Philippines - Wood Chips, Parts, Residues, Pellets And Other Agglomerates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines - 2024
Contents:
- Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines (CIF) - 2022
- Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines (FOB) - 2022
- Imports of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines
- Exports of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines
Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines (CIF) - 2022
The average import price for wood chips, parts, residues, pellets and other agglomerates stood at $210 per cubic meter in 2022, surging by 131% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The import price peaked at $675 per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($437 per cubic meter), while the price for Indonesia ($37 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines (FOB) - 2022
In 2022, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $148 per cubic meter, waning by -42.8% against the previous year. In general, the export price faced a deep setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 271% against the previous year. The export price peaked at $814 per cubic meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($205 per cubic meter), while the average price for exports to South Korea ($24 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+327.0%), while the prices for the other major destinations experienced a decline.
Imports of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines
In 2022, purchases abroad of wood chips, parts, residues, pellets and other agglomerates was finally on the rise to reach 7.8K cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decline. Over the period under review, imports of reached the peak figure at 14K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of wood chips, parts, residues, pellets and other agglomerates soared to $1.7M in 2022. Overall, imports posted modest growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 542 | N/A | N/A | 1,051 | 24.7% |
| Germany | 140 | 114 | 94.3 | 173 | 7.3% |
| Indonesia | 43.2 | 151 | 112 | 124 | 42.1% |
| China | 146 | 89.4 | 107 | 107 | -9.8% |
| Thailand | 525 | N/A | N/A | 2.6 | -83.0% |
| Sweden | 7.8 | N/A | N/A | N/A | 0% |
| Denmark | 16.6 | 69.5 | N/A | N/A | 318.7% |
| Others | 161 | 118 | 112 | 194 | 6.4% |
| Total | 1,582 | 542 | 425 | 1,651 | 1.4% |
Top Suppliers of Wood Chips, Parts, Residues, Pellets and Other Agglomerates to the Philippines in 2022:
- Singapore (3.6K cubic meters)
- Indonesia (3.4K cubic meters)
- Germany (0.4K cubic meters)
- China (0.2K cubic meters)
Exports of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines
Exports of wood chips, parts, residues, pellets and other agglomerates from the Philippines reached 3.8K cubic meters in 2022, picking up by 4.3% against the previous year's figure. In general, exports, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 126% against the previous year. Over the period under review, the exports of reached the peak figure at 5.4K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wood chips, parts, residues, pellets and other agglomerates contracted sharply to $559K in 2022. Overall, exports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2021 when exports increased by 60% against the previous year. As a result, the exports attained the peak of $937K, and then fell sharply in the following year.
| Export of Wood Chips, Parts, Residues, Pellets and Other Agglomerates in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 108 | 234 | 447 | 324 | 44.2% |
| Thailand | 173 | 161 | 97.9 | 151 | -4.4% |
| South Korea | 103 | N/A | 3.5 | 23.0 | -39.3% |
| China | 49.9 | 34.6 | N/A | 22.5 | -23.3% |
| United States | N/A | N/A | 336 | 21.7 | -93.5% |
| Taiwan (Chinese) | 92.0 | 109 | 53.7 | 17.3 | -42.7% |
| Others | 0.6 | 46.6 | N/A | 0.2 | -30.7% |
| Total | 526 | 586 | 937 | 559 | 2.0% |
Top Export Markets for Wood Chips, Parts, Residues, Pellets and Other Agglomerates from the Philippines in 2022:
- Japan (1583.0 cubic meters)
- South Korea (951.0 cubic meters)
- Thailand (781.0 cubic meters)
- China (189.0 cubic meters)
- Taiwan (Chinese) (164.0 cubic meters)
- United States (121.0 cubic meters)
This report provides an in-depth analysis of the market for wood chips, parts, residues, pellets and other agglomerates in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1619 - Wood chips and particles
- FCL 1693 - Wood pellets
- FCL 1694 - Other agglomerates
- FCL 1620 - Wood residues
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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