Philippines: Total Fibre Furnish Market 2020

Total Fibre Furnish Market Size in the Philippines

The revenue of the total fibre furnish market in the Philippines amounted to $X in 2018, stabilizing at the previous year. Overall, the total market indicated a temperate expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, total fibre furnish consumption decreased by -X% against 2015 indices. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. In that year, the total fibre furnish market attained its peak level of $X. From 2011 to 2018, the growth of the total fibre furnish market remained at a somewhat lower figure.

Total Fibre Furnish Production in the Philippines

In value terms, total fibre furnish production totaled $X in 2018 estimated in export prices. In general, total fibre furnish production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when production volume increased by X% against the previous year. Total fibre furnish production peaked at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Total Fibre Furnish Exports

Exports from the Philippines

In 2018, the amount of total fibre furnish exported from the Philippines stood at X tons, approximately equating the previous year. Over the period under review, total fibre furnish exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Exports peaked at X tons in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, total fibre furnish exports amounted to $X in 2018. Over the period under review, total fibre furnish exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, total fibre furnish exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

The U.S. (X tons), Brazil (X tons) and Canada (X tons) were the main destinations of total fibre furnish exports from the Philippines, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Brazil, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for total fibre furnish exported from the Philippines were the U.S. ($X), Canada ($X) and Brazil ($X), with a combined X% share of total exports. Finland, Chile, Sweden, Indonesia, the Netherlands, Germany, Japan, the UK and France lagged somewhat behind, together accounting for a further X the main countries of destination, Indonesia experienced the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average total fibre furnish export price amounted to $X per ton, leveling off at the previous year. In general, the total fibre furnish export price continues to indicate a perceptible deduction. The growth pace was the most rapid in 2010 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for total fibre furnish reached their maximum at $X per ton in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Finland ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced a decline.

Total Fibre Furnish Imports

Imports into the Philippines

In 2018, the amount of total fibre furnish imported into the Philippines totaled X tons, leveling off at the previous year. Overall, total fibre furnish imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. In that year, total fibre furnish imports reached their peak of X tons. From 2012 to 2018, the growth of total fibre furnish imports remained at a lower figure.

In value terms, total fibre furnish imports amounted to $X in 2018. In general, total fibre furnish imports continue to indicate tangible growth. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons) constituted the largest total fibre furnish supplier to the Philippines, with a X% share of total imports. Moreover, total fibre furnish imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The U.S. (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the U.S. (-X% per year).

In value terms, China ($X) constituted the largest supplier of total fibre furnish to the Philippines, comprising X% of total total fibre furnish imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2018, the average total fibre furnish import price amounted to $X per ton, remaining stable against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, the average import prices for total fibre furnish attained their peak figure at $X per ton in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform