Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $525 per ton, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($753,320 per ton), while the price for Brazil ($291,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.6%), 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 South Africa (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $990 per ton, rising by 14% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 +81.3% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($2,515,475 per ton), while the average price for exports to Lesotho ($484,026 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 Kenya (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa
After three years of growth, supplies from abroad of medium density fibreboard (MDF) of thickness under 5 mm decreased by -20.1% to 21K tons in 2022. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm reduced to $11M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of $12M, and then shrank in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.7 | 3.1 | 3.1 | 2.9 | 2.4% |
| Brazil | 0.8 | 0.8 | 1.0 | 2.1 | 37.9% |
| Ireland | 0.1 | 0.2 | 1.1 | 1.7 | 157.1% |
| Hungary | 1.2 | 1.9 | 2.6 | 1.7 | 12.3% |
| China | 0.4 | 0.6 | 1.4 | 1.1 | 40.1% |
| Malaysia | 1.9 | 1.4 | 1.9 | 0.8 | -25.0% |
| Poland | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
| Others | 0.8 | 0.6 | 0.6 | 0.3 | -27.9% |
| Total | 7.9 | 9.0 | 12.0 | 10.8 | 11.0% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to South Africa in 2022:
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa
Exports of medium density fibreboard (MDF) of thickness under 5 mm from South Africa totaled 3.6K tons in 2022, approximately mirroring the previous year's figure. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm skyrocketed to $3.5M in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 62.4 | 423 | 701 | 959 | 148.6% |
| Zimbabwe | 450 | 221 | 532 | 643 | 12.6% |
| Botswana | 319 | 228 | 423 | 415 | 9.2% |
| Namibia | 18.8 | 185 | 271 | 364 | 168.5% |
| Zambia | 218 | 193 | 291 | 294 | 10.5% |
| Kenya | 297 | 278 | 225 | 189 | -14.0% |
| Mozambique | 105 | 109 | 181 | 173 | 18.1% |
| Democratic Republic of the Congo | 3.1 | 4.1 | 14.4 | 168 | 278.4% |
| Lesotho | 14.9 | 18.3 | 42.6 | 110 | 94.7% |
| Malawi | 102 | 53.3 | 145 | 43.7 | -24.6% |
| Angola | 1.1 | 1.1 | 232 | 2.7 | 34.9% |
| Others | 4.8 | 19.0 | 17.8 | 177 | 232.8% |
| Total | 1,596 | 1,733 | 3,076 | 3,539 | 30.4% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from South Africa in 2022:
- Zimbabwe (0.9 tons)
- Botswana (0.8 tons)
- Namibia (0.7 tons)
- Zambia (0.5 tons)
- Swaziland (0.4 tons)
- Mozambique (0.3 tons)
- Kenya (0.3 tons)
- Lesotho (0.2 tons)
- Democratic Republic of the Congo (0.2 tons)
- Malawi (0.1 tons)
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