Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the UK - 2024
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the UK (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the UK (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the UK
- Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the UK
Price for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the UK (CIF) - 2022
In 2022, the average import price for medium density fibreboard (MDF) of thickness under 5 mm amounted to $873 per ton, rising by 36% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Ireland ($607,986 per ton), while the price for Latvia ($362,038 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), 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 the UK (FOB) - 2022
The average export price for medium density fibreboard (MDF) of thickness under 5 mm stood at $586 per ton in 2022, growing by 107% against the previous year. In general, the export price continues to indicate a pronounced expansion. Over the period under review, the average export prices attained the maximum at $620 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,221,274 per ton), while the average price for exports to Sweden ($145,316 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 Israel (+35.3%), 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 the UK
In 2022, approx. 52K tons of medium density fibreboard (MDF) of thickness under 5 mm were imported into the UK; declining by -7.9% against the previous year. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of 57K tons, and then shrank in the following year.
In value terms, imports of medium density fibreboard (MDF) of thickness under 5 mm soared to $46M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 4.8 | 3.9 | 6.4 | 19.5 | 59.6% |
Spain | 4.1 | 3.5 | 5.7 | 8.2 | 26.0% |
Poland | 0.7 | 0.4 | 5.5 | 7.4 | 119.5% |
France | 1.8 | 1.8 | 2.3 | 2.9 | 17.2% |
Latvia | 19.0 | 17.6 | 11.5 | 2.8 | -47.2% |
Germany | 2.5 | 1.3 | 1.5 | 1.0 | -26.3% |
Hungary | 0.4 | 0.6 | 0.7 | 0.9 | 31.0% |
Others | 3.1 | 1.9 | 2.9 | 3.1 | 0.0% |
Total | 36.4 | 31.1 | 36.6 | 45.8 | 8.0% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm to the UK in 2022:
Exports of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the UK
In 2022, overseas shipments of medium density fibreboard (MDF) of thickness under 5 mm decreased by -55.3% to 4.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 192%. As a result, the exports reached the peak of 9.1K tons, and then reduced notably in the following year.
In value terms, exports of medium density fibreboard (MDF) of thickness under 5 mm declined to $2.4M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 170%. As a result, the exports attained the peak of $2.6M, and then dropped in the following year.
Export of Medium Density Fibreboard (MDF) of Thickness Under 5 Mm in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 12.8 | 1.9 | 817 | 1,397 | 377.9% |
Ireland | 504 | 348 | 356 | 235 | -22.5% |
France | 630 | 279 | 68.1 | 120 | -42.5% |
Sweden | 0.3 | 1.0 | 787 | 5.8 | 168.4% |
Others | 122 | 323 | 544 | 624 | 72.3% |
Total | 1,270 | 953 | 2,572 | 2,381 | 23.3% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness Under 5 Mm from the UK in 2022:
- Norway (6.3 tons)
- Ireland (0.6 tons)
- France (0.1 tons)
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As of May 2023, the cost of hardboard was $1,050 per cubic meter (CIF, United Kingdom), experiencing a decline of -7.1% compared to the previous month.
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