Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait - 2022
Contents:
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait (CIF) - 2022
- Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait (FOB) - 2022
- Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait
- Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait (CIF) - 2022
The average import price for medium density fibreboard (MDF) of thickness over 9 mm stood at $452 per ton in 2022, rising by 2.4% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by 6.9%. As a result, import price reached the peak level of $537 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($390,387 per ton), while the price for Malaysia ($135,630 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait (FOB) - 2022
In 2022, the average export price for medium density fibreboard (MDF) of thickness over 9 mm amounted to $887 per ton, declining by -19.8% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2017 an increase of 133%. Over the period under review, the average export prices hit record highs at $2,070 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($898,766 per ton), while the average price for exports to China amounted to $352,521 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait
Imports of medium density fibreboard (MDF) of thickness over 9 mm into Kuwait rose markedly to 41K tons in 2022, increasing by 8.6% compared with the previous year. Overall, imports, however, showed a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 9.4%.
In value terms, imports of medium density fibreboard (MDF) of thickness over 9 mm expanded significantly to $18M in 2022. Over the period under review, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
| Import of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 9.5 | 7.0 | 8.3 | 9.8 | 1.0% |
| China | 1.5 | 1.0 | 2.9 | 2.0 | 10.1% |
| Malaysia | 3.6 | 2.4 | 1.3 | 0.9 | -37.0% |
| Vietnam | 0.7 | 0.7 | 0.5 | 0.5 | -10.6% |
| Spain | 1.4 | 0.9 | 1.3 | 0.5 | -29.1% |
| Italy | 1.1 | 0.3 | 0.2 | 0.4 | -28.6% |
| India | 0.1 | N/A | 0.3 | 0.3 | 44.2% |
| Singapore | 0.7 | 0.5 | 0.3 | 0.2 | -34.1% |
| Others | 2.4 | 1.9 | 1.5 | 3.8 | 16.6% |
| Total | 20.9 | 14.6 | 16.5 | 18.3 | -4.3% |
Top Suppliers of Medium Density Fibreboard (MDF) of Thickness over 9 Mm to Kuwait in 2022:
Exports of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait
In 2022, approx. 136 tons of medium density fibreboard (MDF) of thickness over 9 mm were exported from Kuwait; with an increase of 121% against 2021 figures. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 299%. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of medium density fibreboard (MDF) of thickness over 9 mm skyrocketed to $121K in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 136%. Over the period under review, the exports of medium density fibreboard (MDF) of thickness over 9 mm attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Medium Density Fibreboard (MDF) of Thickness over 9 Mm in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.6 | 38.9 | 59.3 | 48.6 | 165.4% |
| China | 0.2 | 0.9 | 2.3 | 2.1 | 119.0% |
| Saudi Arabia | 13.8 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 3.2 | 6.4 | 69.8 | 245.0% |
| Total | 18.2 | 43.1 | 67.9 | 121 | 88.0% |
Top Export Markets for Medium Density Fibreboard (MDF) of Thickness over 9 Mm from Kuwait in 2022:
- United Arab Emirates (0.1 tons)
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