MDF (Medium Density Fiberboard) Price Trend and Forecast

MDF (Medium Density Fiberboard) Regional Price Overview

Get the latest insights on price movement and trend analysis of Medium Density Fiberboard (MDF) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

MDF (Medium Density Fiberboard) Price Trend for the First Half of 2024

In the first half of 2024, the Medium Density Fiberboard (MDF) market experienced notable price fluctuations, closely tied to the broader dynamics of the lumber market. MDF, which is manufactured using wood fibers, is directly impacted by the availability and cost of lumber, making its market trends intrinsically linked to those of lumber. Early in 2024, MDF prices faced downward pressure as higher interest rates dampened demand in the residential construction sector, leading to a temporary surplus in the market.
 

MDF (Medium Density Fiberboard) Price Chart

MDF (Medium Density Fiberboard) Price Trends

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The decline in lumber prices, driven by reduced construction activity and lingering supply chain disruptions, also contributed to the lower costs of producing MDF. However, as spring arrived, there was a noticeable uptick in construction projects, particularly in home renovations and new builds. This resurgence in demand helped stabilize and gradually increase MDF prices, mirroring the recovery seen in the lumber market.

The connection between lumber and MDF became particularly evident as supply chain issues, such as those caused by North American wildfires and geopolitical tensions, led to fluctuations in raw material availability. These disruptions impacted both lumber and MDF production, contributing to the volatility in prices. By mid-2024, as construction activities gained momentum despite ongoing high interest rates, MDF prices showed signs of recovery, driven by the sustained demand for building materials. Overall, the MDF market in H1 2024 was characterized by a period of initial decline followed by a gradual stabilization, reflecting the interconnected nature of the lumber and MDF markets and the broader construction industry.

Analyst Insight

According to Procurement Resource, MDF (Medium Density Fiberboard) markets are anticipated to stabilize in the following months as the gap between the upstream and downstream dynamics is steadily receding.
 

MDF (Medium Density Fiberboard) Price Trend for the Second Half of 2023

Medium-density fiberboard prices were observed to be fluctuating within a narrow range during the last two quarters of 2023. The demands were seen to be rising especially for biodegradable fiberboards that are made out of wood and natural waxes. The furniture and crafting industries have also been relying more and more on the MDF (Medium Density Fiberboards).

The H2 of 2023 began on a humble note in July, as the inventories were running high and were well-equipped to cater to the present demands. However, as the energy and manufacturing costs rose moving forward, the price graph too started pivoting towards the upward direction. Nevertheless, the market growth was still very limited since the prices grew within very limited margins. Overall, a lukewarm performance was witnessed.

Analyst Insight

According to Procurement Resource, the MDF (Medium Density Fiberboard) prices are expected to fluctuate in the coming months, given the current market dynamics and pricing fundamentals.
 

Medium Density Fiberboard (MDF) Price Trend for the First Half of 2023

The first quarter was not very favorable for the medium-density fiberboard (MDF) price trend as the market struggled with the decline in export rates to the US and Europe and limited domestic demand. In addition to this, the plywood market also faced limited growth due to the slowdown of the real estate sector, which hampered the growth of the medium-density fiberboard (MDF) price trend.

However, the medium density fiberboard (MDF) had an unexpected incline in the Asia-Pacific region during the second quarter. The market of medium-density fiberboard (MDF) was positively influenced by the influx of several international players in the market and the high interest of domestic players in the field of automation, a major driver of the medium density fiberboard (MDF) market. Further, the significant growth in the furniture and sports equipment industries owing to rising demands caused the price trend for MDF to incline in the second quarter.

Analyst Insight

According to Procurement Resource, the price trend of Medium Density Fiberboard (MDF) is estimated to showcase an oscillating trajectory as the demand from downstream industries, especially plywood and trade activities, seems uncertain.

Procurement Resource provides latest prices of MDF (Medium Density Fiberboard). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About MDF (Medium Density Fiberboard)

Medium density fiberboards are produced by compressing wood fibers, wax and resins under high pressure and heat conditions. Medium density fiberboards are widely employed in the furniture, cabinetry, and construction industries and also serves as a substrate for the production of veneers, paints, ad finishes that are used in furniture components of architectural millwork and decorative panels.

MDF (Medium Density Fiberboard) Product Details

Report Features Details
Product Name Medium Density Fiberboards
Industrial Uses Furniture manufacturing, Art and craft, Model making, Exhibition Displays, Acoustic panels, Interior doors, Panels and wall covering
Supplier Database Kronoplus Limited, ARAUCO, SWISS KRONO Group, Kastamonu Entegre, Dexco
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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