Report Update Nov 1, 2024

Philippines - Bismuth - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Philippines: Bismuth Market 2022

Bismuth Market Size in the Philippines

In 2021, the Philippine bismuth market decreased by -36.4% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a deep contraction. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Bismuth Exports

Exports from the Philippines

In 2015, approx. X tons of bismuth were exported from the Philippines; leveling off at the year before. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2015 and are expected to retain growth in the immediate term.

In value terms, bismuth exports stood at $X in 2015. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2015 and are likely to see steady growth in years to come.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for bismuth exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to Taiwan (Chinese) was relatively modest.

From 2015 to 2015, the average annual rate of growth in terms of value to Taiwan (Chinese) was relatively modest.

Bismuth Imports

Imports into the Philippines

In 2021, supplies from abroad of bismuth decreased by -55% to X kg, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 256% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, bismuth imports fell remarkably to $X in 2021. Over the period under review, imports saw a noticeable reduction. The pace of growth was the most pronounced in 2019 when imports increased by 452%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X kg) constituted the largest supplier of bismuth to the Philippines, with a 80% share of total imports. Moreover, bismuth imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X kg), fivefold.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-10.5% per year) and Japan (-11.5% per year).

In value terms, the United States ($X) constituted the largest supplier of bismuth to the Philippines, comprising 81% of total imports. The second position in the ranking was taken by Japan ($X), with a 9.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-15.3% per year) and the UK (-9.1% per year).

Import Prices by Country

The average bismuth import price stood at $X per ton in 2021, growing by 79% against the previous year. Over the period under review, the import price recorded buoyant growth. As a result, import price reached 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 2021, the country with the highest price was Japan ($X per ton), while the price for the UK ($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 (+18.8%), 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 bismuth in the world?

China remains the largest bismuth consuming country worldwide, accounting for 49% of total volume. Moreover, bismuth consumption in China exceeded the figures recorded by the second-largest consumer, Vietnam, sixfold. The third position in this ranking was occupied by Hong Kong SAR, with a 7.8% share.

What are the largest producers of bismuth in the world?

The country with the largest volume of bismuth production was China, accounting for 75% of total volume. Moreover, bismuth production in China exceeded the figures recorded by the second-largest producer, Vietnam, eightfold. The third position in this ranking was occupied by Lao People's Democratic Republic, with a 4.7% share.

What are the leading suppliers of bismuth to the Philippines?

In value terms, the United States constituted the largest supplier of bismuth to the Philippines, comprising 41% of total imports. The second position in the ranking was occupied by Germany, with an 18% share of total imports. It was followed by Singapore, with an 11% share.

What is the average export price for bismuth in the Philippines?

The average bismuth export price stood at $5,356 per ton in 2015, therefore, remained relatively stable against the previous year.

What is the average import price for bismuth in the Philippines?

In 2021, the average bismuth import price amounted to $36,309 per ton, dropping by -7.8% against the previous year.

This report provides an in-depth analysis of the bismuth 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:

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.

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