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Qatar - MDF - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Mar 3, 2024

Qatar Sees a 6% Rise in Imports, Reaching $1.9M in October 2023

Qatar MDF Imports

MDF imports into Qatar stood at 4.9K cubic meters in October 2023, almost unchanged from September 2023. Over the period under review, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in December 2022 with an increase of 138% m-o-m. Over the period under review, imports hit record highs at 9.6K cubic meters in October 2022; however, from November 2022 to October 2023, imports failed to regain momentum.

In value terms, MDF imports expanded markedly to $1.9M (IndexBox estimates) in October 2023. Overall, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in December 2022 when imports increased by 81% m-o-m. Over the period under review, imports attained the peak figure at 3.5M cubic meters in October 2022; however, from November 2022 to October 2023, imports stood at a somewhat lower figure. Qatar MDF Imports By Country (Thousand USD)

COUNTRY	Import Value of MDF in Qatar (thousand USD)
COUNTRY	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023	Oct 2023
Thailand	2,382	318	1,002	1,070	1,197	1,324	1,284	791	1,447	1,171	912	1,196	906
China	383	433	634	546	252	265	166	423	72.4	473	538	206	509
Malaysia	326	121	63.7	112	N/A	67.0	44.6	103	16.8	78.6	34.2	16.3	225
Turkey	82.0	39.4	432	308	40.0	197	31.3	132	58.9	77.8	293	95.7	140
Others	376	349	154	164	54.1	287	147	209	298	365	278	290	126
Total	3,549	1,260	2,286	2,200	1,543	2,139	1,673	1,657	1,893	2,166	2,055	1,803	1,906

Imports by Country

In October 2023, Thailand (2.6K cubic meters) constituted the largest MDF supplier to Qatar, accounting for a 53% share of total imports. Moreover, MDF imports from Thailand exceeded the figures recorded by the second-largest supplier, China (1.1K cubic meters), twofold. The third position in this ranking was held by Malaysia (751 cubic meters), with a 15% share.

From October 2022 to October 2023, the average monthly growth rate of volume from Thailand amounted to -8.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+1.1% per month) and Malaysia (-2.9% per month).

In value terms, Thailand ($906K), China ($509K) and Malaysia ($225K) constituted the largest MDF suppliers to Qatar, with a combined 86% share of total imports. Turkey lagged somewhat behind, comprising a further 7.4%.

Turkey, with a CAGR of +4.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Imports by Type

In October 2023, medium density fibreboard (MDF) of thickness over 9 mm (4K cubic meters) constituted the largest type of MDF supplied to Qatar, accounting for a 82% share of total imports. Moreover, medium density fibreboard (MDF) of thickness over 9 mm exceeded the figures recorded for the second-largest type, medium density fibreboard (MDF) of thickness from 5 to 9 mm (813 cubic meters), fivefold.

From October 2022 to October 2023, the average monthly rate of growth in terms of the volume of import of medium density fibreboard (MDF) of thickness over 9 mm stood at -4.3%. With regard to the other supplied products, the following average monthly rates of growth were recorded: medium density fibreboard (MDF) of thickness from 5 to 9 mm (-8.1% per month) and medium density fibreboard (MDF) of thickness under 5 mm (-18.0% per month).

In value terms, medium density fibreboard (MDF) of thickness over 9 mm ($1.6M) constituted the largest type of MDF supplied to Qatar, comprising 83% of total imports. The second position in the ranking was held by medium density fibreboard (MDF) of thickness from 5 to 9 mm ($311K), with a 16% share of total imports.

Import Prices by Country

In October 2023, the mdf price stood at $391 per cubic meter (CIF, Qatar), picking up by 5.3% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 28% m-o-m. As a result, import price attained the peak level of $470K per thousand cubic meters. From December 2022 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($544 per cubic meter), while the price for Malaysia ($299 per cubic meter) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mdf market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1648 - MDF/HDF

Country coverage:

Qatar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Qatar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Qatar - MDF - Market Analysis, Forecast, Size, Trends and Insights

Qatar Sees a 6% Rise in Imports, Reaching $1.9M in October 2023

Qatar MDF Imports

Imports by Country

Imports by Type

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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