Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines - 2024
Contents:
- Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines (CIF) - 2024
- Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines (FOB) - 2022
- Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines
- Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines
Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines (CIF) - 2024
The average import price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides stood at $2.1 per square meter in January 2024, declining by -4.1% against the previous month. In general, the import price, however, saw resilient growth. The pace of growth appeared the most rapid in May 2023 an increase of 72% m-o-m. As a result, import price reached the peak level of $2.3 per square meter. From June 2023 to January 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5.5 per square meter), while the price for China ($1.4 per square meter) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines (FOB) - 2022
In 2022, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides amounted to $1.9 per square meter, increasing by 27% against the previous year. In general, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 217%. The export price peaked at $4.6 per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1.9 per square meter), while the average price for exports to New Zealand ($1.7 per square meter) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines
In 2022, imports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides into the Philippines shrank remarkably to 12M square meters, falling by -34.2% on the year before. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports reached the peak of 18M square meters, and then contracted remarkably in the following year.
In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides reduced to $14M in 2022. Overall, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, imports reached the peak of $16M, and then declined in the following year.
| Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 4.7 | 4.5 | 4.0 | -17.8% |
| Vietnam | 1.1 | 1.3 | 4.2 | 3.2 | 42.8% |
| Italy | 0.1 | 1.9 | 2.8 | 2.4 | 188.4% |
| Hong Kong SAR | 0.8 | 0.8 | 1.2 | 1.6 | 26.0% |
| South Korea | 3.2 | 1.0 | 2.1 | 1.5 | -22.3% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Malaysia | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Others | 0.9 | 0.4 | 0.9 | 1.2 | 10.1% |
| Total | 13.4 | 10.4 | 16.2 | 14.3 | 2.2% |
Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride to the Philippines in 2022:
- China (7.9M square meters)
- Vietnam (1.4M square meters)
- Malaysia (0.7M square meters)
- South Korea (0.7M square meters)
- Italy (0.4M square meters)
- Hong Kong SAR (0.4M square meters)
- Taiwan (Chinese) (0.2M square meters)
Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines
Exports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides from the Philippines expanded rapidly to 140K square meters in 2022, with an increase of 10% against the year before. Overall, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. The exports peaked at 216K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides skyrocketed to $265K in 2022. Over the period under review, exports, however, showed a abrupt descent. Over the period under review, the exports of reached the maximum at $435K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.3 | 53.0 | 91.8 | 176 | 69.3% |
| Australia | 302 | 77.7 | 57.1 | 61.3 | -41.2% |
| New Zealand | N/A | 3.7 | 6.5 | 21.4 | 140.5% |
| Hong Kong SAR | 25.0 | N/A | N/A | N/A | 0% |
| China | 45.1 | 0.8 | 0.1 | N/A | -95.3% |
| Cambodia | N/A | 19.5 | 32.9 | N/A | 68.7% |
| Others | 25.8 | 6.8 | 2.1 | 6.8 | -35.9% |
| Total | 435 | 161 | 190 | 265 | -15.2% |
Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride from the Philippines in 2022:
- United States (91.1K square meters)
- Australia (34.8K square meters)
- New Zealand (12.5K square meters)
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