Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China (FOB) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China (CIF) - 2022
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $833 per ton, surging by 29% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 under 5 mm increased by +35.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 the Philippines ($1,762,001 per ton), while the average price for exports to Algeria ($376,879 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 the Philippines (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $770 per ton, rising by 33% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 under 5 mm increased by +77.4% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Poland ($2,047,312 per ton), while the price for Vietnam ($300,185 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China
In 2022, approx. 244K tons of medium density fibreboard (MDF) of thickness under 5 mm were exported from China; waning by -21.7% compared with the previous year's figure. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 125%. As a result, the exports attained the peak of 311K tons, and then declined sharply in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm amounted to $203M in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 136% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.0 | 3.8 | 23.1 | 33.7 | 124.0% |
| Philippines | 0.9 | 0.4 | 13.0 | 20.1 | 181.6% |
| Mexico | 4.9 | 5.9 | 22.5 | 19.2 | 57.7% |
| Egypt | 2.4 | 3.4 | 8.6 | 16.1 | 88.6% |
| Nigeria | 17.5 | 16.1 | 40.6 | 10.9 | -14.6% |
| Japan | 4.4 | 4.2 | 5.1 | 7.3 | 18.4% |
| Taiwan (Chinese) | 2.1 | 3.1 | 7.7 | 6.9 | 48.7% |
| Algeria | 1.1 | 0.9 | 6.8 | 4.4 | 58.7% |
| United Arab Emirates | 1.2 | 0.6 | 1.7 | 3.0 | 35.7% |
| Spain | 0.1 | N/A | 0.1 | 3.0 | 210.7% |
| Democratic People's Republic of Korea | 1.9 | 0.3 | 0.7 | 2.9 | 15.1% |
| Tunisia | N/A | N/A | N/A | 2.8 | 0% |
| Peru | 0.1 | 0.3 | 2.9 | 2.3 | 184.4% |
| Others | 55.9 | 46.2 | 68.8 | 70.5 | 8.0% |
| Total | 95.4 | 85.3 | 202 | 203 | 28.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from China in 2022:
- Vietnam (0.1K tons)
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China
For the third year in a row, China recorded decline in purchases abroad of medium density fibreboard (MDF) of thickness under 5 mm, which decreased by -44.8% to 9K tons in 2022. Overall, imports continue to indicate a significant contraction. The smallest decline of -18.5% was in 2020.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm shrank notably to $6.9M in 2022. In general, imports saw a dramatic downturn. The smallest decline of -9% was in 2020.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 5.7 | 6.1 | 4.6 | 3.8 | -12.6% |
| Poland | 0.8 | 0.8 | 0.8 | 0.8 | 0.0% |
| Indonesia | 5.0 | 2.6 | 1.1 | 0.2 | -65.8% |
| Thailand | 2.3 | 1.7 | 0.3 | 0.2 | -55.7% |
| Australia | 1.6 | 3.9 | 0.2 | 0.1 | -60.3% |
| Malaysia | 0.6 | 0.1 | 0.4 | 0.1 | -45.0% |
| Vietnam | 1.1 | 0.2 | 0.4 | 0.1 | -55.0% |
| South Korea | 0.5 | 0.6 | 0.4 | 0.1 | -41.5% |
| Others | 1.1 | 1.0 | 1.3 | 1.4 | 8.4% |
| Total | 18.7 | 17.0 | 9.4 | 6.9 | -28.3% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to China in 2022:
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