Philippines - Plates, Sheets, Film, Foil and Strip of Non-Cellular Polyethylene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Cellular Polyethylene Film Price in the Philippines - 2023
Contents:
- Non-Cellular Polyethylene Film Price in the Philippines (CIF) - 2022
- Non-Cellular Polyethylene Film Price in the Philippines (FOB) - 2023
- Non-Cellular Polyethylene Film Imports in the Philippines
- Non-Cellular Polyethylene Film Exports in the Philippines
Non-Cellular Polyethylene Film Price in the Philippines (CIF) - 2022
In 2022, the average non-cellular polyethylene film import price amounted to $1,767 per ton, dropping by -9.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $2,718 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 ($4,625 per ton), while the price for China ($1,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Cellular Polyethylene Film Price in the Philippines (FOB) - 2023
The average non-cellular polyethylene film export price stood at $1,563 per ton in July 2023, growing by 9.2% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 41% month-to-month. As a result, the export price attained the peak level of $2,225 per ton. From December 2022 to July 2023, the 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 July 2022 to July 2023, the rate of growth in terms of prices for Japan amounted to +0.4% per month.
Non-Cellular Polyethylene Film Imports in the Philippines
In 2022, after three years of growth, there was decline in overseas purchases of non-cellular polyethylene films, sheets, foil and strip, when their volume decreased by -1.2% to 28K tons. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 3.6% against the previous year. As a result, imports reached the peak of 28K tons, and then reduced modestly in the following year.
In value terms, non-cellular polyethylene film imports fell to $49M in 2022. In general, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. As a result, imports attained the peak of $55M, and then fell in the following year.
Import of Non-Cellular Polyethylene Film in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.2 | 14.0 | 18.1 | 18.0 | 10.9% |
Malaysia | 16.6 | 13.9 | 9.2 | 9.7 | -16.4% |
Thailand | 1.8 | 1.9 | 7.2 | 6.2 | 51.0% |
Vietnam | 4.2 | 2.2 | 3.1 | 3.7 | -4.1% |
Singapore | 2.0 | 1.5 | 1.6 | 2.6 | 9.1% |
South Korea | 6.3 | 1.3 | 5.6 | 1.7 | -35.4% |
Taiwan (Chinese) | 1.9 | 2.4 | 2.0 | 1.5 | -7.6% |
Indonesia | 3.3 | 2.3 | 1.9 | 1.0 | -32.8% |
Others | 5.9 | 5.6 | 6.4 | 4.9 | -6.0% |
Total | 55.2 | 45.2 | 55.3 | 49.3 | -3.7% |
Top Suppliers of Non-Cellular Polyethylene Film to the Philippines in 2022:
- China (16.1K tons)
- Malaysia (4.7K tons)
- Thailand (1.8K tons)
- Vietnam (1.7K tons)
- Taiwan (Chinese) (1.0K tons)
- Singapore (0.6K tons)
- Indonesia (0.6K tons)
- South Korea (0.4K tons)
Non-Cellular Polyethylene Film Exports in the Philippines
For the fourth consecutive year, the Philippines recorded growth in shipments abroad of non-cellular polyethylene films, sheets, foil and strip, which increased by 5.2% to 17K tons in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,157%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, non-cellular polyethylene film exports expanded sharply to $28M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,108% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Non-Cellular Polyethylene Film in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 0.2 | 11.0 | 22.7 | 24.3 | 395.3% |
India | 0.1 | 0.7 | 1.7 | 3.1 | 214.1% |
Others | 0.2 | 0.2 | 0.4 | 0.8 | 58.7% |
Total | 0.5 | 12.0 | 24.8 | 28.3 | 283.9% |
Top Export Markets for Non-Cellular Polyethylene Film from the Philippines in 2022:
- Japan (16.1K tons)
- India (0.3K tons)
This report provides an in-depth analysis of the non-cellular polyethylene film 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 22213010 - Other plates..., of polymers of ethylene, not reinforced, t hickness . 0,125 mm
- Prodcom 22213017 - Other plates..., of polymers of ethylene, not reinforced, etc., t hickness > 0,125 mm
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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