Ecuador - MDF - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMDF Price in Ecuador - 2022
Contents:
- MDF Price in Ecuador (CIF) - 2022
- MDF Price in Ecuador (FOB) - 2022
- MDF Imports in Ecuador
- MDF Exports in Ecuador
MDF Price in Ecuador (CIF) - 2022
In January 2022, the average MDF import price amounted to $642 per cubic meter, falling by -5.7% against the previous month. In general, import price indicated a notable expansion from January 2021 to January 2022: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, MDF import price increased by +17.7% against November 2021 indices. The most prominent rate of growth was recorded in July 2021 an increase of 36% month-to-month. As a result, import price attained the peak level of $707 per cubic meter. From August 2021 to January 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,210 per cubic meter), while the price for Chile ($512 per cubic meter) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
MDF Price in Ecuador (FOB) - 2022
In January 2022, the average MDF export price amounted to $707 per cubic meter, growing by 8.6% against the previous month. In general, export price indicated a noticeable expansion from January 2021 to January 2022: its price increased at an average monthly rate of +4.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, MDF export price increased by +26.7% against October 2021 indices. The most prominent rate of growth was recorded in July 2021 an increase of 11% month-to-month. Over the period under review, the average export prices hit record highs in January 2022.
There were significant differences in the average prices for the major foreign markets. In January 2022, the country with the highest price was Panama ($810 per cubic meter), while the average price for exports to El Salvador ($481 per cubic meter) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
MDF Imports in Ecuador
In 2022, the amount of MDF imported into Ecuador reduced modestly to 40K cubic meters, flattening at the previous year's figure. Over the period under review, imports continue to indicate a abrupt shrinkage. Over the period under review, imports hit record highs at 47K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, MDF imports declined to $17M in 2022. Overall, imports showed a pronounced setback. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Imports peaked at $19M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of MDF in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 5.1 | 4.0 | 4.5 | 5.1 | 0.0% |
| China | 5.6 | 3.3 | 4.1 | 4.1 | -9.9% |
| Brazil | 2.6 | 2.6 | 2.6 | 2.5 | -1.3% |
| Turkey | 0.4 | 0.5 | 1.0 | 0.7 | 20.5% |
| New Zealand | 1.0 | 0.9 | 0.7 | 0.7 | -11.2% |
| Colombia | 0.9 | 1.1 | 0.5 | 0.6 | -12.6% |
| Belgium | 0.2 | 0.2 | 0.6 | 0.6 | 44.2% |
| Germany | 1.0 | 0.9 | 1.0 | 0.5 | -20.6% |
| Others | 2.5 | 2.0 | 4.0 | 2.5 | 0.0% |
| Total | 19.3 | 15.5 | 19.0 | 17.3 | -3.6% |
Top Suppliers of MDF to Ecuador in 2022:
- Chile (14.2K cubic meters)
- China (7.4K cubic meters)
- Brazil (7.1K cubic meters)
- New Zealand (4.2K cubic meters)
- Colombia (2.1K cubic meters)
- Turkey (1.2K cubic meters)
- Germany (0.6K cubic meters)
- Belgium (0.6K cubic meters)
MDF Exports in Ecuador
In 2022, after three years of growth, there was significant decline in overseas shipments of MDF, when their volume decreased by -21.5% to 23K cubic meters. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of 30K cubic meters, and then fell sharply in the following year.
In value terms, MDF exports reduced to $10M in 2022. The total export value increased at an average annual rate of +9.3% 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 with an increase of 24% against the previous year. As a result, the exports attained the peak of $11M, and then declined in the following year.
| Export of MDF in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 0.5 | 3.3 | 3.4 | 160.8% |
| United States | 2.2 | 3.9 | 3.9 | 3.0 | 10.9% |
| Colombia | 2.3 | 2.3 | 1.3 | 1.6 | -11.4% |
| Chile | 0.7 | 0.5 | 0.7 | 0.6 | -5.0% |
| Panama | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
| Bolivia | 1.0 | 0.7 | 0.8 | 0.3 | -33.1% |
| Honduras | 0.7 | 0.5 | 0.1 | 0.3 | -24.6% |
| Peru | 0.2 | 0.2 | 0.4 | 0.3 | 14.5% |
| Others | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
| Total | 7.9 | 9.2 | 11.4 | 10.3 | 9.2% |
Top Export Markets for MDF from Ecuador in 2022:
- United States (7.0K cubic meters)
- Colombia (5.7K cubic meters)
- Canada (4.5K cubic meters)
- Chile (1.7K cubic meters)
- Honduras (1.3K cubic meters)
- Panama (0.9K cubic meters)
- Peru (0.8K cubic meters)
- Bolivia (0.5K cubic meters)
This report provides an in-depth analysis of the mdf market in Ecuador. 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:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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