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Philippines - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Wrapping Papers Market Overview 2021

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Wrapping Papers Market Size in the Philippines

After two years of growth, the Philippine wrapping papers market decreased by -X% to $X in 2020. In general, the total consumption indicated prominent growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2019, and then fell in the following year.

Wrapping Papers Exports

Exports from the Philippines

After two years of decline, overseas shipments of wrapping paper, packaging paper and paperboard increased by X% to X tonnes in 2020. Overall, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, wrapping papers exports skyrocketed to $X in 2020. In general, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X tonnes) was the main destination for wrapping papers exports from the Philippines, accounting for a X% share of total exports. Moreover, wrapping papers exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, Viet Nam (X tonnes), tenfold.

From 2007 to 2020, the average annual growth rate of volume to Taiwan (Chinese) totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Thailand (+X% per year).

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for wrapping papers exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Taiwan (Chinese) stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Thailand (+X% per year).

Export Prices by Country

The average wrapping papers export price stood at $X per tonne in 2020, waning by -X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced a decline.

Wrapping Papers Imports

Imports into the Philippines

In 2020, the amount of wrapping paper, packaging paper and paperboard imported into the Philippines dropped slightly to X tonnes, declining by -X% on the previous year. In general, total imports indicated a strong expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, wrapping papers imports declined to $X in 2020. Over the period under review, total imports indicated a buoyant increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Imports peaked at $X in 2019, and then dropped in the following year.

Imports by Country

Germany (X tonnes), Japan (X tonnes) and the U.S. (X tonnes) were the main suppliers of wrapping papers imports to the Philippines, together accounting for X% of total imports. These countries were followed by China, Australia, Indonesia, Malaysia, Sweden, Austria, New Zealand, Taiwan (Chinese), Canada and South Korea, which together accounted for a further X 2007 to 2020, the biggest increases were in South Korea, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers suppliers to the Philippines were China ($X), Germany ($X) and Japan ($X), together accounting for X% of total imports. Malaysia, the U.S., Indonesia, Taiwan (Chinese), Austria, Sweden, Australia, New Zealand, Canada and South Korea lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average wrapping papers import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2019, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per tonne), while the price for Australia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wrapping paper, packaging paper and paperboard in the world?
+
The country with the largest volume of wrapping papers consumption was China (7.7M tonnes), accounting for 38% of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2M tonnes), fourfold. The third position in this ranking was occupied by Italy (721K tonnes), with a 3.6% share.
What are the largest producers of wrapping paper, packaging paper and paperboard in the world?
+
The country with the largest volume of wrapping papers production was China (7.1M tonnes), comprising approx. 36% of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.5M tonnes), threefold. The third position in this ranking was occupied by Sweden (968K tonnes), with a 5% share.
What are the leading suppliers of wrapping paper, packaging paper and paperboard to the Philippines?
+
In value terms, China ($7.6M), Germany ($5.7M) and Japan ($4.7M) constituted the largest wrapping papers suppliers to the Philippines, with a combined 37% share of total imports. These countries were followed by Malaysia, the U.S., Indonesia, Taiwan (Chinese), Austria, Sweden, Australia, New Zealand, Canada and South Korea, which together accounted for a further 36%.
What are the leading importers of wrapping paper, packaging paper and paperboard from the Philippines?
+
In value terms, Taiwan (Chinese) ($145K) remains the key foreign market for wrapping papers exports from the Philippines, comprising 58% of total exports. The second position in the ranking was occupied by Viet Nam ($28K), with a 11% share of total exports.
What is the average export price for wrapping paper, packaging paper and paperboard in the Philippines?
+
In 2020, the average wrapping papers export price amounted to $981 per tonne, waning by -22.5% against the previous year.
What is the average import price for wrapping paper, packaging paper and paperboard in the Philippines?
+
The average wrapping papers import price stood at $844 per tonne in 2020, which is down by -9.2% against the previous year.

Product coverage:
• FCL 1621 - Wrapping papers

This report provides an in-depth analysis of the wrapping papers 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 2025
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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