Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines - 2023
Contents:
- Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines (CIF) - 2022
- Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines (FOB) - 2022
- Imports of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines
- Exports of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines
Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines (CIF) - 2022
In 2022, the average import price for cellulose fibre-cement articles or the like; corrugated sheetses amounted to $313 per ton, reducing by -71% against the previous year. Over the period under review, the import price recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 230%. The import price peaked at $1,403 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 South Korea ($4,691 per ton), while the price for Thailand ($153 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines (FOB) - 2022
In 2022, the average export price for cellulose fibre-cement articles or the like; corrugated sheetses amounted to $11,487 per ton, approximately reflecting the previous year. Overall, the export price continues to indicate significant growth. The pace of growth appeared the most rapid in 2020 a decrease of -87.4% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Micronesia.
From 2019 to 2022, the rate of growth in terms of prices for Micronesia amounted to +571.2% per year.
Imports of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines
After two years of decline, purchases abroad of cellulose fibre-cement articles or the like; corrugated sheetses increased by 695% to 87 tons in 2022. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cellulose fibre-cement articles or the like; corrugated sheetses surged to $27K in 2022. Overall, imports, however, continue to indicate a noticeable shrinkage.
| Import of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.4 | 4.9 | 3.7 | 9.9 | 22.4% |
| Thailand | 9.1 | 4.6 | 0.6 | 9.4 | 1.1% |
| Indonesia | N/A | N/A | N/A | 5.1 | 0% |
| Japan | 6.3 | 5.6 | 4.2 | 0.3 | -63.8% |
| China | 7.0 | 3.9 | 0.8 | N/A | -66.2% |
| Others | 1.1 | 0.7 | 2.6 | 2.5 | 31.5% |
| Total | 28.9 | 19.7 | 11.8 | 27.2 | -2.0% |
Top Suppliers of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets to the Philippines in 2022:
- Thailand (61.7 tons)
- Indonesia (22.7 tons)
- South Korea (2.1 tons)
- Japan (0.5 tons)
Exports of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines
In 2022, overseas shipments of cellulose fibre-cement articles or the like; corrugated sheetses decreased by 0% to 154 kg, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 553% against the previous year. As a result, the exports attained the peak of 7.3 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cellulose fibre-cement articles or the like; corrugated sheetses stood at $1.8K in 2022. In general, exports faced a precipitous contraction. The smallest decline of -17.9% was in 2020.
| Export of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Micronesia | N/A | 0.3 | N/A | 1.8 | 144.9% |
| Papua New Guinea | 4.4 | N/A | N/A | N/A | 0% |
| United States | N/A | 3.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.4 | 3.7 | N/A | 1.8 | -25.8% |
Top Export Markets for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets from the Philippines in 2022:
- Micronesia (154.0 kg)
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