Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness under 5 mm stood at $556 per ton in 2022, increasing by 16% against the previous year. Overall, the import price, however, saw a slight setback. The import price peaked at $628 per ton in 2012; however, from 2013 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 New Zealand ($750,787 per ton), while the price for Indonesia ($345,607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+46.4%), 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 Hong Kong SAR (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $1,083 per ton, reducing by -7.6% against the previous year. In general, the export price, however, enjoyed a moderate increase. The growth pace was the most rapid in 2020 when the average export price increased by 146%. The export price peaked at $1,684 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($33,947,397 per ton), while the average price for exports to China stood at $1,009,093 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR
In 2022, imports of medium density fibreboard (MDF) of thickness under 5 mm into Hong Kong SAR soared to 3.3K tons, jumping by 42% compared with the previous year's figure. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 50%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm soared to $1.9M in 2022. In general, imports enjoyed 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 Under 5 Mm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 400 | 384 | 689 | 1,106 | 40.4% |
| Indonesia | 180 | 197 | 198 | 140 | -8.0% |
| Malaysia | 148 | 78.3 | 222 | 103 | -11.4% |
| New Zealand | 48.4 | 12.2 | 14.4 | 23.6 | -21.3% |
| Others | 256 | 83.7 | 1.3 | 479 | 23.2% |
| Total | 1,032 | 755 | 1,125 | 1,852 | 21.5% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Hong Kong SAR in 2022:
- China (1.7 tons)
- Indonesia (0.4 tons)
- Malaysia (0.3 tons)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR
In 2022, shipments abroad of medium density fibreboard (MDF) of thickness under 5 mm was finally on the rise to reach 69 tons after two years of decline. Overall, exports, however, saw a precipitous shrinkage.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm soared to $74K in 2022. In general, exports, however, continue to indicate a deep downturn.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 86.5 | 52.2 | 26.9 | 44.3 | -20.0% |
| Singapore | N/A | N/A | N/A | 2.2 | 0% |
| India | 6.9 | N/A | N/A | N/A | 0% |
| Philippines | N/A | 11.0 | N/A | N/A | 0% |
| Others | 2.4 | 2.7 | 0.3 | 27.9 | 126.5% |
| Total | 95.9 | 65.9 | 27.2 | 74.4 | -8.1% |
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