Egypt: Mdf Market 2025

Mdf Market Size in Egypt

The Egyptian MDF market rose notably to $X in 2021, picking up by 6.4% against the previous year. In general, consumption continues to indicate resilient growth. Consumption peaked in 2021 and is likely to continue growth in the near future.

Mdf Production in Egypt

In value terms, MDF production rose notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 17%. Production peaked in 2021 and is expected to retain growth in the immediate term.

Mdf Exports

Exports from Egypt

After five years of growth, overseas shipments of MDF decreased by -9.2% to X cubic meters in 2021. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 170% against the previous year. The exports peaked at X cubic meters in 2020, and then fell in the following year.

In value terms, MDF exports rose notably to $X in 2021. Over the period under review, exports, however, saw a notable expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 113%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Turkey (X cubic meters) was the main destination for MDF exports from Egypt, accounting for a 38% share of total exports. Moreover, MDF exports to Turkey exceeded the volume sent to the second major destination, Morocco (X cubic meters), fourfold. Sudan (X cubic meters) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey totaled +46.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+11.8% per year) and Sudan (-1.8% per year).

In value terms, Turkey ($X) remains the key foreign market for MDF exports from Egypt, comprising 38% of total exports. The second position in the ranking was held by Sudan ($X), with an 11% share of total exports. It was followed by Syrian Arab Republic, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +51.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+16.4% per year) and Syrian Arab Republic (+8.1% per year).

Export Prices by Country

The average MDF export price stood at $X per cubic meter in 2021, picking up by 21% against the previous year. Overall, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, MDF export price increased by +80.3% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 30%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Syrian Arab Republic ($X per cubic meter), while the average price for exports to Brazil ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Mdf Imports

Imports into Egypt

In 2021, the amount of MDF imported into Egypt was estimated at X cubic meters, flattening at 2020 figures. In general, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 68% against the previous year. Imports peaked at X cubic meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, MDF imports soared to $X in 2021. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 53% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Thailand (X cubic meters), Turkey (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of MDF imports to Egypt, with a combined 68% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +64.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest MDF suppliers to Egypt were Thailand ($X), Turkey ($X) and Indonesia ($X), with a combined 70% share of total imports.

Turkey, with a CAGR of +65.0%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average MDF import price amounted to $X per cubic meter, with an increase of 16% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2017 to 2021, 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 Romania ($X per cubic meter), while the price for Israel ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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