Price for Printed Matter of Other Kinds in the Philippines - 2024
Contents:
- Price for Printed Matter of Other Kinds in the Philippines (CIF) - 2024
- Price for Printed Matter of Other Kinds in the Philippines (FOB) - 2022
- Imports of Printed Matter of Other Kinds in the Philippines
- Exports of Printed Matter of Other Kinds in the Philippines
Price for Printed Matter of Other Kinds in the Philippines (CIF) - 2024
In February 2024, the average import price for printed matter of other kindses amounted to $15,146 per ton, increasing by 210% against the previous month. In general, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Singapore ($108K per ton), while the price for Indonesia ($2,035 per ton) was amongst the lowest.
From January 2024 to February 2024, the most notable rate of growth in terms of prices was attained by Japan (+313.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Printed Matter of Other Kinds in the Philippines (FOB) - 2022
In 2022, the average export price for printed matter of other kindses amounted to $39,165 per ton, with an increase of 5.5% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 229%. As a result, the export price attained the peak level of $62,122 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($44,769 per ton), while the average price for exports to Guam ($1,508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Printed Matter of Other Kinds in the Philippines
In 2022, the amount of printed matter of other kindses imported into the Philippines dropped slightly to 2.4K tons, approximately mirroring the previous year. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 15%.
In value terms, printed matter of other kinds imports stood at $17M in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 20%.
| Import of Printed Matter of Other Kinds in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.4 | 4.2 | 4.0 | 3.3 | 102.1% |
| Malaysia | 0.2 | 0.7 | 1.6 | 3.1 | 149.3% |
| China | 4.7 | 2.6 | 2.5 | 2.9 | -14.9% |
| Japan | 2.8 | 2.4 | 2.5 | 2.2 | -7.7% |
| United States | 0.8 | 0.7 | 1.6 | 1.1 | 11.2% |
| Canada | 6.7 | N/A | 1.0 | 1.0 | -47.0% |
| Thailand | 0.5 | 0.4 | 1.4 | 1.0 | 26.0% |
| Hong Kong SAR | 1.6 | 0.6 | 0.9 | 0.5 | -32.1% |
| Indonesia | 1.7 | 0.2 | N/A | 0.4 | -38.3% |
| Others | 2.0 | 1.9 | 1.2 | 1.6 | -7.2% |
| Total | 21.5 | 13.8 | 16.6 | 17.2 | -7.2% |
Top Suppliers of Printed Matter; N.E.S. in Heading No. 4911 to the Philippines in 2022:
- China (237.0 tons)
- Singapore (227.0 tons)
- Indonesia (183.7 tons)
- United States (96.2 tons)
- Malaysia (95.0 tons)
- Canada (77.4 tons)
- Thailand (52.4 tons)
- Japan (39.4 tons)
- Hong Kong SAR (25.7 tons)
Exports of Printed Matter of Other Kinds in the Philippines
In 2022, exports of printed matter of other kindses from the Philippines reduced to 14 tons, shrinking by -7.1% compared with 2021 figures. In general, exports recorded a sharp curtailment.
In value terms, printed matter of other kinds exports contracted modestly to $549K in 2022. Over the period under review, exports recorded a precipitous curtailment.
| Export of Printed Matter of Other Kinds in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1.8 | 0.1 | N/A | 429 | 520.0% |
| Papua New Guinea | 3.5 | 2.8 | N/A | 26.6 | 96.6% |
| China | 12.2 | 16.9 | 5.7 | 22.3 | 22.3% |
| India | 1.4 | 0.4 | 46.8 | 10.9 | 98.2% |
| Germany | 1,965 | 930 | 389 | 10.5 | -82.5% |
| Japan | 925 | 300 | 3.6 | 9.2 | -78.5% |
| United States | 1,567 | 439 | 49.5 | 7.7 | -83.0% |
| South Korea | 24.9 | 0.8 | N/A | 7.0 | -34.5% |
| Malaysia | 49.1 | 0.8 | 0.2 | 3.2 | -59.8% |
| Guam | 1.1 | 34.0 | 0.7 | 0.5 | -23.1% |
| Singapore | 99.8 | 30.0 | 3.4 | 0.4 | -84.1% |
| Cambodia | 3.6 | 241 | 3.1 | N/A | -7.2% |
| Taiwan (Chinese) | 12.7 | 110 | 0.7 | N/A | -76.5% |
| Others | 525 | 80.8 | 57.6 | 21.9 | -65.3% |
| Total | 5,192 | 2,187 | 560 | 549 | -52.7% |
Top Export Markets for Printed Matter; N.E.S. in Heading No. 4911 from the Philippines in 2022:
- Brazil (36.5 tons)
- Papua New Guinea (9.8 tons)
- China (2.5 tons)
- Japan (1.8 tons)
- Malaysia (1.6 tons)
- South Korea (1.1 tons)
- India (0.9 tons)
- Guam (0.3 tons)
- Germany (0.3 tons)
- United States (0.2 tons)
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