Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $405 per ton, flattening at the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2021 when the average import price increased by 13% against the previous year. The import price peaked at $559 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Indonesia ($473,773 per ton), while the price for Romania ($95,846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.0%), while the prices for the other major suppliers experienced a decline.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $682 per ton in 2022, with a decrease of -15.8% against the previous year. Over the period under review, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 an increase of 79%. The export price peaked at $1,510 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
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 ($2,272,301 per ton), while the average price for exports to Qatar ($498,694 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 (+25.7%).
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait
In 2022, imports of medium density fibreboard (MDF) of thickness under 5 mm into Kuwait dropped to 17K tons, shrinking by -7.6% on 2021. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 120%. As a result, imports attained the peak of 18K tons, and then fell in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm shrank to $6.8M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 149%. As a result, imports reached the peak of $7.2M, and then declined in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,515 | 2,032 | 2,249 | 2,222 | 13.6% |
| China | 702 | 371 | 470 | 326 | -22.6% |
| Malaysia | 621 | 117 | 79.4 | 122 | -41.9% |
| Vietnam | 123 | 145 | 78.8 | 65.6 | -18.9% |
| Finland | N/A | N/A | N/A | 60.9 | 0% |
| Romania | 44.4 | 65.1 | 30.3 | 35.2 | -7.4% |
| Others | 471 | 183 | 4,330 | 3,934 | 102.9% |
| Total | 3,477 | 2,912 | 7,237 | 6,765 | 24.8% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Kuwait in 2022:
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait
Exports of medium density fibreboard (MDF) of thickness under 5 mm from Kuwait soared to 64 tons in 2022, picking up by 371% against 2021 figures. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,779% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm soared to $43K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,602% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Qatar | 1.7 | 3.7 | 5.1 | 73.2% | |
| Saudi Arabia | 3.9 | 7.3 | 1.7 | -34.0% | |
| United Arab Emirates | N/A | N/A | 1.5 | 0% | |
| China | N/A | N/A | N/A | 0% | |
| Others | N/A | N/A | 35.2 | 0% | |
| Total | 5.6 | 11.0 | 43.5 | 178.7% | |
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