Market research

MDF market in Colombia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The MDF market in Colombia expanded from 236.4 thousand cubic meters in 2018 to a peak of 252.8 thousand cubic meters in 2021, reflecting consistent annual growth driven primarily by rising import volumes. Domestic production remained steady at 100.0 thousand cubic meters throughout this period, indicating that increased consumption was met largely through foreign supply.

After reaching its highest point in 2021, the market volume began to contract, declining to 247.7 thousand cubic meters in 2022 and then falling sharply to 173.7 thousand cubic meters in 2023. This downturn coincided with a significant reduction in imports, which dropped from over 150 thousand cubic meters in previous years to just 75.9 thousand cubic meters in 2023.

The stability in domestic production contrasted with the volatility in trade flows, underscoring the market's dependence on imported MDF. The overall market size in 2023 stood at a level substantially lower than at the start of the period, marking a notable shift in supply dynamics.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Colombia
  1. 5.1.1. Annual dynamics of production in Colombia in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Colombia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Colombia in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Colombia by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Colombia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Colombia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Colombia, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Colombia by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Colombia in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Colombia by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Colombia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Colombia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Colombia, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Colombia by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Colombia in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Colombia by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Colombia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Colombia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Colombia, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Colombia by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Colombia in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Colombia by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Colombia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Colombia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Colombia, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Colombia by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production MDF in Colombia

In kind, 2017-2020, K m³

Top producers of MDF, 2017-2020

Source: SHEV.io

World map of production of MDF, 2017-2020

Source: SHEV.io

In 2020, Colombia produced 100.0 K m³ of MDF, which remained virtually unchanged from 2019. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.

Annual dynamics of production in Colombia in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports MDF from Colombia

Exports in kind, K m³

The market exhibited volatility during the observed period. Colombia exported 1.0 K m³ of MDF in 2020, marking a 168.6% increase compared to 2019. The minimum value was recorded in 2018 at 0.2 K m³, with the largest decline of 38.9% also occurring in 2018. Overall, there was a 5.7-fold variation between the maximum in 2020 and the minimum in 2018.

Annual dynamics of product's exports from Colombia in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(38.9%)	112.2%	168.6%	51.6%

Source: SHEV.io

From 2017 to 2020, Ecuador, Panama, and Cuba were the main destinations for Colombia's MDF exports in kind. Ecuador accounted for 50.9% of exports, Panama for 24.9%, and Cuba for 6.9%, together absorbing 82.7% of total exports.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Colombia in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Market performance showed noticeable fluctuations over the period. Colombia exported 523 K $ US of MDF in 2020, representing a sharp rise of 58.2% year-over-year. The minimum value was recorded in 2018 at 174 K $ US, with the largest decline of 47.9% also in 2018. The largest increase occurred in 2019 at 90.0%. Overall, there was a 3-fold amplitude between the peak in 2020 and the trough in 2018.

Annual dynamics of product's exports from Colombia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(47.9%)	90.0%	58.2%	16.1%

Source: SHEV.io

During 2017–2020, Ecuador, Panama, and the United States were the primary destinations for Colombia's MDF exports in value terms. Ecuador accounted for 36.3% of exports, Panama for 32.0%, and the United States for 6.2%, together making up 74.4% of total exports.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Colombia in value, 2017-2020

Source: SHEV.io

Imports MDF to Colombia

Imports in kind, K m³

Foreign MDF supplies to Colombia increased for the third consecutive year. In 2020, imports reached 146.4 K m³, showing a small gain of 2.4% year-over-year. Between 2017 and 2020, imports grew by 48.7%, equating to an annualized rate of 14.1%.

Annual dynamics of product's imports to Colombia in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	38.7%	4.7%	2.4%	14.1%

Source: SHEV.io

From 2017 to 2020, Brazil, Chile, and Ecuador were the leading suppliers of MDF to Colombia in kind. Brazil accounted for 41.2% of imports, Chile for 21.8%, and Ecuador for 8.3%, jointly taking 71.2% of total imports.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Colombia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Imported MDF volumes to Colombia declined for the second consecutive year. In 2020, imports were recorded at 39 515 K $ US, which is 3.4% lower compared to 2019. The maximum value was recorded in 2018 at 43 231 K $ US, with the largest increase of 40.3% in 2018 and the largest decline of 5.4% in 2019. Over the period 2017-2020, imports increased by 28.2%, with a CAGR of 8.6%.

Annual dynamics of product's imports to Colombia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	40.3%	(5.4%)	(3.4%)	8.6%

Source: SHEV.io

Over 2017–2020, Brazil, Chile, and Germany were the primary suppliers of MDF to Colombia in value terms. Brazil accounted for 31.7% of imports, Chile for 20.5%, and Germany for 11.5%, together representing 63.6% of total imports.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Colombia in value, 2017-2020

Source: SHEV.io