Stationery Product Price in the Philippines - 2023
Contents:
- Stationery Product Price in the Philippines (CIF) - 2023
- Stationery Product Price in the Philippines (FOB) - 2022
- Stationery Product Imports in the Philippines
- Stationery Product Exports in the Philippines
Stationery Product Price in the Philippines (CIF) - 2023
In June 2023, the average stationery product import price amounted to $6,130 per ton, rising by 15% against the previous month. Over the period under review, import price indicated strong growth from June 2022 to June 2023: its price increased at an average monthly rate of +6.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, stationery product import price increased by +45.5% against April 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 81% month-to-month. Over the period under review, average import prices hit record highs at $6,355 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Singapore ($15,449 per ton), while the price for Taiwan (Chinese) ($3,854 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Stationery Product Price in the Philippines (FOB) - 2022
In 2022, the average stationery product export price amounted to $3,701 per ton, declining by -42.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2015 an increase of 139% against the previous year. As a result, the export price reached the peak level of $16,705 per ton. From 2016 to 2022, the average 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 ($15,765 per ton), while the average price for exports to Palau ($171 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 (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Stationery Product Imports in the Philippines
In 2022, the amount of stationery products imported into the Philippines stood at 13K tons, increasing by 3.9% against the previous year's figure. Overall, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of 29K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, stationery product imports reduced to $15M in 2022. In general, imports, however, faced a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of $52M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Stationery Product in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.4 | 9.2 | 7.2 | 8.4 | -23.0% |
| Japan | 2.3 | 2.2 | 2.5 | 1.9 | -6.2% |
| Indonesia | 2.9 | 2.2 | 0.8 | 1.2 | -25.5% |
| United States | 1.1 | 0.8 | 0.7 | 0.8 | -10.1% |
| Taiwan (Chinese) | 0.9 | 0.9 | 0.8 | 0.7 | -8.0% |
| United Kingdom | 9.0 | 19.0 | 1.1 | 0.3 | -67.8% |
| France | 2.2 | 10.3 | 1.0 | 0.1 | -64.3% |
| Spain | 0.6 | 1.3 | 0.2 | N/A | -42.3% |
| Others | 4.9 | 6.0 | 2.6 | 2.0 | -25.8% |
| Total | 42.2 | 51.9 | 17.0 | 15.4 | -28.5% |
Top Suppliers of Stationery Product to the Philippines in 2022:
- France (undefinedK tons)
- Spain (undefinedK tons)
- China (9.3K tons)
- Indonesia (1.9K tons)
- United States (0.5K tons)
- Japan (0.3K tons)
- Taiwan (Chinese) (0.2K tons)
- United Kingdom (0.1K tons)
Stationery Product Exports in the Philippines
In 2022, approx. 1.1K tons of stationery products were exported from the Philippines; increasing by 555% compared with 2021. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, stationery product exports skyrocketed to $4.2M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Stationery Product in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 64.5 | 352 | 415 | 1,617 | 192.7% |
| United States | 72.3 | 72.4 | 254 | 600 | 102.5% |
| Taiwan (Chinese) | 5.3 | 101 | 128 | 497 | 354.3% |
| Papua New Guinea | 9.3 | 5.4 | 6.1 | 391 | 247.7% |
| Vietnam | 4.7 | 7.0 | 3.2 | 182 | 238.3% |
| Singapore | 2.6 | 6.4 | 5.5 | 34.1 | 135.8% |
| Palau | 0.5 | 0.5 | 0.3 | 16.0 | 217.5% |
| Canada | 31.4 | 0.2 | 2.5 | 13.0 | -25.5% |
| India | 8.4 | 0.9 | 0.6 | 0.5 | -61.0% |
| Others | 356 | 460 | 297 | 837 | 33.0% |
| Total | 555 | 1,007 | 1,112 | 4,188 | 96.1% |
Top Export Markets for Stationery Product from the Philippines in 2022:
- Papua New Guinea (264.3 tons)
- United States (259.5 tons)
- Taiwan (Chinese) (178.0 tons)
- Japan (102.6 tons)
- Palau (93.5 tons)
- Vietnam (62.6 tons)
- Singapore (41.5 tons)
- Canada (19.2 tons)
- India (0.4 tons)
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Explore the top import markets for stationery products around the world. Learn about the key countries driving the demand for stationery products.
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Explore the top import markets for stationery products around the world. Learn about the key countries driving the demand for stationery products.
