Ukraine - MDF - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Ukraine - MDF - Market Analysis, Forecast, Size, Trends and Insights

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MDF Price in Ukraine - 2023

Contents:

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

MDF Price in Ukraine (CIF) - 2022

In 2022, the average MDF import price amounted to $641 per cubic meter, jumping by 33% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, MDF import price increased by +79.6% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,069 per cubic meter), while the price for Belarus ($433 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

MDF Price in Ukraine (FOB) - 2022

In 2022, the average MDF export price amounted to $439 per cubic meter, picking up by 24% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, MDF export price increased by +82.1% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 42%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Moldova ($482 per cubic meter) and Lithuania ($470 per cubic meter), while the average price for exports to Slovakia ($395 per cubic meter) and Estonia ($416 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

MDF Imports in Ukraine

In 2022, the amount of MDF imported into Ukraine fell sharply to 120K cubic meters, with a decrease of -67.7% on the previous year. Overall, imports saw a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 7.6% against the previous year. As a result, imports reached the peak of 372K cubic meters, and then dropped significantly in the following year.

In value terms, MDF imports declined rapidly to $77M in 2022. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports reached the peak of $179M, and then fell remarkably in the following year.

Import of MDF in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland23.121.730.425.63.5%
Germany22.521.822.413.5-15.7%
Turkey4.88.018.513.139.7%
Belarus45.647.672.810.2-39.3%
China4.03.22.64.00.0%
Russia13.112.114.03.7-34.4%
Belgium5.55.35.72.8-20.2%
Romania0.91.57.71.826.0%
Others4.04.64.62.6-13.4%
Total12312617977.2-14.4%

Top Suppliers of MDF to Ukraine in 2022:

  1. Poland (39.3K cubic meters)
  2. Belarus (23.5K cubic meters)
  3. Turkey (17.9K cubic meters)
  4. Germany (16.0K cubic meters)
  5. China (7.7K cubic meters)
  6. Russia (7.6K cubic meters)
  7. Romania (2.8K cubic meters)
  8. Belgium (2.6K cubic meters)

MDF Exports in Ukraine

In 2022, shipments abroad of MDF decreased by -65.1% to 56K cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. As a result, the exports attained the peak of 162K cubic meters, and then declined notably in the following year.

In value terms, MDF exports dropped significantly to $25M in 2022. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 164%. As a result, the exports reached the peak of $58M, and then shrank rapidly in the following year.

Export of MDF in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1.31.99.95.460.7%
Czech Republic5.85.06.75.3-3.0%
Germany0.20.13.12.8141.0%
Moldova1.51.51.92.213.6%
Lithuania0.70.71.01.528.9%
Serbia1.21.21.51.32.7%
Finland0.61.02.01.122.4%
Romania1.00.80.91.00.0%
ItalyN/AN/AN/A0.70%
Hungary0.91.01.00.7-8.0%
Slovakia1.71.82.70.5-33.5%
EstoniaN/A1.34.70.4-44.5%
Belarus1.84.08.30.2-51.9%
Others1.61.513.91.84.0%
Total18.221.857.624.810.9%

Top Export Markets for MDF from Ukraine in 2022:

  1. Czech Republic (12.6K cubic meters)
  2. Poland (11.9K cubic meters)
  3. Germany (6.4K cubic meters)
  4. Moldova (4.5K cubic meters)
  5. Lithuania (3.2K cubic meters)
  6. Serbia (2.9K cubic meters)
  7. Romania (2.4K cubic meters)
  8. Finland (2.3K cubic meters)
  9. Hungary (1.6K cubic meters)
  10. Italy (1.5K cubic meters)
  11. Slovakia (1.4K cubic meters)
  12. Estonia (0.9K cubic meters)
  13. Belarus (0.8K cubic meters)

Source: IndexBox Market Intelligence Platform

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

  • Ukraine

Data coverage:

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