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Philippines - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
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Philippines: Cotton Yarn Market Overview 2021

Cotton Yarn Market Size in the Philippines

The Philippine cotton yarn market stood at $X in 2019, approximately reflecting 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). In general, consumption showed a relatively flat trend pattern.

Cotton Yarn Exports

Exports from the Philippines

In 2020, shipments abroad of cotton yarn increased by X% to X tonnes, rising for the sixth year in a row after four years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, cotton yarn exports skyrocketed to $X in 2020. Overall, exports, however, showed a slight descent. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

Thailand (X tonnes) was the main destination for cotton yarn exports from the Philippines, accounting for a X% share of total exports. Moreover, cotton yarn exports to Thailand exceeded the volume sent to the second major destination, South Africa (X tonnes), more than tenfold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Thailand totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-X% per year) and Spain (+X% per year).

It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Thailand stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-X% per year) and Spain (+X% per year).

Export Prices by Country

The average cotton yarn export price stood at $X per tonne in 2020, waning by -X% against the previous year. In general, the export price saw a slight shrinkage. The pace of growth was the most pronounced in 2009 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. from 2010 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2020, the countries with the highest prices were Thailand ($X per tonne) and Malaysia ($X per tonne), while the average price for exports to Spain ($X per tonne) and South Africa ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced mixed trend patterns.

Cotton Yarn Imports

Imports into the Philippines

In 2020, supplies from abroad of cotton yarn increased by X% to X tonnes for the first time since 2014, thus ending a five-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

In value terms, cotton yarn imports expanded rapidly to $X in 2020. Overall, imports showed a slight increase. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Imports peaked at $X in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Viet Nam (X tonnes) was the main supplier of cotton yarn to the Philippines, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Viet Nam stood at +X%.

In value terms, Viet Nam ($X) constituted the largest supplier of cotton yarn to the Philippines.

From 2007 to 2020, the average annual growth rate of value from Viet Nam totaled +X%.

Import Prices by Country

The average cotton yarn import price stood at $X per tonne in 2020, waning by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Viet Nam.

From 2007 to 2020, the rate of growth in terms of prices for Viet Nam amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest producers of cotton yarn in the world?
+
The country with the largest volume of cotton yarn production was Free Zones (1.9K tonnes), accounting for 100% of total volume.
What are the leading suppliers of cotton yarn to the Philippines?
+
In value terms, Viet Nam ($44M) constituted the largest supplier of cotton yarn to the Philippines.
What are the leading importers of cotton yarn from the Philippines?
+
It was followed by Spain, with a 4.7% share.
What is the average export price for cotton yarn in the Philippines?
+
The average cotton yarn export price stood at $2,703 per tonne in 2020, with a decrease of -12.8% against the previous year.
What is the average import price for cotton yarn in the Philippines?
+
In 2020, the average cotton yarn import price amounted to $2,686 per tonne, with a decrease of -7.2% against the previous year.

Product coverage:
• Prodcom 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
• Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
• Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.

This report provides an in-depth analysis of the cotton yarn 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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