Report Update Apr 1, 2024

Slovakia - MDF - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Mdf Market 2024

Mdf Market Size in Slovakia

The Slovak MDF market surged to $X in 2021, with an increase of 61% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mdf Exports

Exports from Slovakia

In 2021, approx. X cubic meters of MDF were exported from Slovakia; increasing by 5.3% against 2020 figures. In general, exports showed tangible growth. The most prominent rate of growth was recorded in 2016 with an increase of 136%. Over the period under review, the exports reached the peak figure at X cubic meters in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, MDF exports soared to $X in 2021. Overall, exports, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 128% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X cubic meters) was the main destination for MDF exports from Slovakia, with a 71% share of total exports. Moreover, MDF exports to the Czech Republic exceeded the volume sent to the second major destination, Poland (X cubic meters), fivefold. Ukraine (X cubic meters) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic stood at +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+39.2% per year) and Ukraine (+3.4% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for MDF exports from Slovakia, comprising 61% of total exports. The second position in the ranking was taken by Hungary ($X), with a 15% share of total exports. It was followed by Poland, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic totaled -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+6.1% per year) and Poland (+27.4% per year).

Export Prices by Country

The average MDF export price stood at $X per cubic meter in 2021, growing by 48% against the previous year. In general, the export price, however, showed a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2021, 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 Hungary ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

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Mdf Imports

Imports into Slovakia

In 2021, imports of MDF into Slovakia soared to X cubic meters, picking up by 39% on the previous year's figure. Overall, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, MDF imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X cubic meters) constituted the largest supplier of MDF to Slovakia, with a 38% share of total imports. Moreover, MDF imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X cubic meters), twofold. The third position in this ranking was held by Poland (X cubic meters), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+4.0% per year) and Poland (+3.8% per year).

In value terms, Germany ($X), the Czech Republic ($X) and Poland ($X) constituted the largest MDF suppliers to Slovakia, together accounting for 66% of total imports. These countries were followed by Austria, Hungary, Ukraine, Romania and Italy, which together accounted for a further 26%.

In terms of the main suppliers, Romania, with a CAGR of +77.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average MDF import price amounted to $X per cubic meter, surging by 26% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $X per cubic meter in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per cubic meter), while the price for Ukraine ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mdf in the world?

China constituted the country with the largest volume of MDF consumption, accounting for 51% of total volume. Moreover, MDF consumption in China exceeded the figures recorded by the second-largest consumer, Brazil, tenfold. The third position in this ranking was taken by the United States, with a 4.4% share.

What are the largest producers of mdf in the world?

The country with the largest volume of MDF production was China, accounting for 54% of total volume. Moreover, MDF production in China exceeded the figures recorded by the second-largest producer, Brazil, tenfold. Turkey ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of mdf to Slovakia?

In value terms, Germany, the Czech Republic and Poland appeared to be the largest MDF suppliers to Slovakia, with a combined 66% share of total imports. Austria, Hungary, Ukraine, Romania and Italy lagged somewhat behind, together accounting for a further 26%.

What are the leading importers of mdf from Slovakia?

In value terms, the Czech Republic remains the key foreign market for MDF exports from Slovakia, comprising 61% of total exports. The second position in the ranking was taken by Hungary, with a 15% share of total exports. It was followed by Poland, with a 13% share.

What is the average export price for mdf in Slovakia?

In 2021, the average MDF export price amounted to $507 per cubic meter, increasing by 48% against the previous year.

What is the average import price for mdf in Slovakia?

In 2021, the average MDF import price amounted to $474 per cubic meter, jumping by 26% against the previous year.

This report provides an in-depth analysis of the mdf market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1648 - MDF/HDF

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023