Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey (FOB) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $674 per ton, jumping by 18% against the previous year. Overall, the export price, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 28%. Over the period under review, the average export prices reached the maximum at $785 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($797,768 per ton), while the average price for exports to Iran ($387,642 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 Egypt (-0.5%), while the prices for the other major destinations experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $476 per ton in 2022, reducing by -27.9% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for medium density fibreboard (MDF) of thickness over 9 mm decreased by -35.0% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the maximum at $732 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,552,401 per ton), while the price for Iran ($437,724 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey
In 2022, after three years of growth, there was decline in shipments abroad of medium density fibreboard (MDF) of thickness over 9 mm, when their volume decreased by -4.4% to 697K tons. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 14%.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm rose notably to $470M in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 44%. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm hit record highs in 2022 and are likely to continue growth in the immediate term.
Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 50.4 | 49.3 | 116 | 48.5 | -1.3% |
Morocco | 9.3 | 14.9 | 52.9 | 27.7 | 43.9% |
Canada | 10.1 | 15.0 | 59.1 | 21.5 | 28.6% |
Tunisia | 20.1 | 19.1 | 38.3 | 19.1 | -1.7% |
Iran | 28.4 | 25.0 | 35.4 | 13.8 | -21.4% |
Egypt | 10.5 | 25.8 | 54.1 | 12.9 | 7.1% |
Russia | 4.4 | 7.1 | 27.3 | 10.3 | 32.8% |
Libya | 9.7 | 5.7 | 22.5 | 9.9 | 0.7% |
Romania | 7.5 | 9.2 | 23.8 | 9.6 | 8.6% |
Algeria | 9.1 | 12.4 | 20.9 | 8.7 | -1.5% |
United States | 1.2 | 2.9 | 10.7 | 8.1 | 89.0% |
Georgia | 7.0 | 6.7 | 17.7 | 7.3 | 1.4% |
Italy | 3.3 | 1.2 | 0.2 | 6.2 | 23.4% |
Others | 68.2 | 94.2 | -62.5 | 266 | 57.4% |
Total | 239 | 289 | 417 | 470 | 25.3% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Turkey in 2022:
- Morocco (0.1K tons)
- Iraq (0.1K tons)
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas purchases of medium density fibreboard (MDF) of thickness over 9 mm, which increased by 642% to 87K tons in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm soared to $42M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 236 | 454 | 446 | 6,082 | 195.4% |
Iran | 84.5 | 28.1 | 38.8 | 2,004 | 187.3% |
Romania | 1,375 | 3,143 | 3,035 | 716 | -19.5% |
Spain | 1,097 | 1,308 | 1,759 | 201 | -43.2% |
Belgium | 613 | 900 | 991 | 174 | -34.3% |
Germany | 531 | 314 | 470 | 69.0 | -49.3% |
Bulgaria | 0.7 | 42.3 | 1,286 | 11.7 | 155.7% |
Others | 605 | 1,036 | -240.4 | 32,351 | 276.7% |
Total | 4,544 | 7,225 | 7,785 | 41,609 | 109.2% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Turkey in 2022:
This report provides an in-depth analysis of the mdf market in Turkey.
This report provides an in-depth analysis of the fiberboard market in Turkey.
This report provides an in-depth analysis of the fibreboard market in Turkey.
This report provides an in-depth analysis of the hardboard market in Turkey.
This report provides an in-depth analysis of the insulating board market in Turkey.
This report provides an in-depth analysis of the wood-based panels market in Turkey.
This report provides an in-depth analysis of the winding wire market in Turkey.
This report provides an in-depth analysis of the cross cutting slitter market in Turkey.
This report provides an in-depth analysis of the paper guillotine market in Turkey.
This report provides an in-depth analysis of the reel cutting slitter market in Turkey.
In May 2020, the MDF production began to grow rapidly and exceeded its pre-crisis level in July 2020. This was also relevant for the manufacture of furniture, which is the key downstream industry for the MDF market. If the country will return to pandemic-free life in 2021, Turkey's real GDP is projected to grow by about 3% per annum in the medium term, which is to create a positive background for future MDF growth. Increasing exports to countries with rising demand for MDF, e.g., the U.S., may potentially become an additional driver for the Turkish MDF industry.
The Hardboard exports reached a peak of 348K cubic meters in 2022, but experienced a sharp decline the following year. In terms of value, Hardboard exports notably decreased to $184M in 2023.
In March 2023, the price of Hardboard was $647 per cubic meter (FOB, Turkey), showing a decrease of -1.7% compared to the previous month.
In September 2022, the insulating board price stood at $389 per cubic meter (FOB, Turkey), with an increase of 7.4% against the previous month.
In January 2023, the wire and cable price stood at $6,991 per ton (FOB, Turkey), surging by 5.3% against the previous month.
Explore the leading countries in the global MDF import market and the key statistics for 2023. Discover the trends and factors driving the demand for MDF in these top import markets.
Starting an MDF manufacturing business requires extensive planning, investment, and attention to quality control. This article provides a comprehensive guide to starting an MDF production plant, including the key steps, considerations, and best practices for success
The global mdf market declined slightly to $45.9B in 2019, which is down by -4.8% against the previous year. This...
Global MDF Market: In 2017, global MDF market amounted to X cubic meters, posting solid gains over the last ten years. Market volume expanded by an average annual rate +X% over the period from 2007 to 2017
Global MDF market amounted to X million cubic meters in 2016, posting solid gains over the last ten years. In value terms, the market stood at X billion USD, which was approx. at the level of 2015. After a decline by X% in 2009, the market recor