Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $748 per ton, picking up by 26% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($425,874 per ton) and India ($425,872 per ton), while the price for Malaysia ($425,872 per ton) and China ($425,872 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $682 per ton, jumping by 20% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 +41.9% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 30%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($354,488 per ton), while the average price for exports to Maldives ($354,488 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 Australia (-0.8%), while the prices for the other major destinations experienced a decline.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore
In 2022, after two years of decline, there was significant growth in purchases abroad of medium density fibreboard (MDF) of thickness under 5 mm, when their volume increased by 66% to 420 tons. Overall, imports, however, saw a deep reduction.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm surged to $314K in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 81.0 | 42.0 | 59.7 | 39.6 | -21.2% |
| New Zealand | 23.6 | 10.5 | 9.2 | 35.3 | 14.4% |
| United States | N/A | 25.4 | 0.1 | 30.6 | 9.8% |
| Malaysia | 46.7 | 34.8 | 33.3 | 28.7 | -15.0% |
| Poland | 8.2 | 15.5 | 22.7 | 15.7 | 24.2% |
| Italy | 19.3 | 19.3 | 17.8 | 12.2 | -14.2% |
| Sweden | N/A | N/A | N/A | 2.7 | 0% |
| Denmark | 72.0 | N/A | N/A | N/A | 0% |
| Others | 67.5 | 36.3 | 7.3 | 149 | 30.2% |
| Total | 318 | 184 | 150 | 314 | -0.4% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to Singapore in 2022:
- United States (0.1 tons)
- Malaysia (0.1 tons)
- China (0.1 tons)
- New Zealand (0.1 tons)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore
In 2022, after two years of decline, there was significant growth in shipments abroad of medium density fibreboard (MDF) of thickness under 5 mm, when their volume increased by 159% to 63 tons. In general, exports, however, showed a abrupt curtailment.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm soared to $43K in 2022. Overall, exports, however, continue to indicate a abrupt decrease.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 30.0 | 1.9 | 26.3 | 20.5 | -11.9% |
| Japan | N/A | N/A | N/A | 8.3 | 0% |
| Maldives | N/A | 0.2 | N/A | 1.5 | 173.9% |
| Thailand | N/A | N/A | 4.2 | 0.1 | -97.6% |
| Vietnam | 22.9 | 27.6 | N/A | N/A | 20.5% |
| Others | 0.2 | 0.2 | -16.6 | 12.6 | 297.9% |
| Total | 53.1 | 29.9 | 13.9 | 43.0 | -6.8% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from Singapore in 2022:
- Malaysia (0.1 tons)
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