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

Contents:

  1. Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Iraq (CIF) - 2022
  2. Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Iraq

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

In 2022, the average import price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $523 per ton, surging by 17% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $743 per ton in 2012; however, from 2013 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 Turkey ($353,146 per ton), while the price for Indonesia ($186,863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-0.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, supplies from abroad of medium density fibreboard (MDF) of thickness over 9 mm decreased by -14.6% to 187K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of 219K tons, and then contracted in the following year.

In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm shrank modestly to $98M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports of medium density fibreboard (MDF) of thickness over 9 mm increased by +54.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of $98M, leveling off in the following year.

Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey46.445.556.450.52.9%
Iran4.74.616.612.538.5%
China4.05.55.95.07.7%
Indonesia2.65.93.13.49.4%
Others5.75.516.426.667.1%
Total63.466.998.498.015.6%

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

  1. Turkey (0.1K tons)

Source: IndexBox Market Intelligence Platform

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