U.S. - MDF - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMDF Price in the United States - 2023
Contents:
- MDF Price in the United States (CIF) - 2023
- MDF Price in the United States (FOB) - 2023
- MDF Imports in the United States
- MDF Exports in the United States
MDF Price in the United States (CIF) - 2023
The average MDF import price stood at $519 per cubic meter in August 2023, surging by 2.4% against the previous month. In general, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in June 2023 an increase of 9.4% month-to-month. The import price peaked at $653 per cubic meter in September 2022; however, from October 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Canada ($609 per cubic meter), while the price for Indonesia ($59.3 per cubic meter) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
MDF Price in the United States (FOB) - 2023
In August 2023, the average MDF export price amounted to $295 per cubic meter, surging by 3.4% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 5.8% month-to-month. The export price peaked in August 2023.
Average prices varied somewhat for the major external markets. In August 2023, the country with the highest price was Mexico ($344 per cubic meter), while the average price for exports to Canada amounted to $259 per cubic meter.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.1%).
MDF Imports in the United States
For the fourth year in a row, the United States recorded growth in supplies from abroad of MDF, which increased by 18% to 2.8M cubic meters in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 26%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, MDF imports soared to $1.8B in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of MDF in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 236 | 226 | 261 | 520 | 30.1% |
| Canada | 243 | 232 | 303 | 405 | 18.6% |
| Germany | 168 | 179 | 171 | 202 | 6.3% |
| Brazil | 32.9 | 37.0 | 65.6 | 180 | 76.2% |
| China | 167 | 86.8 | 114 | 159 | -1.6% |
| Mexico | 12.3 | 10.8 | 22.4 | 40.4 | 48.6% |
| New Zealand | 21.7 | 15.1 | 16.3 | 24.0 | 3.4% |
| Others | 127 | 158 | 235 | 289 | 31.5% |
| Total | 1,009 | 946 | 1,189 | 1,819 | 21.7% |
Top Suppliers of MDF to the United States in 2022:
- Chile (729.5K cubic meters)
- Canada (571.5K cubic meters)
- Brazil (384.2K cubic meters)
- Germany (305.7K cubic meters)
- China (284.5K cubic meters)
- Mexico (81.3K cubic meters)
- New Zealand (58.2K cubic meters)
MDF Exports in the United States
In 2022, exports of MDF from the United States soared to 372K cubic meters, increasing by 18% compared with the previous year's figure. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, MDF exports rose markedly to $104M in 2022. Overall, exports, however, showed a pronounced curtailment. Over the period under review, the exports attained the maximum at $120M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of MDF in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 66.6 | 54.5 | 59.2 | 66.7 | 0.1% |
| Mexico | 43.8 | 23.0 | 28.3 | 32.8 | -9.2% |
| Others | 9.2 | 5.0 | 3.5 | 4.7 | -20.1% |
| Total | 120 | 82.4 | 91.0 | 104 | -4.7% |
Top Export Markets for MDF from the United States in 2022:
- Canada (257.3K cubic meters)
- Mexico (98.9K cubic meters)
This report provides an in-depth analysis of the mdf market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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