New Zealand - MDF - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

New Zealand - MDF - Market Analysis, Forecast, Size, Trends and Insights

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MDF Price in New Zealand - 2023

Contents:

  1. MDF Price in New Zealand (FOB) - 2023
  2. MDF Price in New Zealand (CIF) - 2022
  3. MDF Exports in New Zealand
  4. MDF Imports in New Zealand

MDF Price in New Zealand (FOB) - 2023

In July 2023, the average MDF export price amounted to $428 per cubic meter, growing by 2.1% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 7% against the previous month. As a result, the export price attained the peak level of $488 per cubic meter. From February 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($479 per cubic meter), while the average price for exports to India ($210 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 the Philippines (+0.3%), while the prices for the other major destinations experienced a decline.

MDF Price in New Zealand (CIF) - 2022

In 2022, the average MDF import price amounted to $754 per cubic meter, picking up by 16% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($2,435 per cubic meter), while the price for Germany ($541 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

MDF Exports in New Zealand

MDF exports from New Zealand soared to 706K cubic meters in 2022, jumping by 46% against 2021. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, MDF exports surged to $305M in 2022. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of MDF in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan10279.110417820.4%
United States14.316.218.333.733.1%
Vietnam19.419.917.027.612.5%
Indonesia10.39.712.622.429.6%
Philippines7.95.58.19.56.3%
China11.29.66.59.1-6.7%
Singapore4.53.04.26.915.3%
Others13.612.113.317.89.4%
Total18315518430518.6%

Top Export Markets for MDF from New Zealand in 2022:

  1. Japan (379.6K cubic meters)
  2. United States (72.2K cubic meters)
  3. Vietnam (72.0K cubic meters)
  4. Indonesia (59.4K cubic meters)
  5. China (26.5K cubic meters)
  6. Philippines (22.2K cubic meters)
  7. Singapore (20.4K cubic meters)

MDF Imports in New Zealand

In 2022, imports of MDF into New Zealand reduced to 19K cubic meters, falling by -4.7% compared with the year before. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% 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 +43.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of 20K cubic meters, and then dropped slightly in the following year.

In value terms, MDF imports stood at $14M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 +69.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of MDF in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.33.04.75.921.4%
Australia1.61.72.82.820.5%
China1.31.41.92.320.9%
Spain0.40.40.50.931.0%
Malaysia0.70.50.70.84.6%
Germany0.30.30.30.838.7%
Others0.91.01.90.7-8.0%
Total8.58.412.814.218.7%

Top Suppliers of MDF to New Zealand in 2022:

  1. Belgium (7.5K cubic meters)
  2. Australia (3.5K cubic meters)
  3. China (3.3K cubic meters)
  4. Germany (1.5K cubic meters)
  5. Spain (1.5K cubic meters)
  6. Malaysia (0.9K cubic meters)

Source: IndexBox Market Intelligence Platform

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

  • New Zealand

Data coverage:

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