MDF Market in Ukraine
Market Overview
After two years of growth, the Ukrainian MDF market decreased by -
% to $ in . In general, consumption saw a perceptible setback. Over the period under review, the market reached the peak level at $ in , and then declined markedly in the following year.
In value terms, MDF production totaled $ in estimated in export price. Over the period under review, production saw a abrupt decrease. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. Production peaked at $ in 2008; however, from 2009 to , production remained at a lower figure.
% to $ in . In general, consumption saw a perceptible setback. Over the period under review, the market reached the peak level at $ in , and then declined markedly in the following year.In value terms, MDF production totaled $
in estimated in export price. Over the period under review, production saw a abrupt decrease. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. Production peaked at $ in 2008; however, from 2009 to , production remained at a lower figure.Consumption
In , the amount of MDF consumed in Ukraine shrank remarkably to cubic meters, waning by -% on figures. Overall, consumption, however, enjoyed a mild expansion. Over the period under review, consumption hit record highs at cubic meters in ; however, from to , consumption stood at a somewhat lower figure.
The size of the MDF market in Ukraine contracted significantly to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a perceptible slump. Over the period under review, the market attained the maximum level at $ in , and then declined significantly in the following year.
, the amount of MDF consumed in Ukraine shrank remarkably to cubic meters, waning by -% on figures. Overall, consumption, however, enjoyed a mild expansion. Over the period under review, consumption hit record highs at cubic meters in ; however, from to , consumption stood at a somewhat lower figure.The size of the MDF market in Ukraine contracted significantly to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a perceptible slump. Over the period under review, the market attained the maximum level at $ in , and then declined significantly in the following year.Market Forecast
Driven by increasing demand for MDF in Ukraine, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to cubic meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to cubic meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in Ukraine increased significantly over the last fifteen-year period (from % to %).
% to %).Trade Balance
Ukraine remains a net importer of MDF; in physical and value terms, imports consistently exceeded exports from 2011 to . In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report