Price for Pulp; Cotton Linters Pulp in the Philippines - 2023
Contents:
- Price for Pulp; Cotton Linters Pulp in the Philippines (CIF) - 2022
- Imports of Pulp; Cotton Linters Pulp in the Philippines
Price for Pulp; Cotton Linters Pulp in the Philippines (CIF) - 2022
In 2022, the average pulp; cotton linters pulp import price amounted to $2,328 per ton, surging by 34% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pulp; cotton linters pulp import price increased by +93.3% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.4% per year.
Imports of Pulp; Cotton Linters Pulp in the Philippines
In 2022, imports of pulp; cotton linters pulp into the Philippines dropped rapidly to 215 tons, falling by -56.2% compared with the previous year. In general, imports saw a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 80%.
In value terms, pulp; cotton linters pulp imports contracted significantly to $499K in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 98%. As a result, imports attained the peak of $851K, and then contracted markedly in the following year.
| Import of Pulp; Cotton Linters Pulp in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 542 | 430 | 846 | 496 | -2.9% |
| Taiwan (Chinese) | 60.4 | N/A | 5.8 | 3.7 | -60.6% |
| India | 37.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 640 | 430 | 851 | 499 | -8.0% |
Top Suppliers of Pulp; Cotton Linters Pulp to the Philippines in 2022:
- China (212.9 tons)
- Taiwan (Chinese) (1.6 tons)
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