In August, the price of medium-density fiberboard (MDF) panels exported from Turkey rose by **3%**, reflecting increased demand in international markets.
This price increase comes amid a broader trend of rising costs for wood products, influenced by supply chain disruptions and heightened production expenses. Turkish manufacturers are adapting to these market dynamics, aiming to maintain competitiveness while meeting the growing needs of global buyers in the furniture and construction sectors.
Citations:
[1] https://www.alphaspread.com/security/nse/adffoods/earnings-calls/q3-2024
[2] https://agriexchange.apeda.gov.in/MarketReport/Reports/Grain%20and%20Feed%20Annual_Tel%20Aviv_Israel_IS2023-0003.pdf
[3] https://academic.oup.com/book/12695/chapter/162723407
[4] https://www.pwc.com/ng/en/assets/pdf/unlocking-ngr-agric-export.pdf
[5] https://www.iatp.org/agricultural-trade-standards-within-ipef
[6] https://www.afdb.org/en/about-us/corporate-information/african-development-fund-adf/adf-country-resources-allocation
[7] https://manilastandard.net/business/314470052/malampaya-gas-field-provides-a-lifeline-to-energy-starved-ph.html
[8] https://www.da.gov.ph/da-bans-import-of-live-poultry-and-poultry-products-from-belgium-and-france-after-bird-flu-outbreak/