Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Vietnam - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Vietnam (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Vietnam (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Vietnam
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Vietnam
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Vietnam (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $599 per cubic meter in 2022, jumping by 62% against the previous year. In general, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($1,707 per cubic meter), while the price for Thailand ($405 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.0%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $410 per cubic meter, picking up by 12% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 20% against the previous year. The export price peaked at $429 per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($875 per cubic meter), while the average price for exports to Taiwan (Chinese) ($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 Saudi Arabia (+4.5%), 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 Vietnam
In 2022, after three years of growth, there was significant decline in overseas purchases of medium density fibreboard (MDF) of thickness under 5 mm, when their volume decreased by -61.9% to 58K cubic meters. Overall, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. As a result, imports reached the peak of 151K cubic meters, and then contracted significantly in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm dropped notably to $34M in 2022. Over the period under review, imports, however, showed notable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of $56M, and then reduced dramatically in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 3.8 | 22.0 | 18.2 | 82.4% |
| New Zealand | 12.5 | 12.7 | 9.4 | 7.1 | -17.2% |
| Thailand | 8.5 | 11.0 | 17.4 | 5.7 | -12.5% |
| Malaysia | 2.8 | 2.8 | 4.3 | 2.0 | -10.6% |
| Indonesia | 3.2 | 2.9 | 2.6 | 1.4 | -24.1% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 30.2 | 33.4 | 55.8 | 34.4 | 4.4% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Vietnam in 2022:
- China (27.0K cubic meters)
- Thailand (14.2K cubic meters)
- New Zealand (12.1K cubic meters)
- Malaysia (2.4K cubic meters)
- Indonesia (1.8K cubic meters)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Vietnam
In 2022, exports of medium density fibreboard (MDF) of thickness under 5 mm from Vietnam soared to 22K cubic meters, increasing by 68% compared with 2021 figures. In general, exports continue to indicate resilient growth. 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 soared to $9.2M in 2022. Over the period under review, exports enjoyed a significant expansion. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 450 | 396 | 931 | 5,129 | 125.0% |
| India | 1,794 | 219 | 156 | 1,304 | -10.1% |
| Cambodia | N/A | 57.7 | 37.4 | 848 | 283.4% |
| Indonesia | 219 | 515 | 1,121 | 639 | 42.9% |
| Taiwan (Chinese) | N/A | 85.5 | 322 | 428 | 123.7% |
| Kuwait | 135 | 189 | 222 | 160 | 5.8% |
| Japan | 431 | 284 | 186 | 138 | -31.6% |
| China | 1,018 | 154 | 390 | 123 | -50.6% |
| Sri Lanka | 44.3 | 322 | 215 | 45.0 | 0.5% |
| Malaysia | 212 | 213 | 90.3 | 43.0 | -41.2% |
| United Arab Emirates | N/A | 0.3 | 530 | N/A | 176566.7% |
| Saudi Arabia | 133 | 255 | 380 | N/A | 69.0% |
| Others | 212 | 292 | 286 | 342 | 17.3% |
| Total | 4,648 | 2,982 | 4,865 | 9,198 | 25.5% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Vietnam in 2022:
- United States (10.1K cubic meters)
- India (4.4K cubic meters)
- Cambodia (2.9K cubic meters)
- Indonesia (1.6K cubic meters)
- Taiwan (Chinese) (1.5K cubic meters)
- China (0.4K cubic meters)
- Kuwait (0.3K cubic meters)
- Japan (0.3K cubic meters)
- Malaysia (0.1K cubic meters)
- Sri Lanka (0.1K cubic meters)
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