Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $684 per ton in 2022, growing by 26% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The import price peaked at $801 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 the United States ($966,482 per ton), while the price for Thailand ($396,573 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $864 per ton, picking up by 82% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The export price peaked at $3,073 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.4% per year.
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico
Imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm into Mexico shrank remarkably to 20K tons in 2022, declining by -50.7% against the previous year. In general, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports reached the peak of 40K tons, and then dropped sharply in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm contracted notably to $14M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of $22M, and then shrank dramatically in the following year.
Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.4 | 1.2 | 7.0 | 5.3 | 55.9% |
Brazil | 9.6 | 5.3 | 10.7 | 3.5 | -28.6% |
United States | 2.5 | 1.7 | 2.1 | 2.7 | 2.6% |
Thailand | 0.6 | 0.4 | N/A | 1.0 | 18.6% |
Germany | 5.3 | 6.2 | 1.9 | 0.9 | -44.6% |
Chile | N/A | 3.1 | N/A | N/A | 0% |
Others | 1.9 | 0.6 | 0.1 | N/A | -77.1% |
Total | 21.4 | 18.3 | 21.8 | 13.5 | -14.2% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to Mexico in 2022:
Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico
In 2022, shipments abroad of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -44.7% to 3.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. As a result, the exports attained the peak of 6.3K tons, and then dropped significantly in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm totaled $3M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.6 | 2.9 | 3.0 | 5.4 | 27.6% |
Others | N/A | N/A | N/A | -2.4 | 0% |
Total | 2.6 | 2.9 | 3.0 | 3.0 | 4.9% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from Mexico in 2022:
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During the review period, the import of Insulating Board reached its highest level of 2.8K cubic meters in March 2023. However, from April 2023 to August 2023, imports were unable to regain momentum. In terms of value, the imports of Insulating Board declined to $1.4M in August 2023.
From April 2023 to December 2023, the exports of Winding Wire failed to regain momentum, with a total value of $35M in December 2023.
In December 2022, there was no significant change in the cost of winding wire as the FOB price per ton remained at $10,055 in Mexico.
In December 2022, the winding wire price stood at $10.1 per kg in Mexico, remaining relatively stable against the previous month. The rate of growth in terms of prices for the United States amounted to -0.5% per month. In December 2022, winding wire exports from Mexico soared to 3.5K tons, with the United States being the main destination, accounting for approximately 99% share of total exports. The value of winding wire exports surged to $35M in December 2022.
In July 2022, the wire and cable price stood at $14.6 per kg (FOB, Mexico), jumping by 27% against the previous month.
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