Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco (CIF) - 2023
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco (CIF) - 2023
In June 2023, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $631 per cubic meter, jumping by 26% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 29% against the previous month. As a result, import price reached the peak level of $675 per cubic meter. From December 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($1,315 per cubic meter), while the price for Brazil ($415 per cubic meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+7.6%), 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 Morocco (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $1,016 per cubic meter in 2022, dropping by -90.8% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 1,040% against the previous year. As a result, the export price attained the peak level of $11,065 per cubic meter, and then fell notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($6,139 per cubic meter), while the average price for exports to the United States ($238 per cubic meter) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+53.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco
In 2022, approx. 34K cubic meters of medium density fibreboard (MDF) of thickness under 5 mm were imported into Morocco; waning by -8.9% compared with 2021 figures. Overall, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, imports attained the peak of 38K cubic meters, and then reduced in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm totaled $19M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +74.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 483 | 674 | 4,184 | 3,298 | 89.7% |
| Spain | 2,449 | 2,354 | 2,670 | 2,447 | -0.0% |
| Portugal | 1,210 | 856 | 830 | 1,703 | 12.1% |
| Brazil | 140 | 375 | 362 | 699 | 70.9% |
| China | 86.5 | 124 | 110 | 417 | 68.9% |
| Hungary | 812 | 295 | 298 | 297 | -28.5% |
| Italy | 703 | 501 | 377 | 280 | -26.4% |
| Romania | 426 | 203 | 23.2 | 215 | -20.4% |
| Others | 7,095 | 5,343 | 8,745 | 9,331 | 9.6% |
| Total | 13,404 | 10,725 | 17,599 | 18,686 | 11.7% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Morocco in 2022:
- Turkey (6.3K cubic meters)
- Spain (4.0K cubic meters)
- Portugal (2.8K cubic meters)
- Brazil (1.5K cubic meters)
- China (1.2K cubic meters)
- Hungary (0.5K cubic meters)
- Romania (0.4K cubic meters)
- Italy (0.4K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco
Exports of medium density fibreboard (MDF) of thickness under 5 mm from Morocco skyrocketed to 22 cubic meters in 2022, jumping by 2,100% compared with the previous year. Overall, exports posted a significant increase. As a result, the exports attained 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 skyrocketed to $22K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,040% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | N/A | N/A | 0.9 | 15.4 | 1611.1% |
| Senegal | 2.8 | 0.7 | 3.4 | 5.5 | 25.2% |
| France | N/A | N/A | 0.8 | 1.3 | 62.5% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| Cote d'Ivoire | N/A | 0.1 | N/A | N/A | 0% |
| United Kingdom | N/A | 0.1 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 0.3 | N/A | 0% |
| Portugal | N/A | N/A | N/A | N/A | 0% |
| Others | 2.8 | 0.1 | 5.7 | N/A | 42.7% |
| Total | 5.7 | 1.0 | 11.1 | 22.4 | 57.8% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Morocco in 2022:
- Mauritania (19.0 cubic meters)
- United States (1.0 cubic meters)
- Senegal (1.0 cubic meters)
- France (1.0 cubic meters)
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