Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India (CIF) - 2024
In March 2024, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $273 per cubic meter, picking up by 6.7% against the previous month. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was China ($479 per cubic meter), while the price for Vietnam ($224 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 Malaysia (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $372 per cubic meter in 2022, surging by 1.9% against the previous year. Overall, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 98% against the previous year. The export price peaked at $2,701 per cubic meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($491 per cubic meter), while the average price for exports to Egypt ($210 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 Iran (+136.3%), while the prices for the other major destinations experienced a decline.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India
In 2022, overseas purchases of medium density fibreboard (MDF) of thickness under 5 mm were finally on the rise to reach 52K cubic meters after two years of decline. Overall, imports, however, continue to indicate a abrupt slump. Over the period under review, imports of attained the peak figure at 100K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm surged to $19M in 2022. In general, imports, however, saw a deep slump. Over the period under review, imports of hit record highs at $23M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 8.1 | 5.5 | 4.2 | 7.3 | -3.4% |
China | 4.8 | 2.1 | 3.5 | 6.2 | 8.9% |
Indonesia | 5.8 | 2.3 | 1.9 | 2.2 | -27.6% |
Vietnam | 1.7 | 0.2 | 0.1 | 1.1 | -13.5% |
New Zealand | 1.3 | 1.5 | 1.0 | 1.0 | -8.4% |
Malaysia | 0.9 | 0.3 | 0.3 | 0.7 | -8.0% |
Others | 0.9 | 0.3 | 0.4 | 0.7 | -8.0% |
Total | 23.4 | 12.3 | 11.4 | 19.2 | -6.4% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to India in 2022:
- Thailand (28.0K cubic meters)
- Indonesia (9.3K cubic meters)
- China (5.2K cubic meters)
- New Zealand (4.0K cubic meters)
- Malaysia (2.4K cubic meters)
- Vietnam (2.0K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in India
In 2022, the amount of medium density fibreboard (MDF) of thickness under 5 mm exported from India stood at 5K cubic meters, approximately reflecting 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 136%. 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 stood at $1.8M in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, the exports reached the peak of $2M. 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 India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | 74.8 | 100 | 277 | 357 | 68.4% |
United Arab Emirates | 374 | 498 | 332 | 201 | -18.7% |
Malaysia | 94.5 | 79.7 | 71.1 | 134 | 12.3% |
Egypt | N/A | N/A | N/A | 89.0 | 0% |
Sri Lanka | 200 | 110 | 86.0 | 42.5 | -40.3% |
Indonesia | 20.0 | 31.7 | 17.4 | N/A | -6.7% |
Others | 943 | 1,147 | 1,024 | 1,024 | 2.8% |
Total | 1,707 | 1,967 | 1,807 | 1,847 | 2.7% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from India in 2022:
- Nepal (806.0 cubic meters)
- United Arab Emirates (793.0 cubic meters)
- Egypt (423.0 cubic meters)
- Malaysia (273.0 cubic meters)
- Sri Lanka (156.0 cubic meters)
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