Peru - MDF - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMDF Price in Peru - 2021
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MDF Price in Peru (CIF) - 2021
In April 2020, the average MDF import price amounted to $399 per cubic meter, dropping by -1.7% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in March 2020 an increase of 0.4% against the previous month. Over the period under review, average import prices reached the peak figure at $410 per cubic meter in January 2020; however, from February 2020 to April 2020, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($616 per cubic meter), while the price for Brazil ($338 per cubic meter) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Turkey (+0.7%), while the prices for the other major suppliers experienced a decline.
MDF Price in Peru (FOB) - 2022
In 2022, the average MDF export price amounted to $657 per cubic meter, shrinking by -6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 an increase of 24% against the previous year. Over the period under review, the average export prices attained the maximum at $821 per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($1,555 per cubic meter), while the average price for exports to Canada ($2 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
MDF Imports in Peru
After three years of growth, supplies from abroad of MDF decreased by -12.6% to 98K cubic meters in 2022. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of 112K cubic meters, and then declined in the following year.
In value terms, MDF imports declined to $37M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, imports attained the peak of $43M, and then declined in the following year.
| Import of MDF in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 9.3 | 11.4 | 13.7 | 12.4 | 10.1% |
| China | 3.3 | 2.4 | 6.4 | 7.6 | 32.1% |
| Chile | 10.0 | 8.4 | 7.4 | 5.9 | -16.1% |
| Turkey | 2.8 | 3.8 | 3.4 | 4.2 | 14.5% |
| Germany | 1.6 | 1.6 | 2.5 | 2.2 | 11.2% |
| Others | 5.0 | 4.4 | 9.2 | 5.0 | 0.0% |
| Total | 32.0 | 32.1 | 42.5 | 37.3 | 5.2% |
Top Suppliers of MDF to Peru in 2022:
- Brazil (40.4K cubic meters)
- China (17.9K cubic meters)
- Chile (15.1K cubic meters)
- Turkey (12.3K cubic meters)
- Germany (2.6K cubic meters)
MDF Exports in Peru
In 2022, shipments abroad of MDF decreased by -4.5% to 64 cubic meters for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, the exports attained the peak of 67 cubic meters, and then fell modestly in the following year.
In value terms, MDF exports contracted to $42K in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $47K, and then dropped in the following year.
| Export of MDF in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 24.7 | 34.9 | 38.6 | 37.1 | 14.5% |
| Bolivia | 9.4 | 1.4 | 4.8 | 3.1 | -30.9% |
| Panama | 2.8 | 0.4 | 1.3 | 0.8 | -34.1% |
| Dominican Republic | 2.0 | 0.1 | 0.7 | 0.8 | -26.3% |
| United States | 0.3 | N/A | 0.2 | 0.1 | -30.7% |
| China | 0.5 | N/A | 0.1 | 0.1 | -41.5% |
| Ecuador | 0.3 | N/A | N/A | 0.1 | -30.7% |
| France | N/A | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 3.0 | N/A | 1.5 | N/A | -29.3% |
| Total | 42.9 | 36.9 | 47.2 | 42.1 | -0.6% |
Top Export Markets for MDF from Peru in 2022:
- Chile (52.0 cubic meters)
- Panama (2.0 cubic meters)
- Bolivia (2.0 cubic meters)
- Canada (1.0 cubic meters)
- France (1.0 cubic meters)
- United States (1.0 cubic meters)
- China (1.0 cubic meters)
- Dominican Republic (1.0 cubic meters)
- Ecuador (1.0 cubic meters)
This report provides an in-depth analysis of the mdf market in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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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