Philippines - Wood Chips And Particles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Wood Chips and Particles in the Philippines - 2023
Contents:
- Price for Wood Chips and Particles in the Philippines (FOB) - 2022
- Price for Wood Chips and Particles in the Philippines (CIF) - 2022
- Exports of Wood Chips and Particles in the Philippines
- Imports of Wood Chips and Particles in the Philippines
Price for Wood Chips and Particles in the Philippines (FOB) - 2022
In 2022, the average wood chips and particles export price amounted to $22 per cubic meter, with an increase of 36% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 113% against the previous year. The export price peaked at $56 per cubic meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($22 per cubic meter), while the average price for exports to the United States ($22 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+55.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood Chips and Particles in the Philippines (CIF) - 2022
The average wood chips and particles import price stood at $417 per cubic meter in 2022, increasing by 577% against the previous year. In general, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($1,177 per cubic meter), while the price for Indonesia ($26 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.6%), while the prices for the other major suppliers experienced a decline.
Exports of Wood Chips and Particles in the Philippines
After three years of growth, overseas shipments of wood chips and particles decreased by -63.3% to 17K cubic meters in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 263%. As a result, the exports attained the peak of 45K cubic meters, and then contracted remarkably in the following year.
In value terms, wood chips and particles exports reduced dramatically to $362K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 241%. As a result, the exports attained the peak of $726K, and then dropped notably in the following year.
Export of Wood Chips and Particles in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 36.7 | 147 | 613 | 318 | 105.4% |
South Korea | 43.8 | 48.3 | 75.9 | 23.0 | -19.3% |
United States | 3.1 | 17.9 | 36.6 | 20.7 | 88.3% |
Others | 2.0 | N/A | 0.3 | N/A | -61.3% |
Total | 85.6 | 213 | 726 | 362 | 61.7% |
Top Export Markets for Wood Chips and Particles from the Philippines in 2022:
- Japan (14.6K cubic meters)
- South Korea (1.1K cubic meters)
- United States (0.9K cubic meters)
Imports of Wood Chips and Particles in the Philippines
In 2022, purchases abroad of wood chips and particles decreased by -13.2% to 2.9K cubic meters, falling for the second year in a row after two years of growth. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. As a result, imports attained the peak of 6K cubic meters. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wood chips and particles imports soared to $1.2M in 2022. Overall, imports, however, saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Wood Chips and Particles in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 4.5 | 3.9 | 1.2 | 1,051 | 515.8% |
Germany | 110 | 72.9 | 66.1 | 71.5 | -13.4% |
France | N/A | N/A | 23.5 | 39.5 | 68.1% |
Bulgaria | 22.1 | 13.3 | 16.0 | 29.6 | 10.2% |
Netherlands | N/A | N/A | 29.3 | 14.6 | -50.2% |
Indonesia | 22.6 | 53.1 | 24.2 | 10.1 | -23.5% |
Sweden | 7.2 | N/A | N/A | N/A | 0% |
Malaysia | 50.2 | 58.3 | 16.8 | N/A | -42.2% |
Denmark | 15.3 | 79.7 | 24.8 | N/A | 27.3% |
Others | 13.6 | 15.1 | 6.0 | 6.0 | -23.9% |
Total | 245 | 296 | 208 | 1,222 | 70.9% |
Top Suppliers of Wood Chips and Particles to the Philippines in 2022:
- Germany (1357.0 cubic meters)
- Singapore (893.0 cubic meters)
- Indonesia (393.0 cubic meters)
- France (120.0 cubic meters)
- Bulgaria (90.0 cubic meters)
- Netherlands (45.0 cubic meters)
This report provides an in-depth analysis of the market for wood chips and particles 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:
- FCL 1619 - Wood chips and particles
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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