MDF (Medium Density Fiberboard) Price Trend and Forecast

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 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).

MDF (Medium Density Fiberboard) Price Chart

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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.