Price for Linoleum, Whether or Not Cut To Shape in the Philippines - 2024

Contents:

  1. Price for Linoleum, Whether or Not Cut To Shape in the Philippines (CIF) - 2022
  2. Price for Linoleum, Whether or Not Cut To Shape in the Philippines (FOB) - 2022
  3. Imports of Linoleum, Whether or Not Cut To Shape in the Philippines
  4. Exports of Linoleum, Whether or Not Cut To Shape in the Philippines

Price for Linoleum, Whether or Not Cut To Shape in the Philippines (CIF) - 2022

In 2022, the average import price for linoleum, whether or not cut to shapes amounted to $0.8 per square meter, declining by -29.1% against the previous year. In general, the import price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 189% against the previous year. Over the period under review, average import prices hit record highs at $1.6 per square meter in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($13 per square meter), while the price for Thailand ($0.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+54.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Linoleum, Whether or Not Cut To Shape in the Philippines (FOB) - 2022

In 2022, the average export price for linoleum, whether or not cut to shapes amounted to $4.5 per square meter, with an increase of 65% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 119%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Palau ($15 per square meter), while the average price for exports to Micronesia ($3.6 per square meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Marshall Islands (+111.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Linoleum, Whether or Not Cut To Shape in the Philippines

After three years of growth, purchases abroad of linoleum, whether or not cut to shapes decreased by -32.6% to 5M square meters in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of 7.4M square meters, and then reduced notably in the following year.

In value terms, imports of linoleum, whether or not cut to shapes reduced remarkably to $4M in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 7% against the previous year. Over the period under review, imports of hit record highs at $8.2M in 2021, and then shrank markedly in the following year.

Import of Linoleum, Whether or Not Cut To Shape in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.36.76.93.1-21.1%
Hong Kong SARN/A0.20.50.441.4%
Thailand0.20.20.20.1-20.6%
Malaysia0.10.30.2N/A41.4%
Others0.80.40.40.4-20.6%
Total7.47.98.24.0-18.5%

Top Suppliers of Linoleum, Whether or Not Cut To Shape to the Philippines in 2022:

  1. China (4046.4K square meters)
  2. Hong Kong SAR (500.6K square meters)
  3. Thailand (210.3K square meters)
  4. Malaysia (52.2K square meters)

Exports of Linoleum, Whether or Not Cut To Shape in the Philippines

In 2022, overseas shipments of linoleum, whether or not cut to shapes decreased by -74% to 782 square meters, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 257%. As a result, the exports attained the peak of 4.7K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of linoleum, whether or not cut to shapes declined rapidly to $3.5K in 2022. In general, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $7.6K, and then dropped markedly in the following year.

Export of Linoleum, Whether or Not Cut To Shape in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Micronesia1.33.32.41.913.5%
Marshall IslandsN/A1.84.31.2-18.4%
Palau0.20.80.80.535.7%
Saudi Arabia3.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.25.87.63.5-12.4%

Top Export Markets for Linoleum, Whether or Not Cut To Shape from the Philippines in 2022:

  1. Micronesia (511.0 square meters)
  2. Marshall Islands (239.0 square meters)
  3. Palau (32.0 square meters)

Source: IndexBox Market Intelligence Platform

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