Philippines - Chemical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Philippines - Chemical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights

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Chemical Wood Pulp Price in the Philippines - 2023

Contents:

  1. Chemical Wood Pulp Price in the Philippines (CIF) - 2022
  2. Chemical Wood Pulp Price in the Philippines (FOB) - 2022
  3. Chemical Wood Pulp Imports in the Philippines
  4. Chemical Wood Pulp Exports in the Philippines

Chemical Wood Pulp Price in the Philippines (CIF) - 2022

The average chemical wood pulp import price stood at $878 per ton in 2022, jumping by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($891 per ton) and New Zealand ($832 per ton), while the price for Chile ($703 per ton) and Indonesia ($798 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Chemical Wood Pulp Price in the Philippines (FOB) - 2022

The average chemical wood pulp export price stood at $894 per ton in 2022, with a decrease of -16.8% against the previous year. Over the period under review, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2015 an increase of 23%. As a result, the export price attained the peak level of $1,577 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +7.5% per year.

Chemical Wood Pulp Imports in the Philippines

In 2022, approx. 121K tons of chemical wood pulp were imported into the Philippines; with an increase of 34% against the previous year's figure. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% 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 +53.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chemical wood pulp imports soared to $106M in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chemical Wood Pulp in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43.534.045.687.026.0%
New Zealand6.13.08.89.315.1%
South Africa5.41.52.93.5-13.5%
Indonesia2.22.01.92.20.0%
Chile3.52.02.91.8-19.9%
Others4.54.05.52.7-15.7%
Total65.246.567.610617.6%

Top Suppliers of Chemical Wood Pulp to the Philippines in 2022:

  1. United States (97.6K tons)
  2. New Zealand (11.2K tons)
  3. South Africa (4.3K tons)
  4. Indonesia (2.7K tons)
  5. Chile (2.6K tons)

Chemical Wood Pulp Exports in the Philippines

In 2022, the amount of chemical wood pulp exported from the Philippines dropped rapidly to 314 tons, shrinking by -25.4% compared with the previous year's figure. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 0.8%.

In value terms, chemical wood pulp exports declined significantly to $281K in 2022. In general, exports saw a abrupt setback. The smallest decline of -1.6% was in 2021.

Export of Chemical Wood Pulp in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.213.713.8281278.1%
Austria22.060.964.5N/A71.2%
United States6.112.69.9N/A27.4%
France151326270N/A33.7%
Indonesia13.324.116.7N/A12.1%
EstoniaN/AN/A62.2N/A0%
Others34421.515.2N/A-79.0%
Total541459452281-19.6%

Top Export Markets for Chemical Wood Pulp from the Philippines in 2022:

  1. China (314.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chemical wood pulp market 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 1660 - Chemical wood pulp, sulphite, unbleached
  • FCL 1661 - Chemical wood pulp, sulphite, bleached
  • FCL 1662 - Chemical wood pulp, sulphate, unbleached
  • FCL 1663 - Chemical wood pulp, sulphate, bleached

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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