Report Update Nov 1, 2024

Philippines - Direct Dyes and Preparations Based Thereon - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Direct Dye Market 2024

Direct Dye Market Size in the Philippines

For the fifth year in a row, the Philippine direct dye market recorded growth in sales value, which increased by 60% to $X in 2021. Over the period under review, consumption recorded significant growth. Direct dye consumption peaked in 2021 and is expected to retain growth in the immediate term.

Direct Dye Exports

Exports from the Philippines

For the third year in a row, the Philippines recorded growth in shipments abroad of direct dyes and preparations based thereon, which increased by 20% to X tons in 2021. Over the period under review, exports saw a prominent increase. The pace of growth was the most pronounced in 2017 when exports increased by 885%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, direct dye exports fell to $X in 2021. In general, exports recorded a moderate increase. The most prominent rate of growth was recorded in 2017 with an increase of 551%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons) was the main destination for direct dye exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia stood at +10.6%.

In value terms, Indonesia ($X) also remains the key foreign market for direct dyes and preparations based thereon exports from the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia amounted to +3.3%.

Export Prices by Country

In 2021, the average direct dye export price amounted to $X per ton, shrinking by -29% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 309% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, 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 Indonesia.

From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to -6.6% per year.

Direct Dye Imports

Imports into the Philippines

For the third consecutive year, the Philippines recorded growth in purchases abroad of direct dyes and preparations based thereon, which increased by 28% to X tons in 2021. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 103% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, direct dye imports skyrocketed to $X in 2021. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 309% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

Indonesia (X tons), Australia (X tons) and China (X tons) were the main suppliers of direct dye imports to the Philippines, with a combined 43% share of total imports. These countries were followed by Germany, Japan, Spain, India, Taiwan (Chinese), Singapore and the UK, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +207.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest direct dye suppliers to the Philippines were Japan ($X), Germany ($X) and Indonesia ($X), together accounting for 35% of total imports. These countries were followed by Australia, China, Spain, the UK, Singapore, India and Taiwan (Chinese), which together accounted for a further 20%.

In terms of the main suppliers, Spain, with a CAGR of +348.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average direct dye import price stood at $X per ton in 2021, picking up by 41% against the previous year. Overall, the import price saw a strong expansion. The growth pace was the most rapid in 2020 when the average import price increased by 108%. The import price peaked in 2021 and is expected to retain growth in years to come.

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 Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+45.8%), 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 direct dyes and preparations based thereon in the world?

The country with the largest volume of direct dye consumption was China, accounting for 25% of total volume. Moreover, direct dye consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of direct dyes and preparations based thereon in the world?

The countries with the highest volumes of direct dye production in 2020 were China, India and the United States, with a combined 53% share of global production. Indonesia, Spain, Pakistan, Brazil, Japan, Nigeria, Mexico, the UK and Turkey lagged somewhat behind, together comprising a further 30%.

What are the leading suppliers of direct dyes and preparations based thereon to the Philippines?

In value terms, Germany constituted the largest supplier of direct dye to the Philