Philippines - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Jute and Jute-Like Fibers in the Philippines - 2023
Contents:
- Price for Jute and Jute-Like Fibers in the Philippines (CIF) - 2022
- Price for Jute and Jute-Like Fibers in the Philippines (FOB) - 2022
- Imports of Jute and Jute-Like Fibers in the Philippines
- Exports of Jute and Jute-Like Fibers in the Philippines
Price for Jute and Jute-Like Fibers in the Philippines (CIF) - 2022
The average jute and jute-like fibers import price stood at $1,686 per ton in 2022, surging by 13% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 36% against the previous year. The import price peaked in 2022 and is expected to retain 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 Kenya ($3,150 per ton), while the price for Tanzania ($1,618 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Jute and Jute-Like Fibers in the Philippines (FOB) - 2022
The average jute and jute-like fibers export price stood at $1,566 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price faced a abrupt slump. The growth pace was the most rapid in 2015 an increase of 63% against the previous year. The export price peaked at $5,622 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,943 per ton), while the average price for exports to Thailand ($739 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 Germany (+3.9%), while the prices for the other major destinations experienced a decline.
Imports of Jute and Jute-Like Fibers in the Philippines
In 2022, approx. 136 tons of jute and jute-like fibers were imported into the Philippines; declining by -15% on 2021. Over the period under review, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year.
In value terms, jute and jute-like fibers imports shrank modestly to $230K in 2022. Overall, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year.
| Import of Jute and Jute-Like Fibers in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 195 | 161 | 203 | 211 | 2.7% |
| Kenya | 241 | 1.9 | 33.2 | 18.4 | -57.6% |
| Bangladesh | 20.3 | 0.6 | 1.5 | 0.3 | -75.5% |
| Ecuador | N/A | 49.8 | N/A | N/A | 0% |
| India | 6.3 | 3.4 | 0.6 | N/A | -69.1% |
| Others | 20.1 | 0.1 | 0.6 | 0.3 | -75.4% |
| Total | 482 | 217 | 239 | 230 | -21.9% |
Top Suppliers of Jute and Jute-Like Fibers to the Philippines in 2022:
- India (undefined tons)
- Tanzania (130.2 tons)
- Kenya (5.8 tons)
- Bangladesh (0.1 tons)
Exports of Jute and Jute-Like Fibers in the Philippines
In 2022, approx. 21 tons of jute and jute-like fibers were exported from the Philippines; waning by -33.2% on the previous year's figure. Over the period under review, exports faced a sharp decrease. The smallest decline of -7.9% was in 2021.
In value terms, jute and jute-like fibers exports dropped notably to $33K in 2022. In general, exports faced a dramatic slump. The smallest decline of -8.9% was in 2021.
| Export of Jute and Jute-Like Fibers in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 38.1 | 20.8 | 12.8 | 10.9 | -34.1% |
| China | 27.7 | 1.9 | 6.3 | 4.1 | -47.1% |
| Germany | 2.7 | 2.0 | 2.8 | 2.3 | -5.2% |
| Japan | 2.5 | 1.0 | 3.2 | 2.1 | -5.6% |
| Portugal | 0.6 | 1.6 | 5.0 | 1.3 | 29.4% |
| Thailand | 4.9 | 1.6 | 3.2 | 1.2 | -37.4% |
| Others | 24.0 | 25.1 | 15.9 | 10.9 | -23.1% |
| Total | 100 | 54.0 | 49.2 | 32.8 | -31.0% |
Top Export Markets for Jute and Jute-Like Fibers from the Philippines in 2022:
- Spain (5.6 tons)
- China (4.8 tons)
- Japan (2.2 tons)
- Germany (2.1 tons)
- Thailand (1.7 tons)
- Portugal (0.2 tons)
This report provides an in-depth analysis of the market for jute and jute-like fibers 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 780 - Jute
- FCL 782 - Jute-like 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the market for jute and jute-like fibers in the Philippines.
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This report provides an in-depth analysis of the global market for jute and jute-like fibers.
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This report provides an in-depth analysis of the market for jute and jute-like fibers in the Philippines.
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This report provides an in-depth analysis of the global market for jute and jute-like fibers.
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Bangladesh dominates jute exports structure, reaching 229K tons, which was near 79% of total exports in 2018.
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In value terms, jute and other textile bast fibers imports amounted to $X in 2016. Overall, it indicated a significant growth from 2007 to 2016: the total imports value decreased at an average annu...
3238
In value terms, yarn of jute imports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the l...
595
In value terms, jute and other textile bast fibers exports amounted to $X in 2016. Overall, jute and other textile bast fibers exports continue to indicate a relatively flat trend pattern. Over the...
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In value terms, yarn of jute exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over t...
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Global jute consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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In 2015, the countries with the highest levels of jute production were India (X thousand tons), Bangladesh (X thousand tons), China (X thousand tons), together accounting for X% of total output.
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The United Republic of Tanzania dominates in the global jute trade. In 2014, the United Republic of Tanzania exported X thousand tons of jute totaling X million USD, X% over the previous year. Its primary trading partner was China, where it suppli
1384
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
