Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand (FOB) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand (FOB) - 2024
In April 2024, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $452 per cubic meter, with an increase of 1.7% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 when the average export price increased by 6.4% m-o-m. The export price peaked at $505 per cubic meter in December 2023; however, from January 2024 to April 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In April 2024, the country with the highest price was Japan ($512 per cubic meter), while the average price for exports to India ($295 per cubic meter) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.3%), while the prices for the other major destinations experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $832 per cubic meter in 2022, rising by 32% against the previous year. In general, the import price recorded tangible growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($922 per cubic meter), while the price for Taiwan (Chinese) ($103 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 (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand
In 2022, the amount of medium density fibreboard (MDF) of thickness under 5 mm exported from New Zealand expanded remarkably to 209K cubic meters, picking up by 8.9% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a perceptible descent. Over the period under review, the exports of attained the peak figure at 241K 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 skyrocketed to $103M in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; however, 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 New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 24.7 | 19.0 | 24.9 | 31.1 | 8.0% |
United States | 3.2 | 4.0 | 4.9 | 6.1 | 24.0% |
Vietnam | 6.2 | 6.3 | 4.7 | 5.7 | -2.8% |
Indonesia | 2.9 | 2.4 | 2.9 | 4.3 | 14.0% |
China | 1.9 | 1.8 | 1.3 | 1.5 | -7.6% |
Philippines | 1.1 | 0.7 | 0.5 | 0.7 | -14.0% |
India | 0.6 | 0.7 | 0.5 | 0.5 | -5.9% |
Others | 43.1 | 37.1 | 42.2 | 52.7 | 6.9% |
Total | 83.7 | 72.1 | 81.8 | 103 | 7.2% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from New Zealand in 2022:
- Japan (57.5K cubic meters)
- Vietnam (13.9K cubic meters)
- United States (11.6K cubic meters)
- Indonesia (10.6K cubic meters)
- China (4.1K cubic meters)
- India (2.2K cubic meters)
- Philippines (1.5K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand
In 2022, the amount of medium density fibreboard (MDF) of thickness under 5 mm imported into New Zealand surged to 711 cubic meters, jumping by 31% on 2021 figures. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm surged to $592K in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.0 | 19.5 | 65.1 | 163 | 244.1% |
Australia | 39.2 | 53.5 | 92.8 | 122 | 46.0% |
United States | 0.5 | 2.1 | 4.2 | 4.8 | 112.5% |
Malaysia | 3.0 | 2.8 | 2.9 | 2.7 | -3.5% |
Taiwan (Chinese) | 0.8 | 0.7 | 0.9 | 1.2 | 14.5% |
Italy | 12.0 | 6.2 | 0.3 | 0.2 | -74.5% |
Others | 57.6 | 97.5 | 175 | 297 | 72.8% |
Total | 117 | 182 | 341 | 592 | 71.7% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to New Zealand in 2022:
- China (177.0 cubic meters)
- Australia (150.0 cubic meters)
- United States (17.0 cubic meters)
- Taiwan (Chinese) (12.0 cubic meters)
- Malaysia (7.0 cubic meters)
- Italy (1.0 cubic meters)
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