Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan (FOB) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $171 per cubic meter, dropping by -7.6% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 44% against the previous year. As a result, the export price reached the peak level of $619 per cubic meter. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -4.5% per year.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $866 per cubic meter in 2022, falling by -48.7% against the previous year. Over the period under review, the import price, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 an increase of 256%. As a result, import price reached the peak level of $1,687 per cubic meter, and then shrank sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1,682 per cubic meter), while the price for Sri Lanka ($241 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan
In 2022, shipments abroad of medium density fibreboard (MDF) of thickness under 5 mm decreased by -19.6% to 3.9K cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 74%. As a result, the exports attained the peak of 4.9K cubic meters, and then reduced notably in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm declined notably to $671K in 2022. Over the period under review, exports showed a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of 33%. As a result, the exports attained the peak of $983K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 353 | 469 | 436 | 335 | -1.7% |
| Others | 390 | 514 | 468 | 336 | -4.8% |
| Total | 742 | 983 | 904 | 671 | -3.3% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Pakistan in 2022:
- Afghanistan (1.2K cubic meters)
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan
For the third year in a row, Pakistan recorded decline in purchases abroad of medium density fibreboard (MDF) of thickness under 5 mm, which decreased by -56.7% to 376 cubic meters in 2022. Over the period under review, imports recorded a significant contraction. Over the period under review, imports of attained the maximum at 12K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm declined sharply to $326K in 2022. Overall, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Over the period under review, imports of reached the maximum at $3.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 617 | 185 | 187 | 73.8 | -50.7% |
| New Zealand | 171 | 147 | 157 | 65.5 | -27.4% |
| Indonesia | 193 | 152 | 150 | 57.1 | -33.4% |
| Thailand | 492 | 188 | 281 | 26.9 | -62.0% |
| Germany | 32.5 | 32.1 | 39.5 | 18.9 | -16.5% |
| China | 170 | 77.6 | 56.5 | 17.6 | -53.0% |
| Sri Lanka | 44.0 | 29.6 | 24.8 | 8.1 | -43.1% |
| Others | 1,361 | 493 | 571 | 57.7 | -65.1% |
| Total | 3,080 | 1,304 | 1,466 | 326 | -52.7% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Pakistan in 2022:
- Indonesia (80.0 cubic meters)
- New Zealand (51.0 cubic meters)
- Malaysia (44.0 cubic meters)
- Germany (44.0 cubic meters)
- Sri Lanka (34.0 cubic meters)
- Thailand (31.0 cubic meters)
- China (21.0 cubic meters)
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