Report Update Nov 1, 2024

Myanmar - MDF - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Mdf Market 2024

Mdf Market Size in Myanmar

In 2021, the Myanmar's MDF market decreased by -36.8% to $X, falling for the third consecutive year after seven years of growth. In general, consumption, however, continues to indicate resilient growth. Consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Mdf Exports

Exports from Myanmar

MDF exports from Myanmar surged to X cubic meters in 2013, growing by 19% against 2012 figures. The total export volume increased at an average annual rate of +19.0% over the period from 2012 to 2013; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, MDF exports surged to $X in 2013. Overall, total exports indicated a significant expansion from 2012 to 2013: its value increased at an average annual rate of +58.8% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

From 2012 to 2020, the average annual growth rate of volume to No country was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to No country was relatively modest.

Export Prices by Country

In 2013, the average MDF export price amounted to $X per cubic meter, with an increase of 33% against the previous year. Over the last one-year period, it increased at an average annual rate of +33.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2013, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.

Mdf Imports

Imports into Myanmar

In 2021, supplies from abroad of MDF decreased by -37.4% to X cubic meters, falling for the third consecutive year after seven years of growth. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by 129% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, MDF imports shrank sharply to $X in 2021. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 130%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X cubic meters), Thailand (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of MDF imports to Myanmar, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +36.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest MDF suppliers to Myanmar were China ($X), Thailand ($X) and Indonesia ($X), together comprising 94% of total imports.

Among the main suppliers, Indonesia, with a CAGR of +37.0%, recorded 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.

Import Prices by Country

The average MDF import price stood at $X per cubic meter in 2021, approximately equating the previous year. Over the period under review, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 2.4%. As a result, import price attained the peak level of $X per cubic meter. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per cubic meter), while the price for Indonesia ($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 Indonesia (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mdf in the world?

China remains the largest mdf consuming country worldwide, comprising approx. 51% of total volume. Moreover, mdf consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. The third position in this ranking was occupied by Brazil, with a 4.1% share.

What are the largest producers of mdf in the world?

China constituted the country with the largest volume of mdf production, accounting for 52% of total volume. Moreover, mdf production in China exceeded the figures recorded by the second-largest producer, Brazil, more than tenfold. Turkey ranked third in terms of total production with a 4.6% share.

What are the leading suppliers of mdf to Myanmar?

In value terms, China constituted the largest supplier of mdf to Myanmar, comprising 67% of total imports. The second position in the ranking was occupied by Thailand, with a 29% share of total imports.

What are the leading importers of mdf from Myanmar?

In value terms, China remains the key foreign market for mdf exports from Myanmar.

What is the average export price for mdf in Myanmar?

In 2020, the average mdf export price amounted to $1,819 per cubic meter, therefore, remained relatively stable against the previous year.

What is the average import price for mdf in Myanmar?

In 2021, the average mdf import price amounted to $400 per cubic meter, rising by 21% against the previous year.

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

Myanmar

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023