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

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia (FOB) - 2022
  2. Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia (CIF) - 2022
  3. Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Indonesia
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Japan8.07.68.514.521.9%
Egypt2.33.95.14.726.9%
Iran1.51.73.64.038.7%
Saudi Arabia2.32.30.81.7-9.6%
India2.81.10.91.2-24.6%
Vietnam1.61.51.31.1-11.7%
Taiwan (Chinese)0.91.01.40.7-8.0%
Others28.527.629.935.37.4%
Total47.846.851.563.19.7%

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

  1. Japan (29.9K cubic meters)
  2. Egypt (18.6K cubic meters)
  3. Iran (17.4K cubic meters)
  4. Saudi Arabia (6.5K cubic meters)
  5. India (5.0K cubic meters)
  6. Taiwan (Chinese) (2.4K cubic meters)
  7. 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)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand3.32.63.85.518.6%
Malaysia2.92.72.93.56.5%
Thailand0.91.61.51.210.1%
China0.20.20.50.535.7%
Vietnam0.10.30.30.344.2%
Brazil0.20.20.10.1-20.6%
Others8.07.910.611.813.8%
Total15.615.519.722.913.7%

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

  1. New Zealand (11.4K cubic meters)
  2. Malaysia (9.0K cubic meters)
  3. Thailand (3.2K cubic meters)
  4. Vietnam (0.8K cubic meters)
  5. China (0.7K cubic meters)
  6. Brazil (0.1K cubic meters)

Source: IndexBox Market Intelligence Platform

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