Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia - 2022

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia (CIF) - 2022
  2. Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia (FOB) - 2022
  3. Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia
  4. Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia

Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia (CIF) - 2022

In 2022, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $677 per ton, with an increase of 9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($488,283 per ton), while the price for Turkey ($311,119 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia (FOB) - 2022

In 2022, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $963 per ton, growing by 64% against the previous year. In general, the export price saw slight growth. The export price peaked at $2,161 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +19.6% per year.

Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia

For the third year in a row, Ethiopia recorded decline in overseas purchases of medium density fibreboard (MDF) of thickness over 9 mm, which decreased by -42.2% to 5.4K tons in 2022. Over the period under review, imports recorded a precipitous descent.

In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm contracted remarkably to $3.7M in 2022. Overall, imports continue to indicate a precipitous decrease. The smallest decline of -36.6% was in 2021.

Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.61.31.01.1-56.8%
Spain0.1N/AN/AN/A0%
Thailand0.3N/AN/AN/A0%
Turkey0.2N/AN/AN/A0%
Others0.27.84.72.5132.1%
Total14.49.15.83.7-36.4%

Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Ethiopia in 2022:

    Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia

    In 2022, after three years of growth, there was significant decline in shipments abroad of medium density fibreboard (MDF) of thickness over 9 mm, when their volume decreased by -83.6% to 1.3 tons. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 286%. As a result, the exports reached the peak of 8.2 tons, and then fell remarkably in the following year.

    In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm dropped sharply to $1.3K in 2022. In general, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 129%. As a result, the exports attained the peak of $4.8K, and then declined remarkably in the following year.

    Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Ethiopia (Thousand USD)
    COUNTRY20212022CAGR,
    2021-2022
    Estonia4.83.5-27.1%
    OthersN/A-2.20%
    Total4.81.3-72.9%

    Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Ethiopia in 2022:

    1. Estonia (6.0 kg)

    Source: IndexBox Market Intelligence Platform

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    Free Data: Medium density fibreboard (MDF), of a thickness exceeding 9 mm - Ethiopia