Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $672 per ton, growing by 10% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 41% against the previous year. As a result, import price reached the peak level of $705 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,340,072 per ton), while the price for Belarus ($368,373 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $738 per ton in 2022, with an increase of 35% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 97%. As a result, the export price attained the peak level of $1,651 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($1,905,978 per ton), while the average price for exports to the UK ($352,783 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+61.7%), 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 Latvia
After three years of growth, supplies from abroad of medium density fibreboard (MDF) of thickness under 5 mm decreased by -12.4% to 5.8K tons in 2022. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm declined slightly to $3.9M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +66.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, imports attained the peak of $4M, and then declined slightly in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,026 | 1,238 | 2,006 | 1,338 | 9.3% |
| Slovenia | 539 | 667 | 727 | 867 | 17.2% |
| Belarus | 41.7 | 184 | 290 | 810 | 168.8% |
| Lithuania | 192 | 235 | 438 | 337 | 20.6% |
| Germany | 78.2 | 108 | 178 | 252 | 47.7% |
| Sweden | N/A | 60.1 | 39.2 | 126 | 44.8% |
| Belgium | 179 | 189 | 311 | 3.9 | -72.1% |
| Others | 282 | 31.4 | 29.7 | 147 | -19.5% |
| Total | 2,338 | 2,713 | 4,018 | 3,881 | 18.4% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Latvia in 2022:
- Poland (2.5 tons)
- Belarus (2.2 tons)
- Slovenia (1.0 tons)
- Lithuania (0.6 tons)
- Germany (0.3 tons)
- Sweden (0.2 tons)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia
In 2022, approx. 592 tons of medium density fibreboard (MDF) of thickness under 5 mm were exported from Latvia; with a decrease of -97.6% on the previous year's figure. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 56,653%. As a result, the exports reached the peak of 24K tons, and then reduced notably in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm shrank dramatically to $437K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 18,698%. As a result, the exports attained the peak of $13M, and then shrank significantly in the following year.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 12,858 | 183 | -98.6% |
| Belgium | N/A | 1.8 | N/A | 65.3 | 502.3% |
| Sweden | N/A | N/A | 15.5 | 40.4 | 160.6% |
| Norway | 26.1 | N/A | 8.4 | 38.8 | 14.1% |
| Lithuania | 33.1 | 46.6 | 35.5 | 26.4 | -7.3% |
| Poland | N/A | 0.7 | N/A | 10.6 | 289.1% |
| Others | 70.3 | 22.0 | 456 | 72.3 | 0.9% |
| Total | 130 | 71.1 | 13,373 | 437 | 49.8% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Latvia in 2022:
- United Kingdom (0.5 tons)
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