Report Update Nov 1, 2024

Philippines - Articles of Peat - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Articles Of Peat Market 2024

Articles Of Peat Market Size in the Philippines

The Philippine articles of peat market shrank rapidly to $X in 2022, falling by -28.6% against the previous year. Overall, consumption, however, saw a dramatic setback. The pace of growth appeared the most rapid in 2021 when the market value decreased by -18.7% against the previous year. Articles of peat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Articles Of Peat Production in the Philippines

In value terms, articles of peat production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. Articles of peat production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Articles Of Peat Exports

Exports from the Philippines

In 2022, approx. X tons of articles of peat were exported from the Philippines; growing by 415% on 2021 figures. In general, exports, however, recorded a abrupt contraction. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, articles of peat exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a dramatic decrease. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for articles of peat exports from the Philippines, with a approx. 100% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of volume to the United States totaled -9.9%.

In value terms, the United States ($X) also remains the key foreign market for articles of peat exports from the Philippines.

From 2020 to 2022, the average annual growth rate of value to the United States totaled -20.7%.

Export Prices by Country

In 2022, the average articles of peat export price amounted to $X per ton, declining by -52.4% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 63% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell dramatically in the following year.

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

From 2020 to 2022, the rate of growth in terms of prices for the United States amounted to -12.0% per year.

Articles Of Peat Imports

Imports into the Philippines

Articles of peat imports into the Philippines totaled X tons in 2016, approximately mirroring the year before. In general, imports saw a deep slump. The smallest decline of 99.9% was in 2015. Imports peaked at X tons in 2014; however, from 2015 to 2016, imports failed to regain momentum.

In value terms, articles of peat imports totaled $X in 2016. Overall, imports recorded a precipitous descent. The smallest decline of 99.9% was in 2015. Imports peaked at $X in 2014; however, from 2015 to 2016, imports failed to regain momentum.

Imports by Country

South Korea (X tons) and Indonesia (X tons) were the main suppliers of articles of peat imports to the Philippines.

From 2014 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of 0.0%).

In value terms, Indonesia ($X) constituted the largest supplier of articles of peat to the Philippines, comprising 76% of total imports. The second position in the ranking was taken by South Korea ($X), with a 24% share of total imports.

From 2014 to 2016, the average annual growth rate of value from Indonesia stood at -20.7%.

Import Prices by Country

In 2016, the average articles of peat import price amounted to $X per ton, flattening at the previous year. In general, the import price saw a sharp shrinkage. The most prominent rate of growth was recorded in 2015 a decrease of 99.9%. The import price peaked at $X per ton in 2014; however, from 2015 to 2016, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for South Korea totaled $X per ton.

From 2014 to 2016, the most notable rate of growth in terms of prices was attained by Indonesia (+7.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of peat in the world?

China constituted the country with the largest volume of articles of peat consumption, accounting for 19% of total volume. Moreover, articles of peat consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.7% share.

What are the largest producers of articles of peat in the world?

China remains the largest articles of peat producing country worldwide, comprising approx. 19% of total volume. Moreover, articles of peat production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of articles of peat to the Philippines?

In value terms, Indonesia constituted the largest supplier of articles of peat to the Philippines.

What are the leading importers of articles of peat from the Philippines?

In value terms, the United States remains the key foreign market for articles of peat exports from the Philippines.

What is the average export price for articles of peat in the Philippines?

In 2021, the average articles of peat export price amounted to $4,181 per ton, remaining constant against the previous year.

What is the average import price for articles of peat in the Philippines?

In 2021, the average articles of peat import price amounted to $10,244 per ton, dropping by -12.6% against the previous year.

This report provides an in-depth analysis of the articles of peat 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 23991980 - Articles of peat (including sheets, cylinder shells and plant pots) (excluding textile articles of peat fibre)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023