Market research

MDF market in Venezuela

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 volume in Venezuela increased from 190.6 thousand m³ in 2018 to 223.7 thousand m³ in 2023, reflecting overall growth across the period. This expansion occurred while domestic production remained unchanged at 212.0 thousand m³ each year.

Market growth was most pronounced between 2018 and 2019, with volume rising by over 10%. The pace of increase slowed subsequently, with minimal change in 2021 and near-stability in 2022, before a moderate rise of 2.4% in 2023.

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 Venezuela
  1. 5.1.1. Annual dynamics of production in Venezuela in kind, 2018-2023, K m³
  2. 5.1.2. Annual dynamics of production in Venezuela 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, m³
    1. 6.1.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, 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 Venezuela in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Venezuela 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 Venezuela, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Venezuela 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, m³
    1. 6.2.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, 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 Venezuela in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Venezuela 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 Venezuela, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Venezuela 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, m³
    1. 7.1.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, 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 Venezuela in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Venezuela 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 Venezuela, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Venezuela 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, m³
    1. 7.2.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, 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 Venezuela in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Venezuela 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 Venezuela, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, 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 Venezuela

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, Venezuela produced 212.0 thousand cubic meters of MDF, showing no significant change from 2019. The largest decline was recorded in 2018 at 0.0%, while the largest increase also occurred in 2018 at 0.0%.

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

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

Source: SHEV.io

In value, 2017-2020, K $ US

MDF production in Venezuela increased for the third consecutive year. In 2020, the output was valued at 82 886 thousand US dollars, representing a moderate increase of 5.9% compared to 2019. Over the period from 2017 to 2020, production grew by 31.9%, with a compound annual growth rate of 9.7%.

Annual dynamics of production in Venezuela in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.0%	3.9%	5.9%	9.7%

Source: SHEV.io

Exports MDF from Venezuela

Exports in kind, m³

MDF shipments from Venezuela to abroad declined for the third consecutive year. In 2020, Venezuela exported 1 626 cubic meters of MDF, indicating a dramatic decline of 78.8% compared to 2019. Over the period from 2017 to 2020, exports decreased by 95%, with a compound annual growth rate of 63.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(28.1%)	(67.4%)	(78.8%)	(63.3%)

Source: SHEV.io

From 2017 to 2020, Israel and Colombia were the main destinations for exports in kind, jointly accounting for 87.9% of total flows, while the remaining share was distributed among other markets.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

MDF volumes leaving Venezuela declined for the third consecutive year. In 2020, Venezuela exported 636 thousand US dollars worth of MDF, constituting a dramatic fall of 77.6% compared to 2019. Over the period from 2017 to 2020, exports decreased by 93.5%, with a compound annual growth rate of 59.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.7%)	(66.2%)	(77.6%)	(59.7%)

Source: SHEV.io

From 2017 to 2020, Israel absorbed 71.2% of total exports in value terms of MDF from Venezuela, with the balance spread across a wide range of smaller destinations.

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

Source: SHEV.io

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

Source: SHEV.io

Imports MDF to Venezuela

Imports in kind, m³

Venezuela's MDF imports increased for the third consecutive year. In 2020, imports reached 7 279 cubic meters, showing a rise of 18.1% year-over-year. Between 2017 and 2020, imports increased by 266.5%, equating to an annualized rate of 54.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.0%	187.4%	18.1%	54.2%

Source: SHEV.io

From 2017 to 2020, Brazil and China jointly absorbed 82.8% of total imports in kind of MDF to Venezuela, with the rest of the volume scattered across smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The market showed signs of volatility over the observed period. The minimum value was recorded in 2018 at 578 thousand US dollars, with the largest decline in 2018 at 8.1%. The largest increase occurred in 2019 at 247.4%. In 2020, Venezuela imported a total of 2 308 thousand US dollars of MDF, which is 14.9% above the previous year, resulting in a 4-fold variation between the maximum in 2020 and the minimum in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.1%)	247.4%	14.9%	54.2%

Source: SHEV.io

From 2017 to 2020, Brazil (37.6% of imports in value terms), China (34.7% of imports in value terms), and Turkey (14.4% of imports in value terms) continued to head the list of suppliers of MDF to Venezuela, jointly accounting for 86.7% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io