Report Update Nov 1, 2024

Philippines - Aromatic Polyamines and Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in the Philippines

In 2021, the Philippine aromatic polyamines market decreased by -41.7% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020, and then reduced markedly in the following year.

Aromatic Polyamines Exports

Exports from the Philippines

For the third year in a row, the Philippines recorded decline in overseas shipments of aromatic polyamines and their derivatives, salts thereof, which decreased by -8.5% to X tons in 2021. Overall, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2015 when exports increased by 374%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, aromatic polyamines exports declined to $X in 2021. Over the period under review, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 261% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for aromatic polyamines exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Thailand amounted to +42.3%.

In value terms, Thailand ($X) also remains the key foreign market for aromatic polyamines and their derivatives, salts thereof exports from the Philippines.

From 2012 to 2021, the average annual growth rate of value to Thailand amounted to +51.1%.

Export Prices by Country

The average aromatic polyamines export price stood at $X per ton in 2021, surging by 5.6% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 2,100% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to +6.2% per year.

Aromatic Polyamines Imports

Imports into the Philippines

In 2021, after two years of growth, there was significant decline in overseas purchases of aromatic polyamines and their derivatives, salts thereof, when their volume decreased by -41.6% to X tons. Overall, imports, however, recorded a noticeable expansion. The growth pace was the most rapid in 2020 when imports increased by 59%. As a result, imports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, aromatic polyamines imports contracted significantly to $X in 2021. Over the period under review, imports recorded a slight slump. The most prominent rate of growth was recorded in 2014 when imports increased by 83%. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest aromatic polyamines supplier to the Philippines, accounting for a 42% share of total imports. Moreover, aromatic polyamines imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+17.3% per year) and the United States (+32.3% per year).

In value terms, China ($X) constituted the largest supplier of aromatic polyamines and their derivatives, salts thereof to the Philippines, comprising 49% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by South Korea, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+20.9% per year) and South Korea (+19.7% per year).

Import Prices by Country

In 2021, the average aromatic polyamines import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2014 an increase of 24%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aromatic polyamines and their derivatives, salts thereof in the world?

The country with the largest volume of aromatic polyamines consumption was China, accounting for 26% of total volume. Moreover, aromatic polyamines consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 9.7% share.

What are the largest producers of aromatic polyamines and their derivatives, salts thereof in the world?

China remains the largest aromatic polyamines producing country worldwide, comprising approx. 42% of total volume. Moreover, aromatic polyamines production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of aromatic polyamines and their derivatives, salts thereof to the Philippines?

In value terms, China constituted the largest supplier of aromatic polyamines to the Philippines, comprising 22% of total imports. The second position in the ranking was occupied by Belgium, with an 11% share of total imports. It was followed by the United States, with a 10% share.

What are the leading importers of aromatic polyamines and their derivatives, salts thereof from the Philippines?

In value terms, Thailand remains the key foreign market for aromatic polyamines exports from the Philippines.

What is the average export price for aromatic polyamines and their derivatives, salts thereof in the Philippines?

In 2020, the average aromatic polyamines export price amounted to $3,813 per ton, approximately mirroring the previous year.

What is the average import price for aromatic polyamines and their derivatives, salts thereof in the Philippines?

The average aromatic polyamines import price stood at $7,171 per ton in 2020, with an increase of 54% against the previous year.

This report provides an in-depth analysis of the aromatic polyamines 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 20144170 - Aromatic polyamines and their derivatives, salts thereof

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023