Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $480 per ton, with a decrease of -2.5% against the previous year. Over the period under review, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 159%. The import price peaked at $598 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 China ($492,073 per ton), while the price for South Africa ($290,607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $467 per ton in 2022, dropping by -31% against the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 191% against the previous year. Over the period under review, the average export prices hit record highs at $734 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Togo.
From 2012 to 2022, the rate of growth in terms of prices for Togo amounted to +6.1% per year.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana
Imports of medium density fibreboard (MDF) of thickness under 5 mm into Ghana soared to 1.5K tons in 2022, picking up by 16% against 2021 figures. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm amounted to $715K in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 101%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 165 | 450 | 580 | 463 | 41.0% |
| Germany | 10.7 | 12.8 | 26.6 | 43.1 | 59.1% |
| South Africa | 12.3 | 18.3 | 24.9 | 33.2 | 39.2% |
| Vietnam | 9.5 | 7.5 | 3.7 | 19.5 | 27.1% |
| Romania | 3.8 | 5.8 | 10.0 | 14.4 | 55.9% |
| Portugal | 16.9 | 25.1 | 18.1 | 8.7 | -19.9% |
| Turkey | 11.4 | 8.9 | 5.0 | 8.2 | -10.4% |
| Others | 46.2 | 26.4 | -33.4 | 124 | 39.0% |
| Total | 276 | 554 | 635 | 715 | 37.3% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Ghana in 2022:
- China (0.9 tons)
- South Africa (0.1 tons)
- Vietnam (0.1 tons)
- Germany (0.1 tons)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana
In 2022, overseas shipments of medium density fibreboard (MDF) of thickness under 5 mm decreased by -79.9% to 17 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 99%. As a result, the exports reached the peak of 86 tons, and then dropped markedly in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm shrank significantly to $8.1K in 2022. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 97%. As a result, the exports attained the peak of $59K, and then contracted notably in the following year.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 14.0 | 29.7 | 17.1 | 44.1 | 46.6% |
| Oman | N/A | N/A | 41.4 | N/A | 0% |
| Cote d'Ivoire | 3.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | -36.0 | 0% |
| Total | 17.1 | 29.7 | 58.5 | 8.1 | -22.0% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Ghana in 2022:
- Togo (0.1 tons)
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