaked at $813 per cubic meter in August 2023; however, from September 2023 to February 2024, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From March 2023 to February 2024, the rate of growth in terms of prices for Latvia amounted to +3.8% per month.

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

The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $831 per cubic meter in 2022, waning by -8.7% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 272% against the previous year. As a result, the export price attained the peak level of $2,075 per cubic meter. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($1,276 per cubic meter), while the average price for exports to New Zealand ($12 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 Estonia (+2.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 9.6K cubic meters of medium density fibreboard (MDF) of thickness under 5 mm were imported into Finland; falling by -10% compared with the year before. In general, imports saw a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of 11K cubic meters, and then shrank in the following year.

In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm expanded markedly to $7.2M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +57.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.42.23.62.96.5%
Slovenia0.60.91.31.844.2%
Spain0.60.50.60.914.5%
Germany0.40.40.50.826.0%
Estonia0.40.70.30.720.5%
Others0.10.20.20.226.0%
Total4.64.96.37.216.1%

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

  1. Poland (4.7K cubic meters)
  2. Slovenia (2.3K cubic meters)
  3. Spain (0.9K cubic meters)
  4. Germany (0.8K cubic meters)
  5. Estonia (0.7K cubic meters)

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

For the fourth year in a row, Finland recorded growth in shipments abroad of medium density fibreboard (MDF) of thickness under 5 mm, which increased by 61% to 548 cubic meters in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 633% against the previous year. 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 soared to $456K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 224% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/A13522037065.6%
Poland4.1N/A50.624.581.5%
Estonia4.317.426.710.032.5%
Germany1.07.15.98.6104.9%
SwedenN/A0.41.11.6100.0%
New ZealandN/AN/AN/A0.40%
Others40.41.76.539.8-0.5%
Total49.8162310456109.2%

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

  1. Latvia (442.0 cubic meters)
  2. New Zealand (37.0 cubic meters)
  3. Estonia (25.0 cubic meters)
  4. Poland (19.0 cubic meters)
  5. Germany (11.0 cubic meters)
  6. Sweden (10.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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