China - MDF - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMDF Price in China - 2023
Contents:
- MDF Price in China (FOB) - 2023
- MDF Price in China (CIF) - 2022
- MDF Exports in China
- MDF Imports in China
MDF Price in China (FOB) - 2023
The average MDF export price stood at $424 per cubic meter in June 2023, declining by -2.2% against the previous month. In general, the export price showed a mild decline. The most prominent rate of growth was recorded in November 2022 an increase of 13% m-o-m. Over the period under review, the average export prices attained the peak figure at $529 per cubic meter in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($867 per cubic meter), while the average price for exports to Saudi Arabia ($261 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 the United States (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
MDF Price in China (CIF) - 2022
In 2022, the average MDF import price amounted to $836 per cubic meter, picking up by 10% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, MDF import price increased by +46.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 33% against the previous year. The import price peaked in 2022 and is expected to retain 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 Italy ($1,851 per cubic meter), while the price for Malaysia ($125 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
MDF Exports in China
MDF exports from China reduced to 4.8M cubic meters in 2022, which is down by -9.3% against 2021. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, the exports reached the peak of 5.3M cubic meters, and then shrank in the following year.
In value terms, MDF exports totaled $2.2B in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of MDF in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 135 | 86.8 | 107 | 140 | 1.2% |
| Nigeria | 107 | 109 | 105 | 84.3 | -7.6% |
| Saudi Arabia | 35.1 | 38.1 | 60.9 | 74.9 | 28.7% |
| Vietnam | 20.0 | 27.5 | 90.3 | 74.3 | 54.9% |
| United Arab Emirates | 41.4 | 21.9 | 45.3 | 57.5 | 11.6% |
| Mexico | 11.4 | 15.6 | 81.7 | 56.1 | 70.1% |
| Canada | 33.9 | 40.2 | 51.6 | 40.7 | 6.3% |
| Uzbekistan | 35.2 | 29.3 | 25.0 | 38.9 | 3.4% |
| Australia | 31.9 | 35.8 | 34.0 | 35.6 | 3.7% |
| Egypt | 7.5 | 10.6 | 26.9 | 32.6 | 63.2% |
| Russia | 49.9 | 40.4 | 41.8 | 24.0 | -21.7% |
| Jordan | 7.8 | 12.1 | 22.9 | 21.2 | 39.6% |
| Algeria | 4.0 | 3.0 | 14.9 | 16.0 | 58.7% |
| Others | 1,161 | 1,019 | 1,499 | 1,515 | 9.3% |
| Total | 1,681 | 1,489 | 2,206 | 2,211 | 9.6% |
Top Export Markets for MDF from China in 2022:
- Saudi Arabia (250.2K cubic meters)
- Nigeria (237.4K cubic meters)
- Vietnam (210.0K cubic meters)
- United Arab Emirates (187.3K cubic meters)
- United States (183.2K cubic meters)
- Mexico (167.2K cubic meters)
- Egypt (88.2K cubic meters)
- Uzbekistan (77.6K cubic meters)
- Canada (66.8K cubic meters)
- Jordan (58.5K cubic meters)
- Algeria (57.4K cubic meters)
- Russia (49.8K cubic meters)
- Australia (49.6K cubic meters)
MDF Imports in China
In 2022, the amount of MDF imported into China fell remarkably to 179K cubic meters, which is down by -35% on 2021. Overall, imports faced a precipitous curtailment. The smallest decline of -5.2% was in 2021. Imports peaked at 363K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, MDF imports declined notably to $150M in 2022. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, imports attained the peak of $210M, and then shrank significantly in the following year.
| Import of MDF in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.5 | 19.5 | 33.3 | 19.9 | -7.9% |
| Belgium | 17.8 | 12.9 | 19.9 | 14.2 | -7.3% |
| Spain | 7.3 | 8.0 | 15.1 | 11.0 | 14.6% |
| New Zealand | 14.6 | 13.2 | 9.7 | 9.5 | -13.3% |
| Switzerland | 7.5 | 7.6 | 8.1 | 4.3 | -16.9% |
| Poland | 2.2 | 1.5 | 3.3 | 3.7 | 18.9% |
| Thailand | 3.9 | 2.0 | 1.2 | 1.8 | -22.7% |
| Russia | 0.6 | 0.9 | 0.6 | 1.6 | 38.7% |
| Australia | 4.0 | 5.5 | 0.6 | 1.0 | -37.0% |
| Romania | 0.7 | 0.6 | 1.4 | 0.9 | 8.7% |
| Indonesia | 6.3 | 3.8 | 1.9 | 0.7 | -51.9% |
| Malaysia | 1.1 | 0.4 | 0.9 | 0.3 | -35.2% |
| Vietnam | 1.8 | 0.5 | 0.5 | 0.2 | -51.9% |
| Others | 114 | 90.1 | 113 | 80.9 | -10.8% |
| Total | 207 | 166 | 210 | 150 | -10.2% |
Top Suppliers of MDF to China in 2022:
- Germany (22.2K cubic meters)
- New Zealand (19.9K cubic meters)
- Belgium (10.6K cubic meters)
- Spain (8.7K cubic meters)
- Thailand (4.7K cubic meters)
- Switzerland (4.6K cubic meters)
- Poland (3.6K cubic meters)
- Malaysia (2.5K cubic meters)
- Australia (2.0K cubic meters)
- Romania (1.8K cubic meters)
- Russia (1.8K cubic meters)
- Indonesia (1.1K cubic meters)
- Vietnam (0.5K cubic meters)
This report provides an in-depth analysis of the mdf market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
- 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
-
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
-
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
-
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
-
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
2250
This report provides an in-depth analysis of the mdf market in China.
575
This report provides an in-depth analysis of the fiberboard market in China.
433
This report provides an in-depth analysis of the fibreboard market in China.
694
This report provides an in-depth analysis of the hardboard market in China.
423
This report provides an in-depth analysis of the insulating board market in China.
1022
This report provides an in-depth analysis of the wood-based panels market in China.
350
This report provides an in-depth analysis of the winding wire market in China.
363
This report provides an in-depth analysis of the cross cutting slitter market in China.
248
This report provides an in-depth analysis of the paper guillotine market in China.
341
This report provides an in-depth analysis of the reel cutting slitter market in China.
233
In February 2023, the price of mdf was $412 per cubic meter (FOB, China), which was a decrease of 8.1% compared to the previous month.
1073
The revenue of the mdf market in China amounted to $19B in 2017, coming down by -8.8% against the previous year. This figu...
338
In value terms, fiberboard exports surged to $96M in March 2023.
299
Exports of Hardboard reached a value of $7.4M in June 2023.
229
In April 2023, the winding wire price amounted to $7,292 per ton (FOB, China), waning by -6.1% against the previous month.
847
In value terms, wire and cable exports surged to $2.5B in March 2023.
86
Explore the leading countries in the global MDF import market and the key statistics for 2023. Discover the trends and factors driving the demand for MDF in these top import markets.
1407
Starting an MDF manufacturing business requires extensive planning, investment, and attention to quality control. This article provides a comprehensive guide to starting an MDF production plant, including the key steps, considerations, and best practices for success
875
The global mdf market declined slightly to $45.9B in 2019, which is down by -4.8% against the previous year. This...
5201
Global MDF Market: In 2017, global MDF market amounted to X cubic meters, posting solid gains over the last ten years. Market volume expanded by an average annual rate +X% over the period from 2007 to 2017
