Malaysia - MDF - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMDF Price in Malaysia - 2021
Contents:
- MDF Price in Malaysia (FOB) - 2021
- MDF Price in Malaysia (CIF) - 2021
- MDF Exports in Malaysia
- MDF Imports in Malaysia
MDF Price in Malaysia (FOB) - 2021
The average MDF export price stood at $463 per cubic meter in December 2021, rising by 5.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in January 2021 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices attained the peak figure at $480 per cubic meter in October 2021; however, from November 2021 to December 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($592 per cubic meter), while the average price for exports to Yemen ($273 per cubic meter) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
MDF Price in Malaysia (CIF) - 2021
In December 2021, the average MDF import price amounted to $286 per cubic meter, with an increase of 3.1% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in July 2021 an increase of 52% month-to-month. The import price peaked in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was New Zealand ($464 per cubic meter), while the price for Thailand ($244 per cubic meter) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
MDF Exports in Malaysia
In 2022, overseas shipments of MDF were finally on the rise to reach 268K cubic meters after two years of decline. Overall, exports, however, faced a precipitous shrinkage. The exports peaked at 522K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, MDF exports expanded to $111M in 2022. In general, exports, however, faced a deep reduction. The exports peaked at $203M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of MDF in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 74.8 | 59.1 | 55.0 | 66.7 | -3.7% |
| Australia | 19.3 | 4.0 | 5.3 | 7.0 | -28.7% |
| Philippines | 9.4 | 5.8 | 8.6 | 5.3 | -17.4% |
| United Arab Emirates | 28.5 | 9.5 | 3.1 | 4.6 | -45.6% |
| Indonesia | 7.7 | 4.9 | 5.6 | 4.1 | -18.9% |
| Vietnam | 3.6 | 3.3 | 4.4 | 3.1 | -4.9% |
| India | 5.4 | 1.7 | 1.0 | 2.1 | -27.0% |
| Syrian Arab Republic | 3.3 | 0.5 | 2.2 | 1.6 | -21.4% |
| Mexico | 1.9 | 0.8 | 1.6 | 1.4 | -9.7% |
| Yemen | 2.9 | 2.1 | 1.0 | 1.0 | -29.9% |
| Pakistan | 3.8 | 1.0 | 1.1 | 0.9 | -38.1% |
| Kuwait | 5.8 | 2.3 | 1.2 | 0.8 | -48.3% |
| Iran | 3.5 | 1.5 | 1.1 | 0.7 | -41.5% |
| Others | 33.5 | 17.8 | 16.1 | 11.5 | -30.0% |
| Total | 203 | 115 | 107 | 111 | -18.2% |
Top Export Markets for MDF from Malaysia in 2022:
- Japan (122.5K cubic meters)
- United Arab Emirates (19.8K cubic meters)
- Indonesia (16.4K cubic meters)
- Philippines (14.7K cubic meters)
- Australia (10.9K cubic meters)
- India (9.6K cubic meters)
- Syrian Arab Republic (8.0K cubic meters)
- Vietnam (7.8K cubic meters)
- Mexico (6.9K cubic meters)
- Yemen (5.1K cubic meters)
- Pakistan (4.4K cubic meters)
- Iran (4.3K cubic meters)
- Kuwait (3.9K cubic meters)
MDF Imports in Malaysia
In 2022, mdf imports into Malaysia soared to 132K cubic meters, jumping by 20% compared with the year before. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 99%. As a result, imports reached the peak of 154K cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, MDF imports expanded notably to $37M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. As a result, imports reached the peak of $41M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of MDF in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 10.3 | 24.6 | 21.6 | 20.8 | 26.4% |
| China | 11.4 | 9.4 | 7.0 | 10.8 | -1.8% |
| New Zealand | 1.0 | 1.1 | 1.0 | 1.9 | 23.9% |
| Indonesia | 3.0 | 3.6 | 1.7 | 1.4 | -22.4% |
| Others | 2.3 | 2.6 | 2.4 | 2.5 | 2.8% |
| Total | 28.0 | 41.1 | 33.7 | 37.4 | 10.1% |
Top Suppliers of MDF to Malaysia in 2022:
- Thailand (79.3K cubic meters)
- China (38.3K cubic meters)
- New Zealand (5.8K cubic meters)
- Indonesia (4.6K cubic meters)
This report provides an in-depth analysis of the mdf market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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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