Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal (CIF) - 2024
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal (CIF) - 2024
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $506 per cubic meter in March 2024, which is down by -2.4% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2024 when the average import price increased by 8% month-to-month. The import price peaked at $565 per cubic meter in June 2023; however, from July 2023 to March 2024, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In March 2024, the country with the highest price was Spain ($512 per cubic meter), while the price for Brazil ($363 per cubic meter) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $577 per cubic meter in 2022, with an increase of 35% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for medium density fibreboard (MDF) of thickness under 5 mm increased by +32.0% against 2018 indices. Over the period under review, the average export prices hit record highs at $595 per cubic meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($1,483 per cubic meter), while the average price for exports to Mozambique ($440 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 Algeria (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal
For the third consecutive year, Portugal recorded decline in purchases abroad of medium density fibreboard (MDF) of thickness under 5 mm, which decreased by -7.5% to 78K cubic meters in 2022. Over the period under review, imports saw a abrupt shrinkage. The smallest decline of -2.2% was in 2021. Over the period under review, imports of reached the peak figure at 93K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm soared to $38M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 29.2 | 27.7 | 31.5 | 37.6 | 8.8% |
| Others | 1.6 | 1.2 | 0.5 | 0.9 | -17.5% |
| Total | 30.8 | 28.8 | 32.0 | 38.5 | 7.7% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Portugal in 2022:
- Spain (76.1K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Portugal
For the fourth year in a row, Portugal recorded growth in shipments abroad of medium density fibreboard (MDF) of thickness under 5 mm, which increased by 59% to 25K cubic meters in 2022. In general, exports recorded a significant expansion. As a result, the exports reached 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 surged to $14M in 2022. Over the period under review, exports posted a significant increase. 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 Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.9 | 2.7 | 4.1 | 7.8 | 105.4% |
| Morocco | 1.1 | 1.7 | 1.5 | 3.5 | 47.1% |
| Algeria | N/A | N/A | N/A | 1.2 | 0% |
| Angola | 0.1 | 0.2 | 0.5 | 0.8 | 100.0% |
| Mozambique | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | 2.9 | 0.6 | 0.5 | 0.7 | -37.7% |
| Total | 5.0 | 5.3 | 6.6 | 14.2 | 41.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Portugal in 2022:
- Spain (14.1K cubic meters)
- Morocco (6.3K cubic meters)
- Angola (1.6K cubic meters)
- Algeria (0.8K cubic meters)
- Mozambique (0.5K cubic meters)
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