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U.S. - MDF - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

U.S. - MDF - Market Analysis, Forecast, Size, Trends and Insights

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Aug 30, 2022

MDF Price June 2022

U.S. MDF Import Price June 2022

The average mdf import price stood at $655 per cubic meter in June 2022, reducing by -4.5% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in April 2022 an increase of 7.6% month-to-month. The import price peaked at $686 per cubic meter in May 2022, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($1,384 per cubic meter), while the price for Vietnam ($196 per cubic meter) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. MDF Import Prices by Type

Average prices varied somewhat amongst the major supplied products. In June 2022, the product with the highest price was medium density fibreboard (mdf), of a thickness exceeding 5 mm but not exceeding 9 mm ($702 per cubic meter), while the price for medium density fibreboard (mdf), of a thickness not exceeding 5 mm ($519 per cubic meter) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by medium density fibreboard (mdf), of a thickness exceeding 9 mm (+2.4%), while the prices for the other products experienced mixed trend patterns.

U.S. MDF Imports

In June 2022, imports of mdf into the United States stood at 279K cubic meters, almost unchanged from the previous month. In general, total imports indicated strong growth from January 2022 to June 2022: its volume increased at an average monthly rate of +8.7% over the last five-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, imports increased by +52.0% against January 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 28% against the previous month. Imports peaked in June 2022.

In value terms, mdf imports reduced to $183M (IndexBox estimates) in June 2022. Over the period under review, total imports indicated strong growth from January 2022 to June 2022: its value increased at an average monthly rate of +10.5% over the last five-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, imports increased by +64.8% against January 2022 indices. The pace of growth appeared the most rapid in March 2022 with an increase of 27% m-o-m. Imports peaked at $189M in May 2022, and then fell modestly in the following month.

U.S. MDF Imports by Type

In June 2022, medium density fibreboard (mdf), of a thickness exceeding 9 mm (206K cubic meters) constituted the largest type of mdf supplied to the United States, with a 74% share of total imports. Moreover, medium density fibreboard (mdf), of a thickness exceeding 9 mm exceeded the figures recorded for the second-largest type, medium density fibreboard (mdf), of a thickness exceeding 5 mm but not exceeding 9 mm (39K cubic meters), fivefold.

From January 2022 to June 2022, the average monthly growth rate of the volume of import of medium density fibreboard (mdf), of a thickness exceeding 9 mm amounted to +7.9%. With regard to the other supplied products, the following average monthly rates of growth were recorded: medium density fibreboard (mdf), of a thickness exceeding 5 mm but not exceeding 9 mm (+12.9% per month) and medium density fibreboard (mdf), of a thickness not exceeding 5 mm (+9.9% per month).

In value terms, medium density fibreboard (mdf), of a thickness exceeding 9 mm ($138M) constituted the largest type of mdf supplied to the United States, comprising 76% of total imports. The second position in the ranking was held by medium density fibreboard (mdf), of a thickness exceeding 5 mm but not exceeding 9 mm ($27M), with a 15% share of total imports.

U.S. MDF Imports by Country

Chile (71K cubic meters), Canada (60K cubic meters) and China (32K cubic meters) were the main suppliers of mdf imports to the United States, with a combined 58% share of total imports. Brazil, Germany, Vietnam, Turkey, Mexico, Austria and New Zealand lagged somewhat behind, together accounting for a further 33%.

From January 2022 to June 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +50.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($52M), Canada ($44M) and Germany ($19M) appeared to be the largest mdf suppliers to the United States, together comprising 63% of total imports. China, Brazil, Austria, Mexico, Turkey, Vietnam and New Zealand lagged somewhat behind, together comprising a further 28%.

In terms of the main suppliers, Turkey, with a CAGR of +31.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mdf market in the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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