Report Update Nov 1, 2024

Philippines - Paper and Paperboard (Creped, Crinkled, Embossed or Perforated) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Philippines: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in the Philippines

The Philippine paper and paperboard market shrank remarkably to $X in 2022, with a decrease of -68.8% 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). Overall, consumption saw a slight reduction. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Paper And Paperboard Exports

Exports from the Philippines

In 2022, after four years of decline, there was significant growth in shipments abroad of paper and paperboard (creped, crinkled, embossed or perforated), when their volume increased by 7.1% to X tons. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 14,155% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper and paperboard exports expanded rapidly to $X in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 23,133% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for paper and paperboard exports from the Philippines, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at -4.6%.

In value terms, Japan ($X) also remains the key foreign market for paper and paperboard (creped, crinkled, embossed or perforated) exports from the Philippines.

From 2012 to 2022, the average annual growth rate of value to Japan amounted to -11.5%.

Export Prices by Country

In 2022, the average paper and paperboard export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2013 an increase of 63%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +50.6% per year.

Paper And Paperboard Imports

Imports into the Philippines

For the third year in a row, the Philippines recorded decline in purchases abroad of paper and paperboard (creped, crinkled, embossed or perforated), which decreased by -68.7% to X tons in 2022. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 161%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, paper and paperboard imports fell remarkably to $X in 2022. In general, imports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 307%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and the United States (X tons) were the main suppliers of paper and paperboard imports to the Philippines, with a combined 72% share of total imports. South Korea, Singapore, Hong Kong SAR and Indonesia lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +81.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and the United States ($X) were the largest paper and paperboard suppliers to the Philippines, together accounting for 72% of total imports. South Korea, Singapore, Hong Kong SAR and Indonesia lagged somewhat behind, together comprising a further 23%.

Hong Kong SAR, with a CAGR of +81.0%, saw the highest growth rate of the value of imports, in terms of 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 2022, the average paper and paperboard import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 133%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and China ($X per ton), while the price for South Korea ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.1%), 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 paper and paperboard (creped, crinkled, embossed or perforated) in the world?

The countries with the highest volumes of in 2021 were Italy, China and the United States, with a combined 43% share of global consumption.

What are the largest producers of paper and paperboard (creped, crinkled, embossed or perforated) in the world?

The countries with the highest volumes of in 2021 were Italy, China and the United States, together comprising 43% of global production.

What are the leading suppliers of paper and paperboard (creped, crinkled, embossed or perforated) to the Philippines?

In value terms, Taiwan Chinese) constituted the largest supplier of paper and paperboard to the Philippines, comprising 44% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 15% share of total imports. It was followed by China, with a 14% share.

What is the average export price for paper and paperboard (creped, crinkled, embossed or perforated) in the Philippines?

The average paper and paperboard export price stood at $2,925 per ton in 2021, which is down by -50.9% against the previous year.

What is the average import price for paper and paperboard (creped, crinkled, embossed or perforated) in the Philippines?

The average paper and paperboard import price stood at $2,713 per ton in 2021, surging by 8.6% against the previous year.

This report provides an in-depth analysis of the paper and paperboard 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 17127200 - Paper and paperboard, creped, crinkled, embossed or perforated
Prodcom 171200Z0 - Creped or crinkled sack kraft paper in rolls or sheets, paper and paperboard, creped, crinkled, embossed or perforated
Prodcom 17124180 - Creped or crinkled sack kraft paper, creped or crinkled, in rolls or sheets

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