Philippines - Flax Fiber - Market Analysis, Forecast, Size, Trends and Insights
Philippines: Flax Fiber Market Overview 2019
Flax Fiber Market Size in the Philippines
The revenue of the flax fiber market in the Philippines amounted to $X in 2017, shrinking 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). Overall, flax fiber consumption continues to indicate a dramatic reduction. The most prominent rate of growth was recorded in 2008, when it surged by -X% year-to-year. The flax fiber consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.
Flax Fiber Export Prices by Country in the Philippines
The Philippines has no trade partners to describe.
Flax Fiber Imports in the Philippines
In 2017, flax fiber imports into the Philippines amounted to X kg, going down by -X% against the previous year. Overall, flax fiber imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2013, when imports increased by -X% against the previous year. Over the period under review, the flax fiber imports reached its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.
In value terms, flax fiber imports stood at $X in 2017. Overall, flax fiber imports continue to indicate a precipitous contraction. The imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.
Flax Fiber Imports by Country in the Philippines
In 2017, Italy (X tonnes) was the main flax fiber supplier to the Philippines, accounting for X% share of total imports. Moreover, flax fiber imports from Italy exceeded the figures recorded by the second largest supplier, Egypt (X tonnes), twofold. The third position in this ranking was occupied by India (X tonnes), with a X% share.
From 2007 to 2017, the average annual growth rate of volume from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and India (+X% per year).
In value terms, Italy ($X) constituted the largest supplier of flax fiber to the Philippines, making up X% of total flax fiber imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total imports. It was followed by India, with a X% share.
From 2007 to 2017, the average annual growth rate of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and India (+X% per year).
Flax Fiber Import Prices by Country in the Philippines
The average flax fiber import price stood at $X per tonne in 2017, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, an increase of X% y-o-y. In that year, the average import prices for flax fiber attained their peak level, and is likely to continue its growth in the immediate term.
Average import prices varied noticeably amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from Egypt ($X per tonne) and Belgium ($X per tonne), while prices for flax fiber imports from India ($X per tonne) and Italy ($X per tonne) were amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belgium (X% per year), the import prices for other major suppliers experienced a decline.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the flax fiber 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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