Croatia - MDF - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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MDF Price in Croatia - 2023

Contents:

  1. MDF Price in Croatia (CIF) - 2023
  2. MDF Price in Croatia (FOB) - 2023
  3. MDF Imports in Croatia
  4. MDF Exports in Croatia

MDF Price in Croatia (CIF) - 2023

In June 2023, the average MDF import price amounted to $710 per cubic meter, shrinking by -11.6% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 15% month-to-month. The import price peaked at $804 per cubic meter in May 2023, and then fell in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($1,171 per cubic meter), while the price for Romania ($446 per cubic meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

MDF Price in Croatia (FOB) - 2023

The average MDF export price stood at $1,011 per cubic meter in June 2023, dropping by -11.8% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 15% against the previous month. Over the period under review, the average export prices hit record highs at $1,153 per cubic meter in July 2022; afterwards, it flattened through to June 2023.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Sweden ($4,587 per cubic meter), while the average price for exports to Bosnia and Herzegovina ($671 per cubic meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.

MDF Imports in Croatia

In 2022, after three years of growth, there was significant decline in overseas purchases of MDF, when their volume decreased by -13.8% to 67K cubic meters. The total import volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of 78K cubic meters, and then fell in the following year.

In value terms, MDF imports expanded notably to $49M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of MDF in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.18.37.58.3-6.3%
Austria1.82.25.98.265.8%
Slovenia3.03.96.17.032.6%
Poland2.05.49.36.951.1%
Hungary2.22.53.13.314.5%
Italy1.62.42.73.124.7%
Turkey0.61.32.22.867.1%
Romania2.01.63.82.69.1%
Czech Republic0.10.10.91.3135.1%
Belgium0.20.50.61.281.7%
Russia2.31.92.11.1-21.8%
Others1.31.11.82.829.1%
Total27.331.146.148.521.1%

Top Suppliers of MDF to Croatia in 2022:

  1. Slovenia (13.2K cubic meters)
  2. Poland (11.2K cubic meters)
  3. Germany (10.1K cubic meters)
  4. Austria (8.4K cubic meters)
  5. Hungary (5.4K cubic meters)
  6. Romania (5.2K cubic meters)
  7. Turkey (3.2K cubic meters)
  8. Czech Republic (2.4K cubic meters)
  9. Italy (2.2K cubic meters)
  10. Belgium (2.0K cubic meters)
  11. Russia (1.3K cubic meters)

MDF Exports in Croatia

MDF exports from Croatia contracted remarkably to 18K cubic meters in 2022, dropping by -26.9% against the previous year. In general, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +7.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47%. As a result, the exports reached the peak of 25K cubic meters, and then contracted markedly in the following year.

In value terms, MDF exports dropped to $18M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 60% against the previous year. As a result, the exports reached the peak of $21M, and then reduced in the following year.

Export of MDF in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina2.22.75.75.233.2%
Serbia1.21.32.32.426.0%
LithuaniaN/A0.11.21.6300.0%
Poland0.91.42.21.415.9%
Slovakia0.40.71.01.140.1%
Slovenia2.20.90.81.0-23.1%
Czech Republic0.80.91.20.80.0%
Hungary0.40.70.90.720.5%
AlbaniaN/A0.30.50.641.4%
Latvia0.20.41.00.644.2%
Bulgaria0.60.60.90.60.0%
DenmarkN/AN/A0.50.3-40.0%
United Kingdom1.21.20.20.1-56.3%
Others1.72.33.01.6-2.0%
Total11.813.321.318.115.3%

Top Export Markets for MDF from Croatia in 2022:

  1. United Kingdom (undefinedK cubic meters)
  2. Bosnia and Herzegovina (7.5K cubic meters)
  3. Serbia (2.7K cubic meters)
  4. Lithuania (1.2K cubic meters)
  5. Poland (0.9K cubic meters)
  6. Albania (0.8K cubic meters)
  7. Slovenia (0.8K cubic meters)
  8. Slovakia (0.7K cubic meters)
  9. Czech Republic (0.5K cubic meters)
  10. Hungary (0.5K cubic meters)
  11. Bulgaria (0.5K cubic meters)
  12. Latvia (0.4K cubic meters)
  13. Denmark (0.3K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mdf market in Croatia. 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:

  • Croatia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Croatia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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