Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $405 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable descent. The growth pace was the most rapid in 2021 when the average import price increased by 29% against the previous year. The import price peaked at $519 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($473,441 per ton), while the price for Thailand ($217,955 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $647 per ton, growing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($941,133 per ton), while the average price for exports to Japan ($396,082 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 Vietnam (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea
In 2022, the amount of medium density fibreboard (MDF) of thickness under 5 mm imported into South Korea declined to 56K tons, standing approx. at the previous year's figure. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 2.4%.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm reduced modestly to $23M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of $23M, leveling off in the following year.
| Import of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 12.2 | 13.2 | 13.4 | 13.8 | 4.2% |
| China | 2.5 | 3.4 | 3.2 | 2.6 | 1.3% |
| Malaysia | 0.1 | 0.1 | 0.9 | 0.5 | 71.0% |
| Others | 5.8 | 0.4 | 5.1 | 5.7 | -0.6% |
| Total | 20.6 | 17.1 | 22.6 | 22.6 | 3.1% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to South Korea in 2022:
- Thailand (0.1K tons)
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea
In 2022, the amount of medium density fibreboard (MDF) of thickness under 5 mm exported from South Korea soared to 11K tons, increasing by 22% on the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm skyrocketed to $6.9M in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.8 | 4.5 | 3.8 | 4.5 | -2.1% |
| China | 0.4 | 0.4 | 0.4 | 0.1 | -37.0% |
| Others | 0.6 | 0.5 | 0.4 | 2.3 | 56.5% |
| Total | 5.7 | 5.4 | 4.6 | 6.9 | 6.6% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from South Korea in 2022:
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