Philippines - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTextile Wadding Price in the Philippines - 2023
Contents:
- Textile Wadding Price in the Philippines (CIF) - 2023
- Textile Wadding Price in the Philippines (FOB) - 2023
- Textile Wadding Imports in the Philippines
- Textile Wadding Exports in the Philippines
Textile Wadding Price in the Philippines (CIF) - 2023
In July 2023, the average textile wadding import price amounted to $5,258 per ton, with a decrease of -17.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 146% m-o-m. The import price peaked at $11,445 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Lithuania ($48,730 per ton), while the price for Indonesia ($1,049 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Textile Wadding Price in the Philippines (FOB) - 2023
In July 2023, the average textile wadding export price amounted to $13,154 per ton, rising by 40% against the previous month. In general, the export price posted a resilient increase. The growth pace was the most rapid in August 2022 when the average export price increased by 191% against the previous month. As a result, the export price attained the peak level of $17,799 per ton. From September 2022 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Indonesia ($22,808 per ton), while the average price for exports to Taiwan (Chinese) ($6,792 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Textile Wadding Imports in the Philippines
In 2022, textile wadding imports into the Philippines reduced markedly to 2.7K tons, with a decrease of -32.2% compared with 2021 figures. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. As a result, imports reached the peak of 4K tons, and then contracted dramatically in the following year.
In value terms, textile wadding imports fell remarkably to $18M in 2022. In general, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $25M, and then shrank rapidly in the following year.
| Import of Textile Wadding in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 3.5 | 2.3 | 2.5 | 6.0 | 19.7% |
| Lithuania | 0.3 | 0.4 | 0.9 | 3.2 | 120.1% |
| Japan | 7.2 | 9.0 | 11.9 | 1.7 | -38.2% |
| China | 2.6 | 1.8 | 2.0 | 1.7 | -13.2% |
| Netherlands | 0.9 | 1.2 | 1.4 | 1.6 | 21.1% |
| South Korea | 2.0 | 1.8 | 2.5 | 0.9 | -23.4% |
| Malaysia | 0.5 | 0.4 | 0.6 | 0.7 | 11.9% |
| Indonesia | 0.8 | 1.5 | 1.5 | 0.5 | -14.5% |
| Vietnam | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Hong Kong SAR | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Others | 2.3 | 2.3 | 1.8 | 1.2 | -19.5% |
| Total | 20.1 | 20.8 | 25.4 | 18.1 | -3.4% |
Top Suppliers of Textile Wadding to the Philippines in 2022:
- China (1239.3 tons)
- Thailand (561.5 tons)
- Japan (169.0 tons)
- Netherlands (130.8 tons)
- Lithuania (114.7 tons)
- Malaysia (110.4 tons)
- Hong Kong SAR (79.3 tons)
- Indonesia (55.2 tons)
- Vietnam (54.7 tons)
- South Korea (37.5 tons)
Textile Wadding Exports in the Philippines
In 2022, textile wadding exports from the Philippines skyrocketed to 2.2K tons, increasing by 83% compared with the year before. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, textile wadding exports skyrocketed to $21M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Textile Wadding in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1.5 | 3.8 | 5.7 | 6.7 | 64.7% |
| Myanmar | 2.6 | 3.0 | 0.7 | 5.5 | 28.4% |
| Cambodia | 1.0 | 0.7 | 2.1 | 2.3 | 32.0% |
| Taiwan (Chinese) | 1.0 | 0.8 | 1.1 | 1.5 | 14.5% |
| South Korea | 2.1 | 2.3 | 2.2 | 1.4 | -12.6% |
| Russia | N/A | N/A | N/A | 1.1 | 0% |
| Poland | 0.3 | 0.3 | N/A | 1.0 | 49.4% |
| Vietnam | 1.2 | 1.6 | 0.7 | 0.6 | -20.6% |
| Others | 0.5 | 3.1 | 0.2 | 0.6 | 6.3% |
| Total | 10.2 | 15.5 | 12.7 | 20.7 | 26.6% |
Top Export Markets for Textile Wadding from the Philippines in 2022:
- Myanmar (871.3 tons)
- Cambodia (348.5 tons)
- Indonesia (318.1 tons)
- Russia (199.0 tons)
- Taiwan (Chinese) (158.8 tons)
- Vietnam (111.4 tons)
- Poland (88.9 tons)
- South Korea (86.3 tons)
This report provides an in-depth analysis of the textile wadding 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 13991400 - Textile flock and dust and mill neps
- Prodcom 17221240 - Wadding, other articles of wadding
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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This report provides an in-depth analysis of the textile wadding market in the Philippines.
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This report provides an in-depth analysis of the wadding market in the Philippines.
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This report provides an in-depth analysis of the global textile wadding market.
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This report provides an in-depth analysis of the global wadding market.
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This report provides an in-depth analysis of the textile wadding market in the Philippines.
288
This report provides an in-depth analysis of the textile flock market in the Philippines.
403
This report provides an in-depth analysis of the wadding market in the Philippines.
638
This report provides an in-depth analysis of the global textile wadding market.
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In value terms, friction material and articles thereof exports stood at $X in 2016. Overall, friction material and articles thereof exports continue to indicate a relatively flat trend pattern. Ove...
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In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
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In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
740
In value terms, friction material and articles thereof imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tre...
865
In value terms, friction material and articles thereof exports stood at $X in 2016. Overall, friction material and articles thereof exports continue to indicate a relatively flat trend pattern. Ove...
1380
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
1317
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
