Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $259 per cubic meter, rising by 14% against the previous year. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 15% against the previous year. The import price peaked at $354 per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($256 per cubic meter), while the price for Indonesia ($175 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 (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $627 per cubic meter, jumping by 118% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,426 per cubic meter), while the average price for exports to Malaysia ($495 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 the UK (+5.4%), 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 the United Arab Emirates
In 2022, overseas purchases of medium density fibreboard (MDF) of thickness under 5 mm decreased by -7.5% to 104K cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, imports attained the peak of 112K cubic meters, and then shrank in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm rose modestly to $27M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.2 | 12.2 | 22.2 | 22.5 | 34.7% |
New Zealand | 3.9 | 2.3 | 2.2 | 3.2 | -6.4% |
Indonesia | 1.4 | 0.4 | 0.5 | 0.4 | -34.1% |
Others | 0.4 | 0.9 | 0.7 | 0.7 | 20.5% |
Total | 14.9 | 15.9 | 25.6 | 26.9 | 21.8% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to the United Arab Emirates in 2022:
- China (87.8K cubic meters)
- New Zealand (12.9K cubic meters)
- Indonesia (2.5K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates
In 2022, approx. 1.4K cubic meters of medium density fibreboard (MDF) of thickness under 5 mm were exported from the United Arab Emirates; reducing by -92.3% compared with the previous year's figure. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 179% against the previous year. As a result, the exports attained the peak of 18K cubic meters, and then declined rapidly in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm declined notably to $863K in 2022. Overall, exports showed a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 158% against the previous year. As a result, the exports reached the peak of $5.1M, and then dropped dramatically in the following year.
Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 840 | 478 | 1,708 | 261 | -32.3% |
Egypt | 407 | 169 | 431 | 101 | -37.2% |
United States | 372 | 159 | 371 | 96.9 | -36.1% |
South Korea | 393 | 212 | 382 | 73.3 | -42.9% |
Vietnam | 272 | 183 | 496 | 66.3 | -37.5% |
India | 249 | 86.4 | 116 | 46.8 | -42.7% |
Kuwait | 73.0 | 28.4 | 160 | 39.0 | -18.9% |
United Kingdom | 95.3 | 45.5 | 95.8 | 33.0 | -29.8% |
South Africa | 164 | 57.2 | 55.7 | 20.7 | -49.8% |
Taiwan (Chinese) | 122 | 86.0 | 161 | 19.0 | -46.2% |
Malaysia | 96.1 | 109 | 136 | 15.9 | -45.1% |
Mexico | 47.9 | 12.7 | 175 | 7.1 | -47.1% |
Algeria | 77.9 | 35.2 | 189 | 3.3 | -65.1% |
Others | 657 | 326 | 662 | 79.9 | -50.5% |
Total | 3,867 | 1,989 | 5,139 | 863 | -39.3% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from the United Arab Emirates in 2022:
- Saudi Arabia (491.0 cubic meters)
- Egypt (188.0 cubic meters)
- South Korea (127.0 cubic meters)
- Vietnam (103.0 cubic meters)
- India (78.0 cubic meters)
- United States (68.0 cubic meters)
- Kuwait (61.0 cubic meters)
- Malaysia (32.0 cubic meters)
- Taiwan (Chinese) (30.0 cubic meters)
- South Africa (27.0 cubic meters)
- United Kingdom (26.0 cubic meters)
- Mexico (15.0 cubic meters)
- Algeria (5.0 cubic meters)
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