Japan - MDF - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMDF Price in Japan - 2023
Contents:
- MDF Price in Japan (CIF) - 2023
- MDF Price in Japan (FOB) - 2023
- MDF Imports in Japan
- MDF Exports in Japan
MDF Price in Japan (CIF) - 2023
In July 2023, the average MDF import price amounted to $617 per cubic meter, picking up by 5.5% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 13% month-to-month. As a result, import price attained the peak level of $663 per cubic meter. From January 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,023 per cubic meter), while the price for Vietnam ($453 per cubic meter) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
MDF Price in Japan (FOB) - 2023
In July 2023, the average MDF export price amounted to $757 per cubic meter, approximately equating the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in August 2022 an increase of 19% m-o-m. The export price peaked at $836 per cubic meter in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($1,006 per cubic meter), while the average price for exports to China ($644 per cubic meter) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
MDF Imports in Japan
In 2022, supplies from abroad of MDF was finally on the rise to reach 537K cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a mild expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, MDF imports soared to $325M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +46.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of MDF in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 120 | 92.2 | 105 | 138 | 4.8% |
| Malaysia | 84.3 | 67.7 | 64.8 | 92.8 | 3.3% |
| Indonesia | 30.0 | 23.2 | 24.5 | 43.3 | 13.0% |
| China | 25.5 | 24.2 | 25.2 | 31.8 | 7.6% |
| South Korea | 7.3 | 6.4 | 5.5 | 8.4 | 4.8% |
| Others | 6.4 | 8.8 | 7.4 | 9.9 | 15.7% |
| Total | 274 | 222 | 232 | 325 | 5.9% |
Top Suppliers of MDF to Japan in 2022:
- New Zealand (263.6K cubic meters)
- Malaysia (137.8K cubic meters)
- Indonesia (75.0K cubic meters)
- China (30.3K cubic meters)
- South Korea (15.3K cubic meters)
MDF Exports in Japan
After two years of decline, shipments abroad of MDF increased by 12% to 3.1K cubic meters in 2022. Over the period under review, exports, however, saw a abrupt contraction. The exports peaked at 4.2K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, MDF exports skyrocketed to $2.2M in 2022. Overall, exports, however, recorded a deep slump. The exports peaked at $2.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of MDF in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,125 | 854 | 628 | 830 | -9.6% |
| China | 1,209 | 934 | 889 | 726 | -15.6% |
| Indonesia | 463 | 367 | 310 | 489 | 1.8% |
| Thailand | 34.2 | 74.5 | 20.1 | 81.5 | 33.6% |
| Others | 43.9 | 9.9 | 18.7 | 29.1 | -12.8% |
| Total | 2,875 | 2,240 | 1,865 | 2,155 | -9.2% |
Top Export Markets for MDF from Japan in 2022:
- Vietnam (1320.0 cubic meters)
- China (1151.0 cubic meters)
- Indonesia (469.0 cubic meters)
- Thailand (77.0 cubic meters)
This report provides an in-depth analysis of the mdf market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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
- 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
-
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
-
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
-
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
-
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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