Philippines - Non-Cellular Polystyrene Films, Sheets, Foil and Strip - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Cellular Polystyrene Film Price in the Philippines - 2023
Contents:
- Non-Cellular Polystyrene Film Price in the Philippines (CIF) - 2022
- Non-Cellular Polystyrene Film Price in the Philippines (FOB) - 2022
- Non-Cellular Polystyrene Film Imports in the Philippines
- Non-Cellular Polystyrene Film Exports in the Philippines
Non-Cellular Polystyrene Film Price in the Philippines (CIF) - 2022
In 2022, the average non-cellular polystyrene film import price amounted to $3,410 per ton, waning by -17.2% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 when the average import price increased by 80% against the previous year. The import price peaked at $4,120 per ton in 2021, and then declined markedly in the following year.
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 Japan ($11,081 per ton), while the price for Malaysia ($1,079 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Cellular Polystyrene Film Price in the Philippines (FOB) - 2022
The average non-cellular polystyrene film export price stood at $830 per ton in 2022, shrinking by -24.4% against the previous year. Overall, the export price, however, showed a remarkable increase. The growth pace was the most rapid in 2016 when the average export price increased by 118%. As a result, the export price attained the peak level of $1,875 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1,680 per ton), while the average price for exports to China ($742 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Cellular Polystyrene Film Imports in the Philippines
In 2022, non-cellular polystyrene film imports into the Philippines soared to 4.6K tons, rising by 20% compared with the previous year. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-cellular polystyrene film imports contracted modestly to $16M in 2022. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50%. As a result, imports reached the peak of $16M, leveling off in the following year.
| Import of Non-Cellular Polystyrene Film in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.2 | 3.6 | 4.2 | 4.5 | 12.0% |
| Indonesia | 2.4 | 1.9 | 3.0 | 3.5 | 13.4% |
| China | 2.3 | 1.6 | 3.5 | 2.8 | 6.8% |
| Taiwan (Chinese) | 1.3 | 1.1 | 2.2 | 2.1 | 17.3% |
| South Korea | 2.8 | 0.9 | 1.5 | 0.8 | -34.1% |
| Malaysia | 0.3 | 0.3 | 0.1 | 0.6 | 26.0% |
| Vietnam | 0.8 | 0.5 | 0.8 | 0.6 | -9.1% |
| Others | 1.1 | 0.6 | 0.7 | 0.8 | -10.1% |
| Total | 14.1 | 10.6 | 15.8 | 15.7 | 3.6% |
Top Suppliers of Non-Cellular Polystyrene Film to the Philippines in 2022:
- China (1331.0 tons)
- Indonesia (1292.2 tons)
- Malaysia (600.5 tons)
- Japan (409.8 tons)
- Taiwan (Chinese) (317.3 tons)
- South Korea (258.3 tons)
- Vietnam (238.7 tons)
Non-Cellular Polystyrene Film Exports in the Philippines
In 2022, overseas shipments of non-cellular polystyrene films, sheets, foil and strip decreased by -2% to 286 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. As a result, the exports attained the peak of 580 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-cellular polystyrene film exports dropped sharply to $237K in 2022. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 98%. As a result, the exports reached the peak of $557K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Non-Cellular Polystyrene Film in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 167 | 268 | 94.1 | 156 | -2.2% |
| South Korea | 115 | 290 | 224 | 66.0 | -16.9% |
| Japan | 0.1 | 0.1 | 1.8 | 14.6 | 426.6% |
| Others | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Total | 282 | 557 | 320 | 237 | -5.6% |
Top Export Markets for Non-Cellular Polystyrene Film from the Philippines in 2022:
- China (210.3 tons)
- South Korea (66.5 tons)
- Japan (8.7 tons)
This report provides an in-depth analysis of the non-cellular polystyrene film 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 22213030 - Other plates..., of polymers of styrene, not reinforced, etc.
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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