Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines - 2023
Contents:
- Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines (CIF) - 2023
- Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines (FOB) - 2022
- Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines
- Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines
Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines (CIF) - 2023
The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $832 per ton in November 2023, jumping by 16% against the previous month. In general, import price indicated a strong increase from December 2022 to November 2023: its price increased at an average monthly rate of +5.4% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for tarpaulins, awnings and sunblinds of synthetic fibreses increased by +28.9% against September 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 133% m-o-m. As a result, import price reached the peak level of $923 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to November 2023, the rate of growth in terms of prices for China amounted to +5.0% per month.
Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines (FOB) - 2022
The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $3,074 per ton in 2022, jumping by 113% against the previous year. Over the period under review, the export price continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2013 an increase of 160% against the previous year. The export price peaked at $5,663 per ton in 2014; however, from 2015 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 Japan ($15,809 per ton), while the average price for exports to Papua New Guinea ($791 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 Japan (+0.8%), while the prices for the other major destinations experienced a decline.
Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines
In 2022, the amount of tarpaulins, awnings and sunblinds of synthetic fibreses imported into the Philippines skyrocketed to 89K tons, rising by 107% on the previous year. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 856% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses skyrocketed to $28M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 606%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 2.8 | 18.7 | 23.6 | 96.7% |
| Vietnam | 0.1 | 0.1 | 0.3 | 1.6 | 152.0% |
| India | N/A | N/A | 0.3 | 0.8 | 166.7% |
| Thailand | N/A | N/A | 0.5 | 0.8 | 60.0% |
| Indonesia | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Others | 0.3 | 0.1 | 0.6 | 0.4 | 10.1% |
| Total | 3.5 | 2.9 | 20.8 | 27.7 | 99.3% |
Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to the Philippines in 2022:
- China (73.9K tons)
- Vietnam (6.7K tons)
- India (3.4K tons)
- Indonesia (2.4K tons)
- Thailand (1.7K tons)
Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines
After two years of decline, overseas shipments of tarpaulins, awnings and sunblinds of synthetic fibreses increased by 11% to 43 tons in 2022. Over the period under review, exports, however, recorded a sharp reduction.
In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses surged to $132K in 2022. Overall, exports, however, continue to indicate a dramatic descent.
| Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 257 | 118 | 34.9 | 72.1 | -34.5% |
| Japan | 0.1 | 4.4 | 0.1 | 21.9 | 502.8% |
| Northern Mariana Islands | 17.5 | 9.9 | 14.7 | 19.9 | 4.4% |
| Others | 15.2 | 1.7 | 6.3 | 18.2 | 6.2% |
| Total | 290 | 134 | 55.9 | 132 | -23.1% |
Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from the Philippines in 2022:
- United States (26.7 tons)
- Northern Mariana Islands (14.1 tons)
- Japan (1.4 tons)
210
This report provides an in-depth analysis of the tarpaulins and sunblinds market in the Philippines.
460
This report provides an in-depth analysis of the camping equipment market in the Philippines.
330
This report provides an in-depth analysis of the sails market in the Philippines.
257
This report provides an in-depth analysis of the tent market in the Philippines.
391
Global Tarpaulins And Sunblinds Market Report 2018. This report provides an in-depth analysis of the global tarpaulins and sunblinds market.
1692
This report provides an in-depth analysis of the global camping equipment market.
372
Global Pneumatic Mattress Market Report 2018. This report provides an in-depth analysis of the global pneumatic mattress market.
781
This report provides an in-depth analysis of the global sails market.
486
Global Tent Market Report 2018. This report provides an in-depth analysis of the global tent market.
210
This report provides an in-depth analysis of the tarpaulins and sunblinds market in the Philippines.
119
Find out the latest projections for the camping goods market as demand continues to rise worldwide. Market volume is set to reach 3M tons by 2030, with a value of $22.6B.
462
Explore the world's best import markets for camping equipment, including the United States, Germany, France, and more. Learn key statistics and numbers from the IndexBox market intelligence platform.
1403
In 2016, the global camping equipment imports stood at X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the pe...
119
Find out the latest projections for the camping goods market as demand continues to rise worldwide. Market volume is set to reach 3M tons by 2030, with a value of $22.6B.
462
Explore the world's best import markets for camping equipment, including the United States, Germany, France, and more. Learn key statistics and numbers from the IndexBox market intelligence platform.
1403
In 2016, the global camping equipment imports stood at X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the pe...
