Report Update Nov 1, 2024

Philippines - Machinery for Finishing Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in the Philippines

The Philippine finishing paper machinery market reduced dramatically to $X in 2021, falling by -31.6% 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). In general, consumption showed a sharp contraction. Finishing paper machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Finishing Paper Machinery Exports

Exports from the Philippines

After two years of decline, overseas shipments of machinery for finishing paper or paperboard decreased by -83.3% to X units in 2020. Over the period under review, exports faced a dramatic slump. The exports peaked at X units in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

In value terms, finishing paper machinery exports contracted significantly to $X in 2020. Overall, exports, however, showed significant growth. Over the period under review, the exports attained the peak figure at $X in 2019, and then fell dramatically in the following year.

Exports by Country

From 2016 to 2020, the average annual growth rate of volume to No country was relatively modest.

In value terms, the largest markets for finishing paper machinery exported from the Philippines were Vietnam ($X) and India ($X).

Vietnam, with a CAGR of +5.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average finishing paper machinery export price amounted to $X per unit, picking up by 29% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to India totaled $X per unit.

From 2017 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1,521.6%).

Finishing Paper Machinery Imports

Imports into the Philippines

In 2021, approx. X units of machinery for finishing paper or paperboard were imported into the Philippines; waning by -35.6% compared with the previous year's figure. In general, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2014 when imports increased by 416% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, finishing paper machinery imports reduced rapidly to $X in 2021. Over the period under review, imports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2014 when imports increased by 233%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X units), China (X units) and Germany (X units) were the main suppliers of finishing paper machinery imports to the Philippines, together comprising 70% of total imports. Taiwan (Chinese), Italy, Hong Kong SAR and Spain lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of machinery for finishing paper or paperboard to the Philippines, comprising 23% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 8.9% share of total imports. It was followed by Japan, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-28.1% per year) and Japan (-33.9% per year).

Import Prices by Country

In 2021, the average finishing paper machinery import price amounted to $X per unit, surging by 19% against the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 93%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.8%), 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 machinery for finishing paper or paperboard in the world?

The countries with the highest volumes of in 2021 were Taiwan Chinese), Germany and the United States, with a combined 44% share of global consumption.

What are the largest producers of machinery for finishing paper or paperboard in the world?

The countries with the highest volumes of in 2021 were China, Germany and Taiwan Chinese), together accounting for 79% of global production.

What are the leading suppliers of machinery for finishing paper or paperboard to the Philippines?

In value terms, Taiwan Chinese), China and Hong Kong SAR were the largest finishing paper machinery suppliers to the Philippines, with a combined 97% share of total imports.

What are the leading importers of machinery for finishing paper or paperboard from the Philippines?

In value terms, India remains the key foreign market for finishing paper machinery exports from the Philippines, comprising 77% of total exports. The second position in the ranking was occupied by Vietnam, with a 23% share of total exports.

What is the average export price for machinery for finishing paper or paperboard in the Philippines?

The average finishing paper machinery export price stood at $15,208 per unit in 2021, waning by -14.2% against the previous year.

What is the average import price for machinery for finishing paper or paperboard in the Philippines?

The average finishing paper machinery import price stood at $3,250 per unit in 2021, with a decrease of -34.3% against the previous year.

This report provides an in-depth analysis of the finishing paper machinery 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 28951117 - Machinery for finishing paper or paperboard

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