Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR - 2023
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR
- Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness from 5 to 9 mm stood at $2,001 per ton in 2022, growing by 66% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 87% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Belgium ($2,390,553 per ton), while the price for China ($747,371 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness from 5 to 9 mm amounted to $2,064 per ton, waning by -49.3% against the previous year. In general, the export price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 407% against the previous year. Over the period under review, the average export prices hit record highs at $26,938 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($1,771,012 per ton), while the average price for exports to Ecuador ($782,621 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 Gambia (+85.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR
In 2022, purchases abroad of medium density fibreboard (MDF) of thickness from 5 to 9 mm was finally on the rise to reach 121 tons after two years of decline. Overall, imports, however, showed a abrupt decrease.
In value terms, imports of medium density fibreboard (MDF) of thickness from 5 to 9 mm soared to $241K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 82.0 | 46.6 | 42.0 | 108 | 9.6% |
| Belgium | N/A | 38.8 | 26.3 | 26.2 | -17.8% |
| Germany | 10.1 | 3.4 | 1.9 | 2.9 | -34.0% |
| Spain | 7.7 | 8.9 | 39.6 | 1.5 | -42.0% |
| Singapore | 4.3 | 7.9 | N/A | N/A | 83.7% |
| Australia | 9.5 | 9.7 | N/A | N/A | 2.1% |
| Others | 95.2 | 47.2 | 12.7 | 103 | 2.7% |
| Total | 209 | 162 | 123 | 241 | 4.9% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm to Hong Kong SAR in 2022:
- China (0.1 tons)
Exports of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR
In 2022, overseas shipments of medium density fibreboard (MDF) of thickness from 5 to 9 mm decreased by -98.1% to 67 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 170% against the previous year. As a result, the exports attained the peak of 15 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of medium density fibreboard (MDF) of thickness from 5 to 9 mm contracted notably to $138 in 2022. In general, exports recorded a significant curtailment. The smallest decline of -36.8% was in 2020.
| Export of Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | N/A | N/A | 49.4 | 0% |
| Georgia | N/A | N/A | N/A | 8.9 | 0% |
| Madagascar | N/A | N/A | N/A | 6.9 | 0% |
| Fiji | N/A | N/A | N/A | 5.0 | 0% |
| Suriname | N/A | N/A | 1.8 | 1.6 | -11.1% |
| Bolivia | N/A | 18.5 | 18.1 | N/A | -2.2% |
| Sri Lanka | 23.2 | N/A | N/A | N/A | 0% |
| Malaysia | 37.4 | N/A | N/A | N/A | 0% |
| United States | 277 | 12.3 | N/A | N/A | -95.6% |
| Papua New Guinea | 88.3 | 35.9 | N/A | N/A | -59.3% |
| Gambia | N/A | 24.2 | N/A | N/A | 0% |
| Singapore | 35.4 | N/A | N/A | N/A | 0% |
| Netherlands | 5.4 | 0.2 | N/A | N/A | -96.3% |
| Others | -320.1 | 1.4 | -5.2 | -71.7 | -39.3% |
| Total | 146 | 92.5 | 14.7 | 0.1 | -91.2% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness from 5 To 9 Mm from Hong Kong SAR in 2022:
- Ecuador (63.0 kg)
- Madagascar (8.0 kg)
- Georgia (7.0 kg)
- Fiji (3.0 kg)
- Suriname (2.0 kg)
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