Market research

MDF market in New Zealand

MDF market in New Zealand

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The MDF market volume in New Zealand exhibited significant volatility from 2018 to 2023. Starting at 301.1 thousand m³ in 2018, consumption declined to 259.2 thousand m³ in 2019.

A steep contraction to 129.7 thousand m³ occurred in 2020, followed by a recovery to 174.5 thousand m³ in 2021. The market then fell again to 129.4 thousand m³ in 2022 before a modest increase to 144.6 thousand m³ in 2023, leaving the volume less than half of its 2018 level.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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, 2018-2025
        3. 4.1.1.3. Exports, 2018-2025
        4. 4.1.1.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in New Zealand
      1. 5.1.1. Annual dynamics of production in New Zealand in kind, 2018-2023, K m³
      2. 5.1.2. Annual dynamics of production in New Zealand 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. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, K m³
        1. 6.1.2.1. Annual dynamics of product's exports from New Zealand in kind, 2018-2025, K m³
        2. 6.1.2.2. Dynamics of product's exports in kind from New Zealand by countries, 2018-2025, K m³
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
      3. 6.1.3. Exports in value, M $ US
        1. 6.1.3.1. Annual dynamics of product's exports from New Zealand in value, 2018-2025, M $ US
        2. 6.1.3.2. Dynamics of product's exports in value from New Zealand by countries, 2018-2025, M $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
      4. 6.1.4. Average price of product's exports, $ US/m³
        1. 6.1.4.1. Annual dynamics of average price of product's exports from New Zealand, 2018-2025, $ US/m³
        2. 6.1.4.2. Dynamics of average price of product's exports from New Zealand by countries, 2018-2025, $ US/m³
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, K m³
        1. 6.2.2.1. Annual dynamics of product's exports from New Zealand in kind, 2018-2025, K m³
        2. 6.2.2.2. Dynamics of product's exports in kind from New Zealand by countries, 2018-2025, K m³
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
      3. 6.2.3. Exports in value, M $ US
        1. 6.2.3.1. Annual dynamics of product's exports from New Zealand in value, 2018-2025, M $ US
        2. 6.2.3.2. Dynamics of product's exports in value from New Zealand by countries, 2018-2025, M $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
      4. 6.2.4. Average price of product's exports, $ US/m³
        1. 6.2.4.1. Annual dynamics of average price of product's exports from New Zealand, 2018-2025, $ US/m³
        2. 6.2.4.2. Dynamics of average price of product's exports from New Zealand by countries, 2018-2025, $ US/m³
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, K m³
        1. 7.1.2.1. Annual dynamics of product's imports to New Zealand in kind, 2018-2025, K m³
        2. 7.1.2.2. Dynamics of product's imports in kind to New Zealand by countries, 2018-2025, K m³
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
      3. 7.1.3. Imports in value, M $ US
        1. 7.1.3.1. Annual dynamics of product's imports to New Zealand in value, 2018-2025, M $ US
        2. 7.1.3.2. Dynamics of product's imports in value to New Zealand by countries, 2018-2025, M $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
      4. 7.1.4. Average price of product's imports, $ US/m³
        1. 7.1.4.1. Annual dynamics of average price of product's imports to New Zealand, 2018-2025, $ US/m³
        2. 7.1.4.2. Dynamics of average price of product's imports to New Zealand by countries, 2018-2025, $ US/m³
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, K m³
        1. 7.2.2.1. Annual dynamics of product's imports to New Zealand in kind, 2018-2025, K m³
        2. 7.2.2.2. Dynamics of product's imports in kind to New Zealand by countries, 2018-2025, K m³
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
      3. 7.2.3. Imports in value, M $ US
        1. 7.2.3.1. Annual dynamics of product's imports to New Zealand in value, 2018-2025, M $ US
        2. 7.2.3.2. Dynamics of product's imports in value to New Zealand by countries, 2018-2025, M $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
      4. 7.2.4. Average price of product's imports, $ US/m³
        1. 7.2.4.1. Annual dynamics of average price of product's imports to New Zealand, 2018-2025, $ US/m³
        2. 7.2.4.2. Dynamics of average price of product's imports to New Zealand by countries, 2018-2025, $ US/m³
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, K m³
      2. 8.1.2. In value, M $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, K m³
      2. 8.2.2. In value, M $ US
  9. 9. Top buying and selling countries, 2018-2025
    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 New Zealand

In kind, 2018-2021, K m³

New Zealand was one of the world's top MDF producers from 2018 to 2021, ranking 20th globally by production volume.

