Philippines: Market for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m² 2025

Market Size for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m² in the Philippines

In 2021, the Philippine market for graphic paper with mechanical fibre content under 10% and of weight under X g/m² decreased by -25.1% to $X, falling for the second year in a row after four years of growth. Overall, consumption continues to indicate a pronounced reduction. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m²

Exports from the Philippines

For the ninth year in a row, the Philippines recorded decline in overseas shipments of graphic paper with mechanical fibre content under 10% and of weight under X g/m², which decreased by -51.6% to X tons in 2021. In general, exports continue to indicate a precipitous contraction. The smallest decline of -18.7% was in 2016. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² reduced remarkably to $X in 2021. Over the period under review, exports recorded a sharp reduction. The smallest decline of -7.4% was in 2013. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for exports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² from the Philippines, accounting for a 85% share of total exports. Moreover, exports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² to Singapore exceeded the volume sent to the second major destination, Guam (X kg), ninefold. China (X kg) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Singapore stood at +21.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guam (-8.6% per year) and China (+20.5% per year).

In value terms, Singapore ($X) remains the key foreign market for graphic paper with mechanical fibre content under 10% and of weight under X g/m² exports from the Philippines, comprising 88% of total exports. The second position in the ranking was taken by Guam ($X), with a 5.6% share of total exports. It was followed by China, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore amounted to +23.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guam (-19.3% per year) and China (+14.1% per year).

Export Prices by Country

In 2021, the average export price for graphic paper with mechanical fibre content under 10% and of weight under X g/m² amounted to $X per ton, which is down by -35.6% against the previous year. Overall, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for graphic paper with mechanical fibre content under 10% and of weight under X g/m² decreased by -44.4% against 2014 indices. The most prominent rate of growth was recorded in 2014 an increase of 61% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m²

Imports into the Philippines

Imports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² into the Philippines dropped remarkably to X tons in 2021, with a decrease of -38% compared with the previous year. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 43%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² dropped notably to $X in 2021. Over the period under review, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 30%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

The Netherlands (X tons), China (X tons) and Sweden (X tons) were the main suppliers of imports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² to the Philippines, together comprising 49% of total imports. Finland, Thailand, Hong Kong SAR, Japan, the United States, Indonesia, India, Taiwan (Chinese) and Belgium lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +26.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Netherlands ($X) and Thailand ($X) appeared to be the largest graphic paper with mechanical fibre content under 10% and of weight under X g/m² suppliers to the Philippines, with a combined 39% share of total imports.

In terms of the main suppliers, China, with a CAGR of +32.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for graphic paper with mechanical fibre content under 10% and of weight under X g/m² stood at $X per ton in 2021, jumping by 25% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for graphic paper with mechanical fibre content under 10% and of weight under X g/m² increased by +74.1% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the near future.

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 India ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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