Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $425 per ton in 2022, surging by 6.4% against the previous year. In general, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. Over the period under review, average import prices attained the peak figure at $531 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,686,889 per ton), while the price for Thailand ($252,588 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $1,099 per ton, increasing by 18% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for medium density fibreboard (MDF) of thickness over 9 mm increased by +84.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 36%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,689,097 per ton), while the average price for exports to Taiwan (Chinese) ($404,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea
In 2022, approx. 49K tons of medium density fibreboard (MDF) of thickness over 9 mm were imported into South Korea; remaining constant against the previous year's figure. Over the period under review, imports showed a sharp decline.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm rose notably to $21M in 2022. In general, imports continue to indicate a abrupt decline.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 19.8 | 12.5 | 14.6 | 16.5 | -5.9% |
| China | 1.5 | 0.8 | 1.8 | 2.1 | 11.9% |
| Indonesia | 0.7 | 0.1 | 0.6 | 0.1 | -47.7% |
| New Zealand | 1.7 | 3.3 | 0.3 | 0.1 | -61.1% |
| India | 1.5 | N/A | N/A | N/A | 0% |
| Brazil | 1.5 | 0.5 | N/A | N/A | -66.7% |
| Others | 2.6 | 2.4 | 2.3 | 1.9 | -9.9% |
| Total | 29.4 | 19.7 | 19.5 | 20.7 | -11.0% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to South Korea in 2022:
- Thailand (0.1K tons)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea
For the third year in a row, South Korea recorded decline in shipments abroad of medium density fibreboard (MDF) of thickness over 9 mm, which decreased by -20.8% to 4.1K tons in 2022. Overall, exports continue to indicate a precipitous slump. The smallest decline of -6.9% was in 2021.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm reduced to $4.5M in 2022. In general, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 8.2%.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,106 | 948 | 1,383 | 982 | -3.9% |
| Mongolia | 203 | 170 | 652 | 832 | 60.0% |
| Japan | 1,333 | 629 | 670 | 536 | -26.2% |
| United Kingdom | 179 | 83.1 | 34.3 | 387 | 29.3% |
| United States | 328 | 203 | 131 | 275 | -5.7% |
| Norway | 121 | 31.2 | 4.3 | 274 | 31.3% |
| Sweden | 389 | 214 | 106 | 227 | -16.4% |
| Australia | 181 | 124 | 280 | 155 | -5.0% |
| Germany | 210 | 209 | 138 | 145 | -11.6% |
| Taiwan (Chinese) | 376 | 272 | 239 | 123 | -31.1% |
| China | 146 | 103 | 83.6 | 94.5 | -13.5% |
| South Africa | 64.1 | 35.0 | 51.2 | 83.2 | 9.1% |
| Kuwait | 588 | 345 | 50.9 | 27.7 | -63.9% |
| Others | 1,041 | 1,051 | 955 | 334 | -31.5% |
| Total | 6,266 | 4,416 | 4,778 | 4,474 | -10.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from South Korea in 2022:
- Mongolia (1.9 tons)
- Vietnam (1.4 tons)
- Japan (0.9 tons)
- United States (0.6 tons)
- Taiwan (Chinese) (0.3 tons)
- Sweden (0.2 tons)
- Norway (0.2 tons)
- Australia (0.1 tons)
- South Africa (0.1 tons)
- United Kingdom (0.1 tons)
- Germany (0.1 tons)
- China (0.1 tons)
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