Philippines - Combined Reel Slitting and Re-Reeling Cutting Machines for Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Reel Cutting Slitter Market 2024
Reel Cutting Slitter Exports
Exports from the Philippines
In 2022, reel cutting slitter exports from the Philippines dropped rapidly to X units, which is down by -25% against the year before. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
In value terms, reel cutting slitter exports shrank sharply to $X in 2022. Over the period under review, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2013 when exports increased by 137% against the previous year. The exports peaked at $X in 2021, and then declined markedly in the following year.
Exports by Country
Indonesia (X units), Trinidad and Tobago (X units) and the United Arab Emirates (X units) were the main destinations of reel cutting slitter exports from the Philippines, together accounting for 64% of total exports.
From 2012 to 2022, the biggest increases were recorded for Trinidad and Tobago (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.
In value terms, the largest markets for reel cutting slitter exported from the Philippines were Indonesia ($X), Trinidad and Tobago ($X) and the United Arab Emirates ($X), together accounting for 64% of total exports.
The United Arab Emirates, with a CAGR of +4.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average reel cutting slitter export price amounted to $X per unit, increasing by 11% against the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 176%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($X per unit) and Indonesia ($X per unit), while the average price for exports to India ($X per unit) and Thailand ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.
Reel Cutting Slitter Imports
Imports into the Philippines
In 2022, supplies from abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by -31.8% to X units, falling for the fifth year in a row after two years of growth. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 124%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.
In value terms, reel cutting slitter imports fell to $X in 2022. Overall, imports, however, showed modest growth. The pace of growth appeared the most rapid in 2016 when imports increased by 107%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.
Imports by Country
China (X units), Japan (X units) and Taiwan (Chinese) (X units) were the main suppliers of reel cutting slitter imports to the Philippines, with a combined 84% share of total imports. These countries were followed by South Korea, Italy, India, the United States, Hong Kong SAR and the Netherlands, which together accounted for a further 10%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +4.3%), while imports for the other leaders experienced mixed trend patterns.
In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) were the largest reel cutting slitter suppliers to the Philippines, together accounting for 84% of total imports. These countries were followed by South Korea, Italy, India, the United States, Hong Kong SAR and the Netherlands, which together accounted for a further 10%.
In terms of the main suppliers, India, with a CAGR of +75.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average reel cutting slitter import price amounted to $X per unit, surging by 41% against the previous year. In general, the import price posted a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 216% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hong Kong SAR ($X per unit) and India ($X per unit), while the price for South Korea ($X per unit) and China ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the reel cutting slitter 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 28951133 - Combined reel slitting and re-reeling cutting machines for paper and paperboard (excluding film cutting machines and apparatus)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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