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

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

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MDF Price in Uruguay - 2022

Contents:

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

MDF Price in Uruguay (CIF) - 2022

The average MDF import price stood at $510 per cubic meter in 2022, rising by 17% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached 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 Germany ($960 per cubic meter), while the price for Argentina ($460 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

MDF Price in Uruguay (FOB) - 2022

In 2022, the average MDF export price amounted to $40 per cubic meter, rising by 19% against the previous year. In general, the export price, however, recorded a deep contraction. The export price peaked at $357 per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($88 per cubic meter), while the average price for exports to Brazil ($18 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 (-13.6%), while the prices for the other major destinations experienced a decline.

MDF Imports in Uruguay

After three years of growth, supplies from abroad of MDF decreased by -1.9% to 33K cubic meters in 2022. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 8.5% against the previous year. As a result, imports reached the peak of 33K cubic meters, and then reduced slightly in the following year.

In value terms, MDF imports expanded markedly to $17M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; 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 22%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of MDF in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina7.16.47.99.610.6%
Brazil2.63.13.24.217.3%
Germany0.80.81.31.420.5%
China0.80.50.80.6-9.1%
Others1.11.01.30.8-10.1%
Total12.511.914.516.69.9%

Top Suppliers of MDF to Uruguay in 2022:

  1. Argentina (20.9K cubic meters)
  2. Brazil (8.6K cubic meters)
  3. Germany (1.5K cubic meters)
  4. China (0.7K cubic meters)

MDF Exports in Uruguay

After three years of growth, overseas shipments of MDF decreased by -8.3% to 63K cubic meters in 2022. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 20%. The exports peaked at 69K cubic meters in 2021, and then declined in the following year.

In value terms, MDF exports expanded significantly to $2.5M in 2022. Over the period under review, exports saw a abrupt shrinkage. Over the period under review, the exports reached the maximum at $3.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of MDF in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1,4231,2231,0501,136-7.2%
Colombia478432390444-2.4%
United States443402359410-2.5%
Ecuador394303232226-16.9%
Bolivia10090.979.289.5-3.6%
Chile10892.979.787.2-6.9%
Brazil70.754.742.341.1-16.5%
Others15714279.891.8-16.4%
Total3,1742,7402,3132,526-7.3%

Top Export Markets for MDF from Uruguay in 2022:

  1. Mexico (29.9K cubic meters)
  2. United States (10.9K cubic meters)
  3. Colombia (9.9K cubic meters)
  4. Chile (4.2K cubic meters)
  5. Ecuador (2.6K cubic meters)
  6. Brazil (2.3K cubic meters)
  7. Bolivia (1.5K cubic meters)

Source: IndexBox Market Intelligence Platform

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

  • Uruguay

Data coverage:

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