Top producers of MDF, 2018-2021

Source: SHEV.io

World map of production of MDF, 2018-2021

Source: SHEV.io

Following a two-year decline, New Zealand's MDF production rebounded in 2021. The country produced 737.6 thousand cubic meters of MDF that year, marking an 8.3% increase compared to 2020. However, over the entire 2018-2021 period, production fell by 6.8%, translating to an average annual decline of 2.3%. The lowest production level was recorded in 2020 at 681.2 thousand cubic meters, which saw the sharpest drop of 9.2%.

Annual dynamics of production in New Zealand in kind, 2018-2021, K m³

Parameter201920202021CAGR
1Change from last year(5.2%)(9.2%)8.3%(2.3%)
Source: SHEV.io

In value, 2018-2021, M $ US

After two consecutive years of contraction, New Zealand's MDF production value showed a strong recovery in 2021. Output was valued at 228.1 million US dollars, representing a significant 22.4% increase from the previous year. Despite this uptick, production value declined by 27.8% over the 2018-2021 period, equivalent to an average annual decrease of 10.3%. The lowest value was recorded in 2020 at 186.4 million US dollars, which experienced the most substantial decline of 31.0%.

Annual dynamics of production in New Zealand in value, 2018-2021, M $ US

Parameter201920202021CAGR
1Change from last year(14.6%)(31.0%)22.4%(10.3%)
Source: SHEV.io

Exports MDF from New Zealand

Exports in kind, K m³

New Zealand's MDF exports grew for the third straight year in 2021, reaching 594.7 thousand cubic meters. This represented a 4.8% increase compared to 2020. Over the 2018-2021 period, exports expanded by 17.4%, with an average annual growth rate of 5.5%.

Annual dynamics of product's exports from New Zealand in kind, 2018-2021, K m³

Parameter201920202021CAGR
1Change from last year0.7%11.3%4.8%5.5%
Source: SHEV.io

From 2018 to 2021, Japan, Vietnam, and the United States were the leading destinations for New Zealand's MDF exports by volume. Japan accounted for 51.0% of exports, Vietnam for 11.2%, and the United States for 9.7%. Together, these three markets represented 71.8% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from New Zealand in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

Following a two-year downturn, New Zealand's MDF export value increased in 2021. Exports totaled 183.9 million US dollars, up 18.4% from 2020. However, over the 2018-2021 period, export value decreased by 9.1%, equivalent to an average annual decline of 3.1%. The lowest value was recorded in 2020 at 155.3 million US dollars, which saw the largest drop of 15.4%.

Annual dynamics of product's exports from New Zealand in value, 2018-2021, M $ US

Parameter201920202021CAGR
1Change from last year(9.3%)(15.4%)18.4%(3.1%)
Source: SHEV.io

Between 2018 and 2021, Japan, Vietnam, and the United States were the primary markets for New Zealand's MDF exports by value. Japan represented 55.6% of export value, Vietnam 9.8%, and the United States 8.7%. Collectively, these three countries accounted for 74.1% of total export value.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from New Zealand in value, 2018-2021

Source: SHEV.io

Imports MDF to New Zealand

Imports in kind, K m³

New Zealand's MDF import volume showed notable volatility from 2018 to 2021. Imports reached their lowest point in 2020 at 16.0 thousand cubic meters, then peaked in 2021 at 31.6 thousand cubic meters—a 96.6% year-over-year increase. The difference between these years was twofold, with the largest decline of 14.1% occurring in 2020.

Annual dynamics of product's imports to New Zealand in kind, 2018-2021, K m³

Parameter201920202021CAGR
1Change from last year14.6%(14.1%)96.6%24.6%
Source: SHEV.io

From 2018 to 2021, Belgium, Australia, and China were the main sources of MDF imports to New Zealand by volume. Belgium contributed 36.5% of imports, Australia 21.0%, and China 14.5%. Together, these three countries accounted for 71.9% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to New Zealand in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

New Zealand's MDF import value rose to 12.8 million US dollars in 2021, reflecting a 53.8% increase from the previous year. Over the 2018-2021 period, import value grew by 70.2%, with an average annual growth rate of 19.4%. The largest decline was recorded in 2020 at 1.7%.

Annual dynamics of product's imports to New Zealand in value, 2018-2021, M $ US

Parameter201920202021CAGR
1Change from last year12.6%(1.7%)53.8%19.4%
Source: SHEV.io

Between 2018 and 2021, three key markets—Belgium, Australia, and China—collectively represented 70.4% of New Zealand's total MDF import value.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to New Zealand in value, 2018-2021

Source: SHEV.io

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