Philippines: Market for Paper Trays, Dishes, Plates And Cups 2025

Market Size for Paper Trays, Dishes, Plates And Cups in the Philippines

In 2021, after three years of growth, there was significant decline in the Philippine paper dishes and cups market, when its value decreased by -10% to $X. Overall, consumption, however, showed a relatively flat trend pattern. Paper dishes and cups consumption peaked at $X in 2020, and then fell in the following year.

Production of Paper Trays, Dishes, Plates And Cups in the Philippines

In value terms, paper dishes and cups production shrank to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 37%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Paper Trays, Dishes, Plates And Cups

Exports from the Philippines

Paper dishes and cups exports from the Philippines soared to X tons in 2021, rising by 20% on the year before. Over the period under review, total exports indicated prominent growth from 2017 to 2021: its volume increased at an average annual rate of +12.3% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +59.1% against 2017 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 26% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, paper dishes and cups exports skyrocketed to $X in 2021. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 82% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Australia (X tons), Japan (X tons) and Brunei Darussalam (X tons) were the main destinations of paper dishes and cups exports from the Philippines, together accounting for 58% of total exports. These countries were followed by Singapore, Hong Kong SAR, France, Indonesia, Canada, Kuwait, Germany and New Zealand, which together accounted for a further 33%.

From 2017 to 2021, the biggest increases were recorded for France (with a CAGR of +196.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Australia ($X) and Singapore ($X) constituted the largest markets for paper dishes and cups exported from the Philippines worldwide, with a combined 63% share of total exports. These countries were followed by Brunei Darussalam, France, Indonesia, Canada, Hong Kong SAR, Germany, Kuwait and New Zealand, which together accounted for a further 27%.

France, with a CAGR of +246.7%, saw the highest growth rate of the value of exports, among 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

The average paper dishes and cups export price stood at $X per ton in 2021, rising by 7.7% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Trays, Dishes, Plates And Cups

Imports into the Philippines

In 2021, the amount of paper trays, dishes, plates and cups imported into the Philippines expanded notably to X tons, with an increase of 8.6% on 2020 figures. Overall, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 24%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, paper dishes and cups imports soared to $X in 2021. Over the period under review, imports, however, saw a perceptible reduction. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest paper dishes and cups supplier to the Philippines, with a 81% share of total imports. Moreover, paper dishes and cups imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), ninefold. Indonesia (X tons) ranked third in terms of total imports with a 4.1% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from China amounted to -10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-10.9% per year) and Indonesia (-30.0% per year).

In value terms, China ($X) constituted the largest supplier of paper trays, dishes, plates and cups to the Philippines, comprising 83% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 6.6% share of total imports. It was followed by Tunisia, with a 5.2% share.

From 2017 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-12.4% per year) and Tunisia (+505.1% per year).

Import Prices by Country

In 2021, the average paper dishes and cups import price amounted to $X per ton, rising by 15% against the previous year. Over the period under review, import price indicated a resilient increase from 2017 to 2021: its price increased at an average annual rate of +9.5% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paper dishes and cups import price increased by +84.9% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 60%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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