Philippines: Graphic Papers Market 2025

Graphic Papers Market Size in the Philippines

The Philippine graphic papers market declined to $X in 2022, waning by -6% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Graphic papers consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Graphic Papers Production in the Philippines

In value terms, graphic papers production shrank remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of 124% against the previous year. Graphic papers production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Graphic Papers Exports

Exports from the Philippines

In 2022, shipments abroad of graphic papers was finally on the rise to reach X tons after three years of decline. In general, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 306% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, graphic papers exports surged to $X in 2022. Overall, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of 1,346% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Korea (X tons) was the main destination for graphic papers exports from the Philippines, with a 50% share of total exports. Moreover, graphic papers exports to South Korea exceeded the volume sent to the second major destination, India (X tons), twofold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea stood at +36.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-25.4% per year) and Taiwan (Chinese) (-2.8% per year).

In value terms, the largest markets for graphic papers exported from the Philippines were Japan ($X), South Korea ($X) and Taiwan (Chinese) ($X), together accounting for 80% of total exports. Indonesia, India, Vietnam, Sri Lanka and Nigeria lagged somewhat behind, together comprising a further 16%.

Among the main countries of destination, Indonesia, with a CAGR of +75.8%, recorded the highest growth rate of the value of exports, 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 graphic papers export price amounted to $X per ton, increasing by 42% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 256%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Graphic Papers Imports

Imports into the Philippines

In 2022, the amount of graphic papers imported into the Philippines contracted sharply to X tons, waning by -33% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 47%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, graphic papers imports shrank to $X in 2022. In general, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.7% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 23%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest supplier of graphic papers to the Philippines, accounting for a 48% share of total imports. Moreover, graphic papers imports from Indonesia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Japan (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia stood at +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.4% per year) and Japan (+6.2% per year).

In value terms, Indonesia ($X) constituted the largest supplier of graphic papers to the Philippines, comprising 46% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports. It was followed by Japan, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia stood at +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.5% per year) and Japan (+12.3% per year).

Import Prices by Country

In 2022, the average graphic papers import price amounted to $X per ton, rising by 41% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, graphic papers import price increased by +104.5% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Japan ($X per ton), while the price for the UK ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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