Report Update Nov 1, 2024

Philippines - Calcareous Building Stone - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in the Philippines

The Philippine calcareous building stone market reduced sharply to $X in 2021, falling by -25.5% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Calcareous Building Stone Production in the Philippines

In value terms, calcareous building stone production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +52.3% against 2012 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, production reached the peak level of $X, and then shrank in the following year.

Calcareous Building Stone Exports

Exports from the Philippines

For the tenth year in a row, the Philippines recorded growth in shipments abroad of calcareous building stone, which increased by 20% to X tons in 2021. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 51%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, calcareous building stone exports surged to $X in 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 61%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

New Caledonia (X tons) was the main destination for calcareous building stone exports from the Philippines, accounting for a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Caledonia stood at +20.0%.

In value terms, New Caledonia ($X) also remains the key foreign market for calcareous building stone exports from the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value to New Caledonia amounted to +24.9%.

Export Prices by Country

In 2021, the average calcareous building stone export price amounted to $X per ton, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2017 an increase of 13% against the previous year. The export price peaked at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for New Caledonia amounted to +4.1% per year.

Calcareous Building Stone Imports

Imports into the Philippines

In 2021, approx. X tons of calcareous building stone were imported into the Philippines; growing by 191% compared with the previous year. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by 550% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, calcareous building stone imports soared to $X in 2021. Over the period under review, imports recorded a notable expansion. The pace of growth was the most pronounced in 2015 when imports increased by 712%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) was the main supplier of calcareous building stone to the Philippines, with a 95% share of total imports. Moreover, calcareous building stone imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from India stood at +23.5%.

In value terms, India ($X) constituted the largest supplier of calcareous building stone to the Philippines, comprising 83% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India totaled +13.1%.

Import Prices by Country

The average calcareous building stone import price stood at $X per ton in 2021, which is down by -10.1% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 when the average import price increased by 43%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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 China ($X per ton), while the price for India stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for calcareous building stone in the world?

The countries with the highest volumes of calcareous building stone consumption in 2021 were China, the United States and Italy, together accounting for 33% of global consumption.

What are the largest producers of calcareous building stone in the world?

The countries with the highest volumes of calcareous building stone production in 2021 were China, the United States and Italy, with a combined 33% share of global production.

What are the leading suppliers of calcareous building stone to the Philippines?

In value terms, the largest calcareous building stone suppliers to the Philippines were China and India.

What are the leading importers of calcareous building stone from the Philippines?

In value terms, Germany and Japan constituted the largest markets for calcareous building stone exported from the Philippines worldwide.

What is the average export price for calcareous building stone in the Philippines?

The average calcareous building stone export price stood at $58 per ton in 2021, falling by -99.5% against the previous year.

What is the average import price for calcareous building stone in the Philippines?

The average calcareous building stone import price stood at $167 per ton in 2021, surging by 1.9% against the previous year.

This report provides an in-depth analysis of the calcareous building stone 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 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5

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