Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $519 per cubic meter in April 2024, shrinking by -7.5% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 7.3% against the previous month. As a result, import price reached the peak level of $600 per cubic meter. From August 2023 to April 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($816 per cubic meter), while the price for South Korea ($433 per cubic meter) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Indonesia (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $1,018 per cubic meter, declining by -13.9% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 37%. Over the period under review, the average export prices hit record highs at $2,258 per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($5,260 per cubic meter), while the average price for exports to the Philippines ($499 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 Indonesia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan
In 2022, purchases abroad of medium density fibreboard (MDF) of thickness under 5 mm increased by 23% to 321K cubic meters for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm skyrocketed to $190M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 60.1 | 54.5 | 45.3 | 68.6 | 4.5% |
New Zealand | 48.8 | 41.2 | 48.2 | 62.9 | 8.8% |
Indonesia | 15.8 | 16.4 | 16.2 | 29.9 | 23.7% |
Philippines | 21.3 | 6.5 | 15.0 | 15.4 | -10.2% |
South Korea | 4.7 | 4.8 | 3.7 | 6.5 | 11.4% |
China | 4.3 | 4.5 | 4.9 | 6.4 | 14.2% |
Others | 0.9 | 0.7 | 0.7 | 0.7 | -8.0% |
Total | 156 | 129 | 134 | 190 | 6.8% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Japan in 2022:
- New Zealand (117.7K cubic meters)
- Malaysia (108.4K cubic meters)
- Indonesia (61.4K cubic meters)
- South Korea (13.0K cubic meters)
- Philippines (11.0K cubic meters)
- China (8.3K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan
In 2022, after two years of decline, there was significant growth in shipments abroad of medium density fibreboard (MDF) of thickness under 5 mm, when their volume increased by 66% to 537 cubic meters. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm surged to $547K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $553K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 96.5 | 151 | 186 | 268 | 40.6% |
Philippines | 204 | 105 | 159 | 233 | 4.5% |
Vietnam | 141 | 47.8 | 7.4 | 11.8 | -56.3% |
China | 64.7 | 55.1 | 28.3 | 5.8 | -55.2% |
Others | 46.3 | 43.3 | 1.8 | 28.3 | -15.1% |
Total | 553 | 401 | 383 | 547 | -0.4% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Japan in 2022:
- Philippines (467.0 cubic meters)
- Indonesia (54.0 cubic meters)
- Vietnam (6.0 cubic meters)
- China (1.0 cubic meters)
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