Market movement
In 2024, medium density fibreboard (mdf), of a thickness exceeding 5 mm but not exceeding 9 mm trade exhibited significant decline, with global flows reaching $1,634,467,724 and a three-year compound annual growth rate of -12.1% (five-year: -2.5%). The all-time peak of $2,406,033,554 was recorded in 2021; the current level is 32% below that high-water mark.
Over the 30-year observation window (1995–2024), 79% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-10.8% acceleration).
