Period 2007-2019
MDF Market Overview in Egypt |
Market Overview
In 2019, the Egyptian mdf market increased by 
% to $, rising for the third year in a row after two years of decline. Overall, consumption saw a notable increase. The most prominent rate of growth was recorded in 2014 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. From 2015 to 2019, the growth of the market remained at a lower figure.
In value terms, mdf production amounted to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by % y-o-y. Over the period under review, production attained the peak level at $ in 2018, and then stood in the following year.
% to $, rising for the third year in a row after two years of decline. Overall, consumption saw a notable increase. The most prominent rate of growth was recorded in 2014 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. From 2015 to 2019, the growth of the market remained at a lower figure.In value terms, mdf production amounted to $
in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by % y-o-y. Over the period under review, production attained the peak level at $ in 2018, and then stood in the following year.Consumption
In 2019, consumption of mdf increased by % to cubic meters, rising for the third year in a row after two years of decline. In general, consumption posted a temperate increase. The pace of growth was the most pronounced in 2014 with an increase of % year-to-year. As a result, consumption reached the peak volume of cubic meters. From 2015 to 2019, the growth of the consumption remained at a somewhat lower figure.
The revenue of the mdf market in Egypt amounted to $ in 2019, flattening at 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). Overall, consumption continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.
% to cubic meters, rising for the third year in a row after two years of decline. In general, consumption posted a temperate increase. The pace of growth was the most pronounced in 2014 with an increase of % year-to-year. As a result, consumption reached the peak volume of cubic meters. From 2015 to 2019, the growth of the consumption remained at a somewhat lower figure.The revenue of the mdf market in Egypt amounted to $
in 2019, flattening at 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). Overall, consumption continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.Market Forecast
Driven by increasing demand for mdf in Egypt, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from 2019 to , which is projected to bring the market volume to cubic meters by the end of .
% for the period from 2019 to , which is projected to bring the market volume to cubic meters by the end of .Market Structure
Mdf market in Egypt consists almost entirely of imported products.
Trade Balance
Egypt remains a net importer of mdf; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, 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.
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
Upload XLSX
Upload an updated .xlsx to customize your report