Report Update Nov 1, 2024

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

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U.S.: Mdf Market 2024

Mdf Market Size in the U.S.

In 2021, the U.S. MDF market increased by 11% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Mdf Production in the U.S.

In value terms, MDF production dropped to $X in 2021. Overall, production saw a noticeable slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Mdf Exports

Exports from the U.S.

In 2021, mdf exports from the United States skyrocketed to X cubic meters, growing by 45% against the previous year's figure. Overall, exports, however, showed a slight reduction. The exports peaked at X cubic meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, MDF exports rose remarkably to $X in 2021. In general, exports, however, saw a abrupt descent. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X cubic meters) was the main destination for MDF exports from the United States, accounting for a 72% share of total exports. Moreover, MDF exports to Canada exceeded the volume sent to the second major destination, Mexico (X cubic meters), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled +1.3%.

In value terms, Canada ($X) remains the key foreign market for MDF exports from the United States, comprising 65% of total exports. The second position in the ranking was taken by Mexico ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Canada stood at -4.3%.

Export Prices by Country

In 2021, the average MDF export price amounted to $X per cubic meter, which is down by -24.1% against the previous year. Over the period under review, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2019 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per cubic meter), while the average price for exports to Canada stood at $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-1.9%).

Mdf Imports

Imports into the U.S.

In 2021, the amount of MDF imported into the United States expanded remarkably to X cubic meters, with an increase of 13% on the year before. Overall, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2013 with an increase of 27%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, MDF imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +6.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Canada (X cubic meters), Chile (X cubic meters) and Germany (X cubic meters) were the main suppliers of MDF imports to the United States, together comprising 62% of total imports. These countries were followed by China, Brazil, New Zealand, Mexico, Argentina, Austria, Turkey and Vietnam, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +90.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest MDF suppliers to the United States were Canada ($X), Chile ($X) and Germany ($X), with a combined 62% share of total imports. These countries were followed by China, Brazil, Austria, Vietnam, Mexico, Turkey, Argentina and New Zealand, which together accounted for a further 28%.

Turkey, with a CAGR of +78.1%, saw 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, picking up by 11% against the previous year. In general, the import price, however, continues to indicate a pronounced reduction. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per cubic meter), while the price for New Zealand ($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 Vietnam (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mdf in the world?

China constituted the country with the largest volume of mdf consumption, 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, comprising approx. 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 the U.S.?

In value terms, the largest mdf suppliers to the United States were Canada, Chile and Germany, with a combined 62% share of total imports. China, Brazil, Austria, Vietnam, Switzerland, Mexico, Turkey and Argentina lagged somewhat behind, together comprising a further 30%.

What are the leading importers of mdf from the U.S.?

In value terms, Canada remains the key foreign market for mdf exports from the United States, comprising 65% of total exports. The second position in the ranking was occupied by Mexico, with a 31% share of total exports.

What is the average export price for mdf in the U.S.?

The average mdf export price stood at $7,573 per cubic meter in 2021, with a decrease of -11.8% against the previous year.

What is the average import price for mdf in the U.S.?

The average mdf import price stood at $707 per cubic meter in 2021, increasing by 9.7% against the previous year.

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:

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