MDF Market Overview in Egypt
In value terms, mdf production expanded significantly to $ in 2019 estimated in export prices. Over the period under review, production showed a mild descent. The growth pace was the most rapid in 2012 when the production volume increased by % year-to-year. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to 2019, production remained at a lower figure.
The revenue of the mdf market in Egypt reached $ in 2019, growing 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). Over the period under review, consumption continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.