Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia (FOB) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $343 per cubic meter in 2022, increasing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. 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 Vietnam ($526 per cubic meter), while the average price for exports to Iran ($228 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 Vietnam (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $445 per cubic meter, rising by 30% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($790 per cubic meter), while the price for Thailand ($360 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia
For the third consecutive year, Indonesia recorded decline in overseas shipments of medium density fibreboard (MDF) of thickness under 5 mm, which decreased by -0.4% to 184K cubic meters in 2022. In general, exports showed a pronounced curtailment. The exports peaked at 196K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm surged to $63M in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 8.0 | 7.6 | 8.5 | 14.5 | 21.9% |
Egypt | 2.3 | 3.9 | 5.1 | 4.7 | 26.9% |
Iran | 1.5 | 1.7 | 3.6 | 4.0 | 38.7% |
Saudi Arabia | 2.3 | 2.3 | 0.8 | 1.7 | -9.6% |
India | 2.8 | 1.1 | 0.9 | 1.2 | -24.6% |
Vietnam | 1.6 | 1.5 | 1.3 | 1.1 | -11.7% |
Taiwan (Chinese) | 0.9 | 1.0 | 1.4 | 0.7 | -8.0% |
Others | 28.5 | 27.6 | 29.9 | 35.3 | 7.4% |
Total | 47.8 | 46.8 | 51.5 | 63.1 | 9.7% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Indonesia in 2022:
- Japan (29.9K cubic meters)
- Egypt (18.6K cubic meters)
- Iran (17.4K cubic meters)
- Saudi Arabia (6.5K cubic meters)
- India (5.0K cubic meters)
- Taiwan (Chinese) (2.4K cubic meters)
- Vietnam (2.1K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia
In 2022, overseas purchases of medium density fibreboard (MDF) of thickness under 5 mm decreased by -10.9% to 51K cubic meters for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 58K cubic meters, and then declined in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm soared to $23M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +47.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 3.3 | 2.6 | 3.8 | 5.5 | 18.6% |
Malaysia | 2.9 | 2.7 | 2.9 | 3.5 | 6.5% |
Thailand | 0.9 | 1.6 | 1.5 | 1.2 | 10.1% |
China | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
Vietnam | 0.1 | 0.3 | 0.3 | 0.3 | 44.2% |
Brazil | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
Others | 8.0 | 7.9 | 10.6 | 11.8 | 13.8% |
Total | 15.6 | 15.5 | 19.7 | 22.9 | 13.7% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Indonesia in 2022:
- New Zealand (11.4K cubic meters)
- Malaysia (9.0K cubic meters)
- Thailand (3.2K cubic meters)
- Vietnam (0.8K cubic meters)
- China (0.7K cubic meters)
- Brazil (0.1K cubic meters)
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