Report Update Nov 1, 2024

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

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Philippines: Cyclohexane Market 2024

Cyclohexane Market Size in the Philippines

The Philippine cyclohexane market soared to $X in 2021, growing by 22,335% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a buoyant expansion. Cyclohexane consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Cyclohexane Exports

Exports from the Philippines

In 2021, the amount of cyclohexane exported from the Philippines totaled less than X kg, remaining stable against the year before. In general, exports showed a relatively flat trend pattern.

In value terms, cyclohexane exports totaled less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Cyclohexane Imports

Imports into the Philippines

In 2021, imports of cyclohexane into the Philippines skyrocketed to X tons, picking up by 28,243% compared with the year before. Over the period under review, imports continue to indicate a buoyant expansion. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, cyclohexane imports surged to $X in 2021. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 8,984%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons) constituted the largest cyclohexane supplier to the Philippines, with a 82% share of total imports. Moreover, cyclohexane imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from South Korea totaled +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (0.0% per year) and the United States (+29.2% per year).

In value terms, South Korea ($X) constituted the largest supplier of cyclohexane to the Philippines, comprising 61% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual growth rate of value from South Korea stood at +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (0.0% per year) and the United States (+35.5% per year).

Import Prices by Country

In 2021, the average cyclohexane import price amounted to $X per ton, falling by -80.9% against the previous year. Over the period under review, the import price, however, continues to indicate a notable expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 241% against the previous year. The import price peaked at $X per ton in 2020, and then dropped rapidly in the following year.

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 the United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cyclohexane in the world?

Russia constituted the country with the largest volume of cyclohexane consumption, comprising approx. 52% of total volume. Moreover, cyclohexane consumption in Russia exceeded the figures recorded by the second-largest consumer, China, fivefold. Belgium ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of cyclohexane in the world?

Russia remains the largest cyclohexane producing country worldwide, accounting for 53% of total volume. Moreover, cyclohexane production in Russia exceeded the figures recorded by the second-largest producer, China, fivefold. The third position in this ranking was occupied by the United States, with a 5.9% share.

What are the leading suppliers of cyclohexane to the Philippines?

In value terms, South Korea constituted the largest supplier of cyclohexane to the Philippines, comprising 58% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports.

What are the leading importers of cyclohexane from the Philippines?

In value terms, India remains the key foreign market for cyclohexane exports from the Philippines.

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

In 2021, the average cyclohexane export price amounted to $3,461 per ton, with a decrease of -9.5% against the previous year.

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

The average cyclohexane import price stood at $966 per ton in 2021, with a decrease of -84.5% against the previous year.

This report provides an in-depth analysis of the cyclohexane 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 20141213 - Cyclohexane

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