Price for Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines - 2024

Contents:

1. Price for Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines (CIF) - 2022
2. Price for Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines (FOB) - 2022
3. Imports of Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines
4. Exports of Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines

Price for Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines (CIF) - 2022

The average import price for paper; greaseproof papers, in rolls or sheetses stood at $2,547 per ton in 2022, increasing by 12% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2019 an increase of 88% against the previous year. As a result, import price reached the peak level of $2,989 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($2,506 per ton) and China ($2,506 per ton), while the price for Italy ($2,505 per ton) and Spain ($2,506 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines (FOB) - 2022

The average export price for paper; greaseproof papers, in rolls or sheetses stood at $19,598 per ton in 2022, increasing by 2,891% against the previous year. In general, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($23,688 per ton), while the average price for exports to Papua New Guinea totaled $23,190 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+150.6%), while the prices for the other major destinations experienced a decline.

Imports of Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines

In 2022, after three years of growth, there was significant decline in supplies from abroad of paper; greaseproof papers, in rolls or sheetses, when their volume decreased by -6.9% to 2.9K tons. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of 3.1K tons, and then dropped in the following year.

In value terms, imports of paper; greaseproof papers, in rolls or sheetses reached $7.4M in 2022. Overall, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Paper; Greaseproof Papers, in Rolls or Sheets to the Philippines in 2022:

1. Indonesia (626.3 tons)
2. China (531.8 tons)
3. Germany (194.1 tons)
4. Taiwan (Chinese) (65.5 tons)
5. Japan (15.2 tons)
6. Sweden (10.5 tons)
7. Italy (0.1 tons)

Exports of Paper; Greaseproof Papers, in Rolls or Sheets in the Philippines

In 2022, the amount of paper; greaseproof papers, in rolls or sheetses exported from the Philippines dropped significantly to 201 kg, waning by -89.7% against 2021. In general, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 11,347%. As a result, the exports reached the peak of 1.9 tons, and then reduced markedly in the following year.

In value terms, exports of paper; greaseproof papers, in rolls or sheetses soared to $3.9K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 2,400% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Paper; Greaseproof Papers, in Rolls or Sheets from the Philippines in 2022:

1. Australia (125.0 kg)
2. Papua New Guinea (42.0 kg)

Source: IndexBox Market Intelligence Platform