Philippines - Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Board of Bagasse, Bamboo or Other Particles in the Philippines - 2023

Contents:

  1. Price for Board of Bagasse, Bamboo or Other Particles in the Philippines (CIF) - 2022
  2. Price for Board of Bagasse, Bamboo or Other Particles in the Philippines (FOB) - 2022
  3. Imports of Board of Bagasse, Bamboo or Other Particles in the Philippines
  4. Exports of Board of Bagasse, Bamboo or Other Particles in the Philippines

Price for Board of Bagasse, Bamboo or Other Particles in the Philippines (CIF) - 2022

In 2022, the average import price for particle board and similar board of ligneous materials (excluding wood) amounted to $411 per cubic meter, surging by 3.2% against the previous year. In general, the import price saw a resilient expansion. The growth pace was the most rapid in 2017 when the average import price increased by 161% against the previous year. As a result, import price attained the peak level of $786 per cubic meter. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($414 per cubic meter) and Taiwan (Chinese) ($411 per cubic meter), while the price for Thailand ($404 per cubic meter) and Japan ($410 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Board of Bagasse, Bamboo or Other Particles in the Philippines (FOB) - 2022

In 2022, the average export price for particle board and similar board of ligneous materials (excluding wood) amounted to $67 per cubic meter, standing approx. at the previous year. Over the period under review, the export price saw a significant curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 22,141%. The export price peaked at $4,202 per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Palau amounted to +57.1% per year.

Imports of Board of Bagasse, Bamboo or Other Particles in the Philippines

In 2022, approx. 1.3K cubic meters of particle board and similar board of ligneous materials (excluding wood) were imported into the Philippines; which is down by -43.6% compared with the previous year's figure. Overall, imports showed a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 6.2% against the previous year. Imports peaked at 3.8K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) declined rapidly to $527K in 2022. In general, imports faced a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, imports of attained the maximum at $1.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Board of Bagasse, Bamboo or Other Particles in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China433200402308-10.7%
Taiwan (Chinese)5.02.49.295.8167.6%
Japan36.214053.786.633.7%
Malaysia47411310021.1-64.6%
Thailand26.427.720.212.5-22.1%
Hong Kong SAR21.425.531.9N/A22.1%
Austria94.2102116N/A11.0%
Singapore19.119.621.0N/A4.9%
Germany59.539.415.7N/A-48.6%
Romania18.424.233.2N/A34.3%
Others65.054.61023.6-61.9%
Total1,252749905527-25.1%

Top Suppliers of Board of Bagasse, Bamboo or Other Particles to the Philippines in 2022:

  1. China (749.0 cubic meters)
  2. Taiwan (Chinese) (233.0 cubic meters)
  3. Japan (211.0 cubic meters)
  4. Malaysia (51.0 cubic meters)
  5. Thailand (31.0 cubic meters)

Exports of Board of Bagasse, Bamboo or Other Particles in the Philippines

In 2022, after two years of decline, there was decline in shipments abroad of particle board and similar board of ligneous materials (excluding wood), when their volume decreased by 0% to 1 cubic meters. In general, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) amounted to $67 in 2022. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Board of Bagasse, Bamboo or Other Particles in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A5.50%
ThailandN/AN/AN/AN/A0%
IndiaN/AN/AN/AN/A0%
Palau2.61.40.4N/A-60.8%
Others-2.6-1.4-0.4-5.528.4%
TotalN/AN/AN/A0.10%

Top Export Markets for Board of Bagasse, Bamboo or Other Particles from the Philippines in 2022:

  1. South Korea (7.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for board of bagasse, bamboo or other particles 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 16211350 - Particle board and similar board of ligneous materials (excluding wood)

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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