Blog - MDF

UK's October 2023 Imports Plummet to $34 Million

Jan 8, 2024

During the review period, imports of MDF reached its highest point at 53M cubic meters in June 2023. However, from July to October 2023, imports were relatively lower. In terms of value, MDF imports decreased to $34M in October 2023.

Thailand's MDF Sees a 2% Price Surge, Reaching An Average of $243 per Cubic Meter.

Oct 4, 2023

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The price of MDF in July 2023 was $243 per cubic meter (FOB, Thailand), showing a 2.1% increase compared to the previous month.

Price of MDF Surges to $325 for Each Cubic Meter in Brazil

Aug 21, 2023

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The price of MDF, a type of wood product, was $325 per cubic meter (FOB, Brazil) in June 2023, showing no significant change compared to the previous month.

Canada's MDF Price Continues to Rise, Now Sitting at $963 per Cubic Meter following Two Straight Months of Growth

Jul 17, 2023

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In February 2023, the MDF price was $963 per cubic meter (CIF, Canada), a 4.9% increase compared to the previous month.

The Netherlands's MDF Price Falls Rapidly to $603 per Cubic Meter

Jun 14, 2023

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In February 2023, the mdf price amounted to $603 per cubic meter (CIF, Netherlands), reducing by -54.1% against the previous month.

China's MDF Export Decline Drastically to $51 Million in Feb 2023

Apr 19, 2023

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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.

Turning Wood Fiber into Gold: A Beginner's Guide to Starting an MDF Manufacturing Business

Feb 25, 2023

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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

MDF Price June 2022

Aug 30, 2022

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The average mdf import price stood at $655 per cubic meter in June 2022, reducing by -4.5% against the previous month

The Fall in Demand for Furniture Should Stop MDF Price Rally in the United States

Sep 2, 2021

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Prices for MDF in the U.S. continue to shoot up amid a shortage of the product and the high demand from the furniture industry. Other factors that led to the jump in prices include the high cost of woody materials and resins for manufacturing MDF as well as increasing container freight rates. Strong demand for the product has led to a spike in imports to the U.S.. High prices for MDF negatively affect furniture sales, which have been decreasing in recent months due to a slowdown in the construction boom noted at the first half of the year. The fall in demand for furniture, coupled with the beginning of a decline in the cost of wood raw materials should lead to a decrease in prices for MDF in the coming months.

Rapid Recovery of the Furniture Industry Restores the Turkish MDF Market from the Pandemic

Mar 11, 2021

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In May 2020, the MDF production began to grow rapidly and exceeded its pre-crisis level in July 2020. This was also relevant for the manufacture of furniture, which is the key downstream industry for the MDF market. If the country will return to pandemic-free life in 2021, Turkey's real GDP is projected to grow by about 3% per annum in the medium term, which is to create a positive background for future MDF growth. Increasing exports to countries with rising demand for MDF, e.g., the U.S., may potentially become an additional driver for the Turkish MDF industry.

Hampered by the Pandemic, the Global MDF Market to Pursue Only Measured Growth

Jan 29, 2021

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The global mdf market declined slightly to $45.9B in 2019, which is down by -4.8% against the previous year. This...

The EU MDF Market to Post Moderate But Steady Growth

Feb 27, 2020

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The revenue of the MDF market in the European Union amounted to $5.3B in 2018. Driven by increasing demand for MDF in the European Union, the market is expected to continue an upward consumption trend over the next decade.