Philippines - Combined Reel Slitting And Re-Reeling Cutting Machines For Paper And Paperboard - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Combined Reel Slitting And Re-Reeling Cutting Machines For Paper And Paperboard - Market Analysis, Forecast, Size, Trends And Insights

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Reel Cutting Slitter Price in the Philippines - 2023

Contents:

  1. Reel Cutting Slitter Price in the Philippines (CIF) - 2022
  2. Reel Cutting Slitter Price in the Philippines (FOB) - 2022
  3. Reel Cutting Slitter Imports in the Philippines
  4. Reel Cutting Slitter Exports in the Philippines

Reel Cutting Slitter Price in the Philippines (CIF) - 2022

The average reel cutting slitter import price stood at $11,917 per unit in 2022, picking up by 41% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 216%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hong Kong SAR ($11,917 per unit) and India ($11,917 per unit), while the price for South Korea ($11,917 per unit) and China ($11,917 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Reel Cutting Slitter Price in the Philippines (FOB) - 2022

In 2022, the average reel cutting slitter export price amounted to $15,938 per unit, picking up by 11% against the previous year. In general, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2018 an increase of 176%. The export price peaked at $16,550 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($15,938 per unit) and Indonesia ($15,938 per unit), while the average price for exports to India ($15,938 per unit) and Thailand ($15,938 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports in the Philippines

For the third consecutive year, the Philippines recorded decline in supplies from abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard, which decreased by -31.8% to 501 units in 2022. Overall, imports recorded a dramatic descent. The smallest decline of -5% was in 2021. Imports peaked at 1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, reel cutting slitter imports dropped slightly to $6M in 2022. In general, imports continue to indicate a abrupt shrinkage. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Reel Cutting Slitter in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,6753,3813,0682,626-17.5%
Japan3,2073,2999601,664-19.6%
Taiwan (Chinese)1,095293340725-12.8%
South Korea897312296183-41.1%
Italy36048.2105116-31.4%
India0.92.01.1113400.7%
United States25976.9237111-24.6%
Germany26316532292.2-29.5%
Hong Kong SAR29445230.743.5-47.1%
Others545536867301-18.0%
Total11,5958,5656,2285,974-19.8%

Top Suppliers of Reel Cutting Slitter to the Philippines in 2022:

  1. China (220.0 units)
  2. Japan (140.0 units)
  3. Taiwan (Chinese) (61.0 units)
  4. South Korea (15.0 units)
  5. Italy (10.0 units)
  6. India (9.0 units)
  7. United States (9.0 units)
  8. Germany (8.0 units)
  9. Hong Kong SAR (4.0 units)

Reel Cutting Slitter Exports in the Philippines

In 2022, approx. 81 units of combined reel slitting and re-reeling cutting machines for paper and paperboard were exported from the Philippines; declining by -25% on the year before. Overall, exports, however, recorded notable growth. The pace of growth appeared the most rapid in 2021 with an increase of 151%. As a result, the exports attained the peak of 108 units, and then shrank dramatically in the following year.

In value terms, reel cutting slitter exports shrank remarkably to $1.3M in 2022. Over the period under review, exports, however, showed a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of 119%. As a result, the exports attained the peak of $1.5M, and then fell dramatically in the following year.

Export of Reel Cutting Slitter in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia0.6272125413782.9%
Trinidad and TobagoN/AN/AN/A2250%
United Arab EmiratesN/A117N/A19428.8%
Thailand181264320141-8.0%
Malaysia6.8N/A1.7129166.7%
Vietnam137N/A57790.0-13.1%
India152N/A65.076.0-20.6%
Taiwan (Chinese)327N/AN/A10.0-68.7%
ChinaN/AN/A61.12.0-96.7%
Uganda188N/AN/AN/A0%
MexicoN/AN/A145N/A0%
Myanmar109N/AN/AN/A0%
Saudi Arabia7.4N/A91.0N/A250.7%
Others66.352.416115.2-38.8%
Total1,1757051,5471,2953.3%

Top Export Markets for Reel Cutting Slitter from the Philippines in 2022:

  1. Indonesia (26.0 units)
  2. Trinidad and Tobago (14.0 units)
  3. United Arab Emirates (12.0 units)
  4. Thailand (9.0 units)
  5. Malaysia (8.0 units)
  6. Vietnam (6.0 units)
  7. India (5.0 units)
  8. Taiwan (Chinese) (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the reel cutting slitter market 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 28951133 - Combined reel slitting and re-reeling cutting machines for paper and paperboard (excluding film cutting machines and apparatus)

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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