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

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan (CIF) - 2024
  2. Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan (FOB) - 2022
  3. Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Japan
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia60.154.545.368.64.5%
New Zealand48.841.248.262.98.8%
Indonesia15.816.416.229.923.7%
Philippines21.36.515.015.4-10.2%
South Korea4.74.83.76.511.4%
China4.34.54.96.414.2%
Others0.90.70.70.7-8.0%
Total1561291341906.8%

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

  1. New Zealand (117.7K cubic meters)
  2. Malaysia (108.4K cubic meters)
  3. Indonesia (61.4K cubic meters)
  4. South Korea (13.0K cubic meters)
  5. Philippines (11.0K cubic meters)
  6. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia96.515118626840.6%
Philippines2041051592334.5%
Vietnam14147.87.411.8-56.3%
China64.755.128.35.8-55.2%
Others46.343.31.828.3-15.1%
Total553401383547-0.4%

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

  1. Philippines (467.0 cubic meters)
  2. Indonesia (54.0 cubic meters)
  3. Vietnam (6.0 cubic meters)
  4. China (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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