Philippines - Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines - 2023
Contents:
- Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines (CIF) - 2023
- Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines (FOB) - 2022
- Imports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines
- Exports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines
Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines (CIF) - 2023
In September 2023, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $738 per ton, with a decrease of -8.7% against the previous month. In general, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 3.7% month-to-month. Over the period under review, average import prices hit record highs at $1,141 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Taiwan (Chinese) ($1,507 per ton), while the price for India ($659 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines (FOB) - 2022
The average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $1,277 per ton in 2022, rising by 9.7% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 1,702% against the previous year. As a result, the export price attained the peak level of $22,543 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2013 to 2022, the rate of growth in terms of prices for Thailand amounted to +0.9% per year.
Imports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines
Imports of polyester tow and staple, not carded, combed or otherwise processed for spinning into the Philippines rose rapidly to 18K tons in 2022, surging by 6.4% compared with 2021. In general, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 7.1%.
In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $20M in 2022. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year.
Import of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 11.8 | 4.9 | 8.7 | 8.6 | -10.0% |
China | 4.5 | 2.6 | 3.5 | 4.5 | 0.0% |
Vietnam | 2.0 | 2.5 | 2.3 | 3.9 | 24.9% |
Taiwan (Chinese) | 3.9 | 1.1 | 1.4 | 1.4 | -28.9% |
South Korea | 0.7 | 0.8 | 0.9 | 1.0 | 12.6% |
Indonesia | 0.8 | 0.8 | 0.7 | 0.5 | -14.5% |
India | 3.2 | 1.6 | 0.3 | 0.1 | -68.5% |
Others | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
Total | 27.5 | 14.6 | 18.1 | 20.2 | -9.8% |
Top Suppliers of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning to the Philippines in 2022:
- Thailand (7.4K tons)
- China (4.9K tons)
- Vietnam (3.6K tons)
- South Korea (0.9K tons)
- Taiwan (Chinese) (0.8K tons)
- Indonesia (0.4K tons)
- India (0.1K tons)
Exports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines
After three years of growth, overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -3.6% to 151 tons in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 76,309%.
In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning expanded markedly to $193K in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 18,913% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
Export of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | N/A | N/A | 182 | 188 | 3.3% |
Brazil | N/A | 41.6 | N/A | N/A | 0% |
Others | 0.2 | 2.1 | N/A | 4.4 | 180.2% |
Total | 0.2 | 43.7 | 182 | 193 | 888.2% |
Top Export Markets for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning from the Philippines in 2022:
- Thailand (150.6 tons)
This report provides an in-depth analysis of the market for polyester tow and staple, not carded, combed or otherwise processed for spinning 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 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
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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