Philippines: Bleached Sulphite Pulp Market Overview 2020

Bleached Sulphite Pulp Market Size in the Philippines

The revenue of the bleached sulphite pulp market in the Philippines amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, bleached sulphite pulp consumption, however, continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Bleached sulphite pulp consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Bleached Sulphite Pulp Exports

Exports from the Philippines

Bleached sulphite pulp exports from the Philippines stood at X tonnes in 2018, picking up by X% against the previous year. In general, bleached sulphite pulp exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, bleached sulphite pulp exports stood at $X in 2018. Overall, bleached sulphite pulp exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, bleached sulphite pulp exports attained their peak figure in 2018 and are likely to see steady growth in the near future.

Exports by Country

China (X tonnes) was the main destination for bleached sulphite pulp exports from the Philippines, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to China stood at +X%.

In value terms, China ($X) also remains the key foreign market for bleached sulphite pulp exports from the Philippines.

From 2007 to 2018, the average annual growth rate of value to China amounted to +X%.

Export Prices by Country

The average bleached sulphite pulp export price stood at $X per tonne in 2018, approximately mirroring the previous year. In general, the bleached sulphite pulp export price continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

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

From 2007 to 2018, the rate of growth in terms of prices for China amounted to +X% per year.

Bleached Sulphite Pulp Imports

Imports into the Philippines

In 2018, the bleached sulphite pulp imports into the Philippines amounted to X tonnes, jumping by X% against the previous year. Overall, bleached sulphite pulp imports, however, continue to indicate a deep decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, bleached sulphite pulp imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, bleached sulphite pulp imports totaled $X in 2018. Overall, bleached sulphite pulp imports, however, continue to indicate a drastic decline. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, bleached sulphite pulp imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes), Chile (X tonnes) and New Zealand (X tonnes) were the main suppliers of bleached sulphite pulp imports to the Philippines, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Chile, while the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of bleached sulphite pulp to the Philippines, comprising X% of total bleached sulphite pulp imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and the U.S. (-X% per year).

Import Prices by Country

The average bleached sulphite pulp import price stood at $X per tonne in 2018, rising by X% against the previous year. In general, the import price indicated a prominent increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, bleached sulphite pulp import price increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2009 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while the price for Chile ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform