In 2023, Thailand led global exports of Medium Density Fibreboard (MDF) and High Density Fibreboard (HDF) with a value of 3.2606 million cubic meters, reflecting a robust year-on-year growth of 7.35%. China and Germany, with exports of 2.9205 and 2.4928 million cubic meters respectively, were also top contributors, although Germany faced a minor decline. Other significant countries included Russia and Belarus, while Romania showed notable growth at 14.57%. The United States experienced a contraction in exports by 3.94% alongside France’s significant drop of 10.87%.
Future trends to watch for in global MDF and HDF exports include:
- An increase in exports from countries with improving industrial capabilities like India, showing a substantial growth of 39.62% in 2023.
- Continued potential growth in emerging markets like Argentina, Bulgaria, and Kenya, which showed strong year-on-year improvements of over 70%.
- Potential challenges for European countries like Italy, Switzerland, and the United Kingdom, facing declines which may affect their market standing.
- Sustained demand in developing regions and the impact of economic shifts which could cause deviations in export patterns.
Top countries in Medium Density Fibreboard and High Density Fibreboard Export by Country
| # | 10 Countries | Cubic Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 3,260,600 | 2023 | +15.73% | +7.35% | View data |
| 2 | 2 China | 2,920,500 | 2023 | +0.73% | +6.43% | View data |
| 3 | 3 Germany | 2,492,800 | 2023 | +6.28% | -3.86% | View data |
| 4 | 4 Russia | 1,079,800 | 2023 | -0.014% | +0.26% | View data |
| 5 | 5 Belarus | 1,027,800 | 2023 | -0.47% | -1.24% | View data |
| 6 | 6 Poland | 981,920 | 2023 | +43.44% | -2.14% | View data |
| 7 | 7 Belgium | 843,450 | 2023 | +9.79% | -0.81% | View data |
| 8 | 8 Spain | 827,590 | 2023 | -7.72% | +0.31% | View data |
| 9 | 9 Brazil | 716,510 | 2023 | +0.22% | +1.04% | View data |
| 10 | 10 Canada | 643,920 | 2023 | +0.39% | +0.28% | View data |
