Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $905 per ton in 2022, rising by 9.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2021 an increase of 21%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($719,481 per ton), while the price for Russia ($331,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.9%), 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 the UK (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $951 per ton, growing by 2.1% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 27%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($5,109,515 per ton), while the average price for exports to Luxembourg ($225,255 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 (+34.3%), 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 the UK
In 2022, approx. 376K tons of medium density fibreboard (MDF) of thickness over 9 mm were imported into the UK; increasing by 8.6% on the previous year. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm soared to $340M in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 58% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 84.2 | 66.3 | 117 | 46.4 | -18.0% |
Germany | 37.1 | 32.2 | 43.1 | 17.5 | -22.2% |
Spain | 23.1 | 18.9 | 31.5 | 15.1 | -13.2% |
China | 6.9 | 11.3 | 16.8 | 7.5 | 2.8% |
Belgium | 21.3 | 18.6 | 22.7 | 6.5 | -32.7% |
Portugal | 6.1 | 5.2 | 9.3 | 4.3 | -11.0% |
Russia | 6.8 | 11.0 | 9.0 | 1.0 | -47.2% |
Others | 16.9 | 17.5 | 35.6 | 242 | 142.8% |
Total | 202 | 181 | 285 | 340 | 19.0% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to the UK in 2022:
- Ireland (0.1K tons)
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK
In 2022, exports of medium density fibreboard (MDF) of thickness over 9 mm from the UK shrank modestly to 24K tons, approximately mirroring the year before. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. As a result, the exports reached the peak of 24K tons, leveling off in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm rose slightly to $22M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports of medium density fibreboard (MDF) of thickness over 9 mm increased by +63.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 7.8 | 6.5 | 11.1 | 8.0 | 0.8% |
Belgium | 3.2 | 3.5 | 4.7 | 6.5 | 26.6% |
United States | 0.3 | 2.4 | 2.1 | 3.4 | 124.6% |
Netherlands | 1.4 | 0.7 | 1.4 | 1.3 | -2.4% |
Germany | N/A | N/A | 0.6 | 1.3 | 116.7% |
France | N/A | 0.3 | 0.4 | 0.6 | 41.4% |
Luxembourg | 0.1 | 0.6 | N/A | 0.3 | 44.2% |
Others | 0.9 | 0.5 | 1.7 | 1.0 | 3.6% |
Total | 13.7 | 14.6 | 22.0 | 22.4 | 17.8% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from the UK in 2022:
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During the review period, imports of MDF reached its highest point at 53M cubic meters in June 2023. However, from July to October 2023, imports were relatively lower. In terms of value, MDF imports decreased to $34M in October 2023.
In June 2023, imports of Fiberboard reached a high point at 380K cubic meters. However, starting from July to August 2023, imports stayed at a lower level. In terms of value, Fiberboard imports slightly declined to $50M in August 2023.
As of May 2023, the cost of hardboard was $1,050 per cubic meter (CIF, United Kingdom), experiencing a decline of -7.1% compared to the previous month.
In June 2023, the import of Insulating Board reached its peak, with an impressive increase in value to $2.4M.
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