Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $716 per cubic meter in 2022, dropping by -8.1% against the previous year. Overall, the import price showed a abrupt downturn. The growth pace was the most rapid in 2017 when the average import price increased by 57%. The import price peaked at $1,859 per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1,111 per cubic meter), while the price for Honduras ($96 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $1,641 per cubic meter, picking up by 48% against the previous year. In general, the export price, however, recorded a deep downturn. The growth pace was the most rapid in 2021 an increase of 103% against the previous year. The export price peaked at $8,347 per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($4,009 per cubic meter), while the average price for exports to El Salvador ($123 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 Bahamas (+4.4%), while the prices for the other major destinations experienced a decline.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama
Imports of medium density fibreboard (MDF) of thickness under 5 mm into Panama shrank rapidly to 517 cubic meters in 2022, declining by -21.5% against the previous year's figure. In general, imports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 14%. Over the period under review, imports of reached the peak figure at 1.6K 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 dropped rapidly to $370K in 2022. Over the period under review, imports recorded a significant contraction. The growth pace was the most rapid in 2021 with an increase of 59%. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.9 | 9.8 | 63.7 | 112 | 100.5% |
| Spain | 414 | 148 | 103 | 15.3 | -66.7% |
| Brazil | 64.0 | 7.9 | 29.3 | 11.1 | -44.2% |
| Colombia | 8.8 | 6.6 | 10.6 | 10.2 | 5.0% |
| Malaysia | 28.6 | 6.1 | 9.6 | 9.1 | -31.7% |
| Chile | 55.7 | 24.4 | 23.6 | 8.7 | -46.1% |
| Honduras | 4.1 | 3.8 | 7.2 | 8.0 | 25.0% |
| Germany | 5.9 | 3.5 | 6.0 | 6.1 | 1.1% |
| Others | 653 | 113 | 260 | 190 | -33.7% |
| Total | 1,248 | 323 | 513 | 370 | -33.3% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Panama in 2022:
- China (130.0 cubic meters)
- Honduras (84.0 cubic meters)
- Malaysia (25.0 cubic meters)
- Germany (21.0 cubic meters)
- Spain (16.0 cubic meters)
- Colombia (13.0 cubic meters)
- Brazil (10.0 cubic meters)
- Chile (10.0 cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama
In 2022, approx. 59 cubic meters of medium density fibreboard (MDF) of thickness under 5 mm were exported from Panama; surging by 181% compared with the previous year's figure. Over the period under review, exports, however, saw a abrupt decrease. The exports peaked at 181 cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm surged to $97K in 2022. Overall, exports saw a significant increase. Over the period under review, the exports of attained the maximum at $99K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 7.5 | 23.8 | 13.9 | 36.9 | 70.1% |
| Costa Rica | 1.7 | 16.8 | 0.8 | 14.9 | 106.2% |
| Dominican Republic | 3.4 | 10.3 | 3.1 | 9.8 | 42.3% |
| Honduras | 1.6 | 4.6 | 1.1 | 5.4 | 50.0% |
| Chile | 0.7 | 1.8 | 0.5 | 1.7 | 34.4% |
| Trinidad and Tobago | 0.7 | 1.7 | 0.5 | 1.5 | 28.9% |
| Aruba | 0.8 | 1.7 | 0.4 | 1.1 | 11.2% |
| Bahamas | N/A | N/A | N/A | 0.9 | 0% |
| United States | 0.1 | 0.3 | 0.1 | 0.7 | 91.3% |
| Jamaica | 0.2 | 0.5 | 0.1 | 0.3 | 14.5% |
| Guatemala | 0.1 | 0.2 | N/A | 0.3 | 44.2% |
| Cuba | 1.2 | 1.0 | 0.1 | 0.1 | -56.3% |
| El Salvador | N/A | N/A | N/A | N/A | 0% |
| Others | 9.4 | 36.1 | 2.5 | 23.4 | 35.5% |
| Total | 27.4 | 99.0 | 23.3 | 96.8 | 52.3% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Panama in 2022:
- Colombia (28.0 cubic meters)
- Dominican Republic (12.0 cubic meters)
- Costa Rica (4.0 cubic meters)
- Honduras (2.0 cubic meters)
- Trinidad and Tobago (2.0 cubic meters)
- Aruba (2.0 cubic meters)
- Jamaica (1.0 cubic meters)
- Cuba (1.0 cubic meters)
- El Salvador (1.0 cubic meters)
- Bahamas (1.0 cubic meters)
- Guatemala (1.0 cubic meters)
- Chile (1.0 cubic meters)
- United States (1.0 cubic meters)
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