Philippines - Tulles And Other Net Fabrics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNet Fabric Price in the Philippines - 2023
Contents:
- Net Fabric Price in the Philippines (CIF) - 2022
- Net Fabric Price in the Philippines (FOB) - 2022
- Net Fabric Imports in the Philippines
- Net Fabric Exports in the Philippines
Net Fabric Price in the Philippines (CIF) - 2022
In 2022, the average net fabric import price amounted to $7,714 per ton, falling by -34.4% against the previous year. In general, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 40% against the previous year. Over the period under review, average import prices attained the maximum at $11,763 per ton in 2021, and then shrank rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($20,553 per ton), while the price for Taiwan (Chinese) ($5,326 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Net Fabric Price in the Philippines (FOB) - 2022
The average net fabric export price stood at $3,792 per ton in 2022, declining by -59.3% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2018 an increase of 218% against the previous year. As a result, the export price attained the peak level of $39,161 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to +7.2% per year.
Net Fabric Imports in the Philippines
In 2022, the amount of tulles and other net fabrics imported into the Philippines surged to 364 tons, with an increase of 279% against 2021 figures. Overall, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, net fabric imports surged to $2.8M in 2022. Over the period under review, imports enjoyed buoyant growth.
Import of Net Fabric in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 50.4 | 22.6 | 71.1 | 1,065 | 176.5% |
China | 1,525 | 2,890 | 484 | 636 | -25.3% |
Hong Kong SAR | 35.3 | 14.7 | 257 | 455 | 134.5% |
Vietnam | N/A | 15.5 | 35.4 | 265 | 313.5% |
South Korea | 13.9 | 0.9 | 54.0 | 99.9 | 93.0% |
Others | 207 | 77.3 | 229 | 288 | 11.6% |
Total | 1,832 | 3,021 | 1,131 | 2,809 | 15.3% |
Top Suppliers of Net Fabric to the Philippines in 2022:
- Taiwan (Chinese) (199.9 tons)
- China (108.6 tons)
- Vietnam (23.4 tons)
- Hong Kong SAR (22.1 tons)
- South Korea (7.4 tons)
Net Fabric Exports in the Philippines
For the third consecutive year, the Philippines recorded decline in overseas shipments of tulles and other net fabrics, which decreased by -76.1% to 79 kg in 2022. Overall, exports showed a significant contraction. The smallest decline of -29.3% was in 2021.
In value terms, net fabric exports reduced dramatically to $301 in 2022. In general, exports recorded a significant decline. The smallest decline of -30.5% was in 2021.
Export of Net Fabric in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | N/A | N/A | N/A | 0.3 | 0% |
Hong Kong SAR | 13.3 | 0.1 | N/A | N/A | -99.2% |
Sri Lanka | 25.8 | 3.7 | 2.9 | N/A | -66.5% |
Others | 11.2 | 0.7 | 0.2 | N/A | -86.6% |
Total | 50.2 | 4.4 | 3.1 | 0.3 | -81.9% |
Top Export Markets for Net Fabric from the Philippines in 2022:
- Vietnam (10.0 kg)
This report provides an in-depth analysis of the net fabric 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:
- Prodcom 13991130 - Tulles and other net fabrics (excluding woven, knitted or crocheted)
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
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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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In value terms, tulles and other net fabrics imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern ind...
In value terms, tulles and other net fabrics exports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total exports value increased at an average annual rate ...
In value terms, tulles and other net fabrics imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern ind...
In value terms, tulles and other net fabrics exports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total exports value increased at an average annual rate ...