Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Nigeria - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Nigeria (CIF) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Nigeria
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Nigeria (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $759 per ton in 2022, surging by 7.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 97%. Over the period under review, average import prices reached the peak figure at $828 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($4,015,411 per ton), while the price for Poland ($76,973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+23.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Nigeria
In 2022, supplies from abroad of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -1.8% to 9.1K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. As a result, imports attained the peak of 55K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm rose markedly to $6.9M in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,027 | 777 | 755 | 756 | -9.7% |
| Thailand | 20.6 | 25.8 | 34.1 | 29.6 | 12.8% |
| Poland | 5.5 | 5.0 | 6.6 | 5.7 | 1.2% |
| Others | 12,072 | 18,938 | 5,723 | 6,078 | -20.4% |
| Total | 13,126 | 19,746 | 6,519 | 6,870 | -19.4% |
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