Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $474 per cubic meter in 2022, growing by 6.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 53% against the previous year. As a result, import price attained the peak level of $511 per cubic meter. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($557 per cubic meter), while the price for India ($227 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.8%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $406 per cubic meter, picking up by 7.5% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 +91.3% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($551 per cubic meter), while the average price for exports to the United Arab Emirates ($284 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 Jordan (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka
In 2022, supplies from abroad of medium density fibreboard (MDF) of thickness under 5 mm decreased by -70.9% to 1.5K cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 87%. As a result, imports attained the peak of 5K cubic meters, and then shrank notably in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm shrank dramatically to $688K in 2022. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 94%. As a result, imports reached the peak of $2.2M, and then contracted notably in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 200 | 271 | 596 | 208 | 1.3% |
| Malaysia | 129 | 102 | 227 | 70.4 | -18.3% |
| Thailand | 43.3 | 21.4 | 112 | 19.9 | -22.8% |
| Vietnam | 2.6 | 4.7 | 9.3 | 18.0 | 90.6% |
| India | 172 | 96.2 | 102 | 16.0 | -54.7% |
| Spain | 5.5 | 7.5 | 10.9 | 9.9 | 21.6% |
| Others | 609 | 645 | 1,167 | 346 | -17.2% |
| Total | 1,162 | 1,148 | 2,225 | 688 | -16.0% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Sri Lanka in 2022:
- China (373.0 cubic meters)
- Malaysia (170.0 cubic meters)
- India (71.0 cubic meters)
- Thailand (49.0 cubic meters)
- Vietnam (48.0 cubic meters)
- Spain (23.0 cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in shipments abroad of medium density fibreboard (MDF) of thickness under 5 mm, which decreased by -2.9% to 133 cubic meters in 2022. Overall, exports continue to indicate a sharp decline. The smallest decline of -2.1% was in 2021. Over the period under review, the exports of hit record highs at 456 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 reached $54K in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. Over the period under review, the exports of reached the peak figure at $112K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 19.6 | 13.5 | 17.6 | 22.1 | 4.1% |
| India | 49.4 | 23.8 | 21.6 | 18.9 | -27.4% |
| Pakistan | 10.3 | 5.2 | 4.9 | 4.5 | -24.1% |
| Oman | 9.7 | 2.9 | 3.2 | 3.4 | -29.5% |
| United Arab Emirates | 4.8 | 2.5 | 2.5 | 2.4 | -20.6% |
| Others | 18.6 | 1.7 | 1.8 | 2.7 | -47.4% |
| Total | 112 | 49.5 | 51.7 | 54.0 | -21.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Sri Lanka in 2022:
- India (57.0 cubic meters)
- Jordan (40.0 cubic meters)
- Pakistan (15.0 cubic meters)
- United Arab Emirates (8.0 cubic meters)
- Oman (8.0 cubic meters)
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