Belgium - MDF - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMDF Price in Belgium - 2023
Contents:
- MDF Price in Belgium (FOB) - 2023
- MDF Price in Belgium (CIF) - 2023
- MDF Exports in Belgium
- MDF Imports in Belgium
MDF Price in Belgium (FOB) - 2023
In June 2023, the average MDF export price amounted to $1,024 per cubic meter, therefore, remained relatively stable against the previous month. In general, the export price, however, saw pronounced growth. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 235% m-o-m. As a result, the export price attained the peak level of $1,029 per cubic meter, leveling off in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($1,675 per cubic meter), while the average price for exports to the United States ($626 per cubic meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.
MDF Price in Belgium (CIF) - 2023
The average MDF import price stood at $506 per cubic meter in June 2023, with an increase of 7.4% against the previous month. In general, import price indicated mild growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, MDF import price decreased by -7.7% against March 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 66% month-to-month. Over the period under review, average import prices reached the peak figure at $591 per cubic meter in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($1,106 per cubic meter), while the price for France ($340 per cubic meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
MDF Exports in Belgium
In 2022, after three years of growth, there was significant decline in overseas shipments of MDF, when their volume decreased by -45% to 524K cubic meters. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. As a result, the exports attained the peak of 953K cubic meters, and then fell dramatically in the following year.
In value terms, MDF exports reduced rapidly to $460M in 2022. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports attained the peak of $741M, and then dropped sharply in the following year.
| Export of MDF in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 140 | 140 | 188 | 117 | -5.8% |
| Netherlands | 65.2 | 72.6 | 83.3 | 56.1 | -4.9% |
| United Kingdom | 64.1 | 62.2 | 76.0 | 45.4 | -10.9% |
| Italy | 23.0 | 17.7 | 25.4 | 28.8 | 7.8% |
| Spain | 45.0 | 38.2 | 51.7 | 24.6 | -18.2% |
| Sweden | 36.6 | 40.5 | 48.1 | 22.9 | -14.5% |
| Poland | 22.6 | 27.5 | 37.6 | 19.6 | -4.6% |
| United States | 17.9 | 9.5 | 20.7 | 14.9 | -5.9% |
| Germany | 17.5 | 15.0 | 18.4 | 14.9 | -5.2% |
| Norway | 10.8 | 9.0 | 10.7 | 12.1 | 3.9% |
| Australia | 14.6 | 15.6 | 17.3 | 8.6 | -16.2% |
| Denmark | 6.0 | 6.6 | 8.7 | 8.4 | 11.9% |
| Israel | 7.4 | 10.1 | 14.3 | 8.3 | 3.9% |
| Others | 108 | 102 | 141 | 78.8 | -10.0% |
| Total | 579 | 567 | 741 | 460 | -7.4% |
Top Export Markets for MDF from Belgium in 2022:
- Netherlands (107.9K cubic meters)
- France (101.4K cubic meters)
- United Kingdom (46.2K cubic meters)
- Italy (38.9K cubic meters)
- Sweden (23.5K cubic meters)
- Spain (22.4K cubic meters)
- United States (19.1K cubic meters)
- Germany (19.0K cubic meters)
- Poland (16.9K cubic meters)
- Norway (12.1K cubic meters)
- Israel (10.0K cubic meters)
- Denmark (8.2K cubic meters)
- Australia (8.1K cubic meters)
MDF Imports in Belgium
In 2022, approx. 359K cubic meters of MDF were imported into Belgium; waning by -28.3% against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of 501K cubic meters, and then fell markedly in the following year.
In value terms, MDF imports reduced dramatically to $146M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports reached the peak of $183M, and then contracted sharply in the following year.
| Import of MDF in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 40.1 | 32.1 | 46.4 | 54.4 | 10.7% |
| Germany | 34.6 | 33.4 | 37.8 | 29.0 | -5.7% |
| Netherlands | 14.0 | 14.1 | 20.3 | 20.3 | 13.2% |
| Russia | 4.6 | 4.5 | 19.6 | 9.7 | 28.2% |
| Luxembourg | 9.9 | 14.1 | 33.0 | 9.4 | -1.7% |
| Ireland | 4.3 | 4.0 | 6.0 | 6.5 | 14.8% |
| United Kingdom | 3.9 | 3.8 | 5.8 | 5.6 | 12.8% |
| Others | 4.0 | 6.4 | 14.3 | 11.5 | 42.2% |
| Total | 115 | 112 | 183 | 146 | 8.3% |
Top Suppliers of MDF to Belgium in 2022:
- France (132.6K cubic meters)
- Germany (90.8K cubic meters)
- Netherlands (50.4K cubic meters)
- Russia (27.9K cubic meters)
- Luxembourg (16.7K cubic meters)
- Ireland (10.6K cubic meters)
- United Kingdom (10.2K cubic meters)
This report provides an in-depth analysis of the mdf market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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