Philippines - Chemical Wood Pulp (Sulphite, Other Than Dissolving Grades) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Philippines - Chemical Wood Pulp (Sulphite, Other Than Dissolving Grades) - Market Analysis, Forecast, Size, Trends and Insights

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Sulphite Wood Pulp Price in the Philippines - 2023

Contents:

  1. Sulphite Wood Pulp Price in the Philippines (CIF) - 2022
  2. Sulphite Wood Pulp Price in the Philippines (FOB) - 2022
  3. Sulphite Wood Pulp Imports in the Philippines
  4. Sulphite Wood Pulp Exports in the Philippines

Sulphite Wood Pulp Price in the Philippines (CIF) - 2022

In 2022, the average sulphite wood pulp import price amounted to $1,893 per ton, rising by 11% against the previous year. Overall, the import price saw a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 66% against the previous year. Over the period under review, average import prices reached the peak figure 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 the United States ($4,429 per ton), while the price for China ($147 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphite Wood Pulp Price in the Philippines (FOB) - 2022

The average sulphite wood pulp export price stood at $939 per ton in 2022, reducing by -5.1% against the previous year. In general, the export price saw a perceptible decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 31%. The export price peaked at $1,819 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.1% per year.

Sulphite Wood Pulp Imports in the Philippines

In 2022, approx. 475 tons of chemical wood pulp (sulphite, other than dissolving grades) were imported into the Philippines; with a decrease of -41.7% compared with the year before. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 814 tons, and then dropped markedly in the following year.

In value terms, sulphite wood pulp imports shrank sharply to $900K in 2022. Overall, imports showed a noticeable setback. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. As a result, imports attained the peak of $1.4M, and then contracted rapidly in the following year.

Import of Sulphite Wood Pulp in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany46239952961910.2%
New Zealand310226130122-26.7%
United States12751.740.462.1-21.2%
South Africa52.546.832.837.5-10.6%
Singapore34.132.324.029.1-5.1%
China11.28.65.25.1-23.1%
Others26.125.663224.9-1.6%
Total1,0237911,393900-4.2%

Top Suppliers of Sulphite Wood Pulp to the Philippines in 2022:

  1. New Zealand (207.5 tons)
  2. Germany (155.5 tons)
  3. South Africa (43.6 tons)
  4. China (34.8 tons)
  5. United States (14.0 tons)
  6. Singapore (13.9 tons)

Sulphite Wood Pulp Exports in the Philippines

Sulphite wood pulp exports from the Philippines reduced to 264 kg in 2022, which is down by -14.8% on the previous year's figure. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 90%.

In value terms, sulphite wood pulp exports shrank remarkably to $248 in 2022. In general, exports showed a sharp descent. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year.

Export of Sulphite Wood Pulp in the Philippines (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,072190307248-38.6%
OthersN/AN/AN/AN/A0%
Total1,072190307248-38.6%

Top Export Markets for Sulphite Wood Pulp from the Philippines in 2022:

  1. China (264.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sulphite wood pulp 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 17111300 - Chemical wood pulp, sulphite, other than dissolving grades

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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