
Qatar - MDF - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQatar Sees a 6% Rise in Imports, Reaching $1.9M in October 2023
Qatar MDF Imports
MDF imports into Qatar stood at 4.9K cubic meters in October 2023, almost unchanged from September 2023. Over the period under review, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in December 2022 with an increase of 138% m-o-m. Over the period under review, imports hit record highs at 9.6K cubic meters in October 2022; however, from November 2022 to October 2023, imports failed to regain momentum.
In value terms, MDF imports expanded markedly to $1.9M (IndexBox estimates) in October 2023. Overall, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in December 2022 when imports increased by 81% m-o-m. Over the period under review, imports attained the peak figure at 3.5M cubic meters in October 2022; however, from November 2022 to October 2023, imports stood at a somewhat lower figure.
COUNTRY | Import Value of MDF in Qatar (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
Thailand | 2,382 | 318 | 1,002 | 1,070 | 1,197 | 1,324 | 1,284 | 791 | 1,447 | 1,171 | 912 | 1,196 | 906 |
China | 383 | 433 | 634 | 546 | 252 | 265 | 166 | 423 | 72.4 | 473 | 538 | 206 | 509 |
Malaysia | 326 | 121 | 63.7 | 112 | N/A | 67.0 | 44.6 | 103 | 16.8 | 78.6 | 34.2 | 16.3 | 225 |
Turkey | 82.0 | 39.4 | 432 | 308 | 40.0 | 197 | 31.3 | 132 | 58.9 | 77.8 | 293 | 95.7 | 140 |
Others | 376 | 349 | 154 | 164 | 54.1 | 287 | 147 | 209 | 298 | 365 | 278 | 290 | 126 |
Total | 3,549 | 1,260 | 2,286 | 2,200 | 1,543 | 2,139 | 1,673 | 1,657 | 1,893 | 2,166 | 2,055 | 1,803 | 1,906 |
Imports by Country
In October 2023, Thailand (2.6K cubic meters) constituted the largest MDF supplier to Qatar, accounting for a 53% share of total imports. Moreover, MDF imports from Thailand exceeded the figures recorded by the second-largest supplier, China (1.1K cubic meters), twofold. The third position in this ranking was held by Malaysia (751 cubic meters), with a 15% share.
From October 2022 to October 2023, the average monthly growth rate of volume from Thailand amounted to -8.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+1.1% per month) and Malaysia (-2.9% per month).
In value terms, Thailand ($906K), China ($509K) and Malaysia ($225K) constituted the largest MDF suppliers to Qatar, with a combined 86% share of total imports. Turkey lagged somewhat behind, comprising a further 7.4%.
Turkey, with a CAGR of +4.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Imports by Type
In October 2023, medium density fibreboard (MDF) of thickness over 9 mm (4K cubic meters) constituted the largest type of MDF supplied to Qatar, accounting for a 82% share of total imports. Moreover, medium density fibreboard (MDF) of thickness over 9 mm exceeded the figures recorded for the second-largest type, medium density fibreboard (MDF) of thickness from 5 to 9 mm (813 cubic meters), fivefold.
From October 2022 to October 2023, the average monthly rate of growth in terms of the volume of import of medium density fibreboard (MDF) of thickness over 9 mm stood at -4.3%. With regard to the other supplied products, the following average monthly rates of growth were recorded: medium density fibreboard (MDF) of thickness from 5 to 9 mm (-8.1% per month) and medium density fibreboard (MDF) of thickness under 5 mm (-18.0% per month).
In value terms, medium density fibreboard (MDF) of thickness over 9 mm ($1.6M) constituted the largest type of MDF supplied to Qatar, comprising 83% of total imports. The second position in the ranking was held by medium density fibreboard (MDF) of thickness from 5 to 9 mm ($311K), with a 16% share of total imports.
Import Prices by Country
In October 2023, the mdf price stood at $391 per cubic meter (CIF, Qatar), picking up by 5.3% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 28% m-o-m. As a result, import price attained the peak level of $470K per thousand cubic meters. From December 2022 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($544 per cubic meter), while the price for Malaysia ($299 per cubic meter) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the mdf market in Qatar. 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:
- Qatar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Qatar
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024