Philippines - Paper Hand Towels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPaper Hand Towels Price in the Philippines - 2023
Contents:
- Paper Hand Towels Price in the Philippines (CIF) - 2022
- Paper Hand Towels Price in the Philippines (FOB) - 2022
- Paper Hand Towels Imports in the Philippines
- Paper Hand Towels Exports in the Philippines
Paper Hand Towels Price in the Philippines (CIF) - 2022
The average paper hand towels import price stood at $2,279 per ton in 2022, growing by 6.1% against the previous year. Overall, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 37%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Thailand ($3,271 per ton), while the price for Singapore ($1,142 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) (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Hand Towels Price in the Philippines (FOB) - 2022
The average paper hand towels export price stood at $2,233 per ton in 2022, growing by 7.6% against the previous year. Overall, the export price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2013 an increase of 88%. The export price peaked at $7,578 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Micronesia ($2,233 per ton), while the average price for exports to the United Arab Emirates amounted to $2,223 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Paper Hand Towels Imports in the Philippines
For the third year in a row, the Philippines recorded decline in supplies from abroad of paper hand towels, which decreased by -24.6% to 4K tons in 2022. Overall, imports recorded a sharp slump. The smallest decline of -19.9% was in 2021.
In value terms, paper hand towels imports shrank markedly to $9.2M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The smallest decline of -0.2% was in 2021.
Import of Paper Hand Towels in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.2 | 7.1 | 6.6 | 5.0 | -11.4% |
Vietnam | 0.9 | 0.9 | 1.2 | 0.9 | 0.0% |
South Korea | 1.6 | 1.0 | 1.1 | 0.9 | -17.5% |
Indonesia | 1.5 | 0.6 | 1.1 | 0.8 | -18.9% |
Japan | 0.1 | 0.1 | 0.5 | 0.4 | 58.7% |
Thailand | 1.2 | 0.5 | 0.1 | 0.4 | -30.7% |
United States | 0.7 | 0.5 | 0.3 | 0.3 | -24.6% |
Others | 0.7 | 0.7 | 0.5 | 0.5 | -10.6% |
Total | 13.7 | 11.5 | 11.4 | 9.2 | -12.4% |
Top Suppliers of Paper Hand Towels to the Philippines in 2022:
- China (2460.9 tons)
- South Korea (329.8 tons)
- Vietnam (300.6 tons)
- Indonesia (295.7 tons)
- United States (162.5 tons)
- Thailand (127.5 tons)
- Japan (124.4 tons)
Paper Hand Towels Exports in the Philippines
In 2022, approx. 87 tons of paper hand towels were exported from the Philippines; jumping by 19% compared with the previous year. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,091%. As a result, the exports reached the peak of 251 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, paper hand towels exports skyrocketed to $195K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 962% against the previous year. As a result, the exports reached the peak of $497K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Paper Hand Towels in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Micronesia | 43.4 | 342 | 1.8 | 188 | 63.0% |
United Arab Emirates | 0.1 | N/A | 3.8 | 6.3 | 297.9% |
Vietnam | N/A | 98.8 | N/A | N/A | 0% |
Brunei Darussalam | N/A | 49.2 | 47.9 | N/A | -2.6% |
India | N/A | N/A | 45.3 | N/A | 0% |
Others | 3.2 | 7.1 | 53.7 | N/A | 309.6% |
Total | 46.8 | 497 | 152 | 195 | 60.9% |
Top Export Markets for Paper Hand Towels from the Philippines in 2022:
- Micronesia (84.4 tons)
- United Arab Emirates (2.8 tons)
This report provides an in-depth analysis of the paper hand towels 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 17221160 - Hand towels of paper pulp, paper, cellulose wadding or webs of cellulose fibres
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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Discover the top import markets for paper hand towels in the world. Learn about the key countries and their import values in the paper hand towel market.
Explore the top import markets for household and sanitary articles of paper, backed with data provided by the IndexBox market intelligence platform. Discover the countries driving the demand and key statistics for this thriving industry.
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Explore the top import markets for household and sanitary articles of paper, backed with data provided by the IndexBox market intelligence platform. Discover the countries driving the demand and key statistics for this thriving industry.
The U.S. (208K tons) and Germany (199K tons) represented roughly 20% of total imports of toilet paper in 2018.