Mexico - 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 Mexico - 2023
Contents:
- MDF Price in Mexico (CIF) - 2023
- MDF Price in Mexico (FOB) - 2023
- MDF Imports in Mexico
- MDF Exports in Mexico
MDF Price in Mexico (CIF) - 2023
The average MDF import price stood at $451 per cubic meter in June 2023, which is down by -1.9% against the previous month. Over the period under review, the import price showed a noticeable descent. The most prominent rate of growth was recorded in August 2022 an increase of 28% against the previous month. As a result, import price attained the peak level of $692 per cubic meter. From September 2022 to June 2023, the average import prices remained at a somewhat 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 the United States ($738 per cubic meter), while the price for China ($354 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 Thailand (0.0%), while the prices for the other major suppliers experienced a decline.
MDF Price in Mexico (FOB) - 2023
In June 2023, the average MDF export price amounted to $648 per cubic meter, shrinking by -3.4% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 378% against the previous month. The export price peaked at $882 per cubic meter in November 2022; however, from December 2022 to June 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.
MDF Imports in Mexico
MDF imports into Mexico shrank notably to 340K cubic meters in 2022, waning by -28.5% against the previous year. Over the period under review, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 114% against the previous year. As a result, imports reached the peak of 475K cubic meters, and then dropped rapidly in the following year.
In value terms, MDF imports contracted slightly to $187M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 77% against the previous year. As a result, imports reached the peak of $190M, and then dropped modestly in the following year.
| Import of MDF in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.4 | 9.0 | 72.3 | 70.9 | 103.6% |
| Brazil | 60.5 | 36.1 | 55.9 | 42.0 | -11.5% |
| United States | 22.4 | 17.0 | 26.4 | 31.0 | 11.4% |
| Chile | 22.2 | 19.4 | 16.8 | 22.0 | -0.3% |
| Thailand | 2.6 | 1.9 | 3.3 | 9.1 | 51.8% |
| Canada | 2.6 | 4.7 | 3.8 | 6.1 | 32.9% |
| Germany | 7.4 | 7.5 | 4.5 | 3.0 | -26.0% |
| Malaysia | 9.1 | 4.2 | 0.5 | N/A | -76.6% |
| Others | 8.3 | 8.2 | 6.8 | 3.4 | -25.7% |
| Total | 143 | 108 | 190 | 187 | 9.4% |
Top Suppliers of MDF to Mexico in 2022:
- China (163.3K cubic meters)
- Brazil (76.4K cubic meters)
- United States (36.8K cubic meters)
- Chile (31.4K cubic meters)
- Thailand (20.6K cubic meters)
- Canada (6.5K cubic meters)
- Germany (2.6K cubic meters)
MDF Exports in Mexico
For the fourth year in a row, Mexico recorded growth in shipments abroad of MDF, which increased by 55% to 66K cubic meters in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 90%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, MDF exports soared to $41M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of MDF in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.9 | 11.8 | 17.4 | 41.0 | 51.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 12.1 | 11.8 | 17.4 | 41.1 | 50.3% |
Top Export Markets for MDF from Mexico in 2022:
- United States (66.5K cubic meters)
This report provides an in-depth analysis of the mdf market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
858
This report provides an in-depth analysis of the mdf market in Mexico.
509
This report provides an in-depth analysis of the fiberboard market in Mexico.
518
This report provides an in-depth analysis of the fibreboard market in Mexico.
487
This report provides an in-depth analysis of the hardboard market in Mexico.
483
This report provides an in-depth analysis of the insulating board market in Mexico.
496
This report provides an in-depth analysis of the wood-based panels market in Mexico.
325
This report provides an in-depth analysis of the winding wire market in Mexico.
239
This report provides an in-depth analysis of the cross cutting slitter market in Mexico.
283
This report provides an in-depth analysis of the paper guillotine market in Mexico.
294
This report provides an in-depth analysis of the reel cutting slitter market in Mexico.
189
During the review period, the import of Insulating Board reached its highest level of 2.8K cubic meters in March 2023. However, from April 2023 to August 2023, imports were unable to regain momentum. In terms of value, the imports of Insulating Board declined to $1.4M in August 2023.
98
From April 2023 to December 2023, the exports of Winding Wire failed to regain momentum, with a total value of $35M in December 2023.
201
In December 2022, there was no significant change in the cost of winding wire as the FOB price per ton remained at $10,055 in Mexico.
200
In December 2022, the winding wire price stood at $10.1 per kg in Mexico, remaining relatively stable against the previous month. The rate of growth in terms of prices for the United States amounted to -0.5% per month. In December 2022, winding wire exports from Mexico soared to 3.5K tons, with the United States being the main destination, accounting for approximately 99% share of total exports. The value of winding wire exports surged to $35M in December 2022.
457
In July 2022, the wire and cable price stood at $14.6 per kg (FOB, Mexico), jumping by 27% against the previous month.
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.
1404
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...
5198
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
2859
Global MDF market amounted to X million cubic meters in 2016, posting solid gains over the last ten years. In value terms, the market stood at X billion USD, which was approx. at the level of 2015. After a decline by X% in 2009, the market recor
