Philippines - Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaper and Paperboard Price in the Philippines - 2023
Contents:
- Paper and Paperboard Price in the Philippines (CIF) - 2022
- Paper and Paperboard Price in the Philippines (FOB) - 2022
- Paper and Paperboard Imports in the Philippines
- Paper and Paperboard Exports in the Philippines
Paper and Paperboard Price in the Philippines (CIF) - 2022
The average paper and paperboard import price stood at $1,239 per ton in 2022, with an increase of 28% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard import price increased by +82.6% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($2,201 per ton), while the price for Russia ($695 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper and Paperboard Price in the Philippines (FOB) - 2022
The average paper and paperboard export price stood at $1,767 per ton in 2022, reducing by -32.4% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard export price decreased by -37.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 84% against the previous year. As a result, the export price reached the peak level of $2,846 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($2,701 per ton), while the average price for exports to China ($703 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 Vietnam (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Paper and Paperboard Imports in the Philippines
For the third consecutive year, the Philippines recorded decline in supplies from abroad of paper and paperboard, which decreased by -13.5% to 871K tons in 2022. Overall, imports saw a abrupt decline. The smallest decline of -5.4% was in 2021.
In value terms, paper and paperboard imports rose rapidly to $1.1B in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Paper and Paperboard in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 165 | 164 | 200 | 232 | 12.0% |
| China | 151 | 118 | 132 | 205 | 10.7% |
| Japan | 57.1 | 43.0 | 65.8 | 104 | 22.1% |
| South Korea | 71.0 | 60.2 | 68.8 | 75.7 | 2.2% |
| Finland | 55.2 | 40.1 | 46.4 | 63.8 | 4.9% |
| Singapore | 61.3 | 65.1 | 68.0 | 57.8 | -1.9% |
| United States | 60.0 | 54.5 | 35.9 | 45.1 | -9.1% |
| Sweden | 45.6 | 33.6 | 29.9 | 43.5 | -1.6% |
| Australia | 34.4 | 16.3 | 34.0 | 36.4 | 1.9% |
| Vietnam | 18.7 | 17.7 | 28.7 | 30.6 | 17.8% |
| Russia | 19.1 | 19.8 | 17.3 | 27.4 | 12.8% |
| Taiwan (Chinese) | 30.8 | 25.1 | 29.7 | 25.0 | -6.7% |
| Thailand | 26.3 | 22.0 | 28.9 | 20.9 | -7.4% |
| Others | 241 | 223 | 188 | 112 | -22.5% |
| Total | 1,036 | 902 | 973 | 1,078 | 1.3% |
Top Suppliers of Paper and Paperboard to the Philippines in 2022:
- Indonesia (162.1K tons)
- China (135.2K tons)
- Japan (104.7K tons)
- Finland (71.9K tons)
- South Korea (62.5K tons)
- Sweden (47.0K tons)
- United States (43.7K tons)
- Russia (39.4K tons)
- Australia (36.4K tons)
- Vietnam (29.6K tons)
- Singapore (26.3K tons)
- Taiwan (Chinese) (21.4K tons)
- Thailand (15.9K tons)
Paper and Paperboard Exports in the Philippines
In 2022, shipments abroad of paper and paperboard was finally on the rise to reach 38K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a relatively flat trend pattern.
In value terms, paper and paperboard exports skyrocketed to $67M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Paper and Paperboard in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 10.7 | 7.5 | 9.5 | 9.5 | -3.9% |
| United States | 13.3 | 15.0 | 8.3 | 9.1 | -11.9% |
| South Korea | 4.9 | 5.2 | 5.9 | 8.5 | 20.2% |
| Thailand | 1.3 | 1.4 | 0.9 | 8.1 | 84.0% |
| Pakistan | 4.8 | 2.2 | 3.9 | 5.8 | 6.5% |
| Malaysia | 4.9 | 0.6 | 2.7 | 4.2 | -5.0% |
| Taiwan (Chinese) | 3.1 | 3.8 | 3.5 | 3.7 | 6.1% |
| Bangladesh | N/A | 0.2 | 1.1 | 3.3 | 306.2% |
| China | 0.7 | 0.1 | 0.5 | 2.8 | 58.7% |
| Vietnam | 3.8 | 3.2 | 0.7 | 1.6 | -25.0% |
| United Arab Emirates | 4.3 | 5.3 | 2.4 | 0.8 | -42.9% |
| Others | 7.8 | 6.5 | 6.5 | 10.0 | 8.6% |
| Total | 59.6 | 51.0 | 45.8 | 67.4 | 4.2% |
Top Export Markets for Paper and Paperboard from the Philippines in 2022:
- Thailand (9.3K tons)
- Indonesia (4.6K tons)
- China (4.0K tons)
- South Korea (4.0K tons)
- Bangladesh (3.7K tons)
- Malaysia (2.7K tons)
- Pakistan (2.2K tons)
- Vietnam (1.7K tons)
- Taiwan (Chinese) (1.5K tons)
- United States (0.6K tons)
- United Arab Emirates (0.3K tons)
This report provides an in-depth analysis of the paper and paperboard 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 1676 - Household and sanitary papers
- FCL 1617 - Case materials
- FCL 1618 - Cartonboard
- FCL 1621 - Wrapping papers
- FCL 1622 - Other papers mainly for packaging
- FCL 1683 - Other paper and paperboard n.e.s. (not elsewhere specified)
- FCL 1671 - Newsprint
- FCL 1612 - Printing and writing papers, uncoated, mechanical
- FCL 1615 - Printing and writing papers, uncoated, wood free
- FCL 1616 - Printing and writing papers, coated
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.
-
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
-
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
-
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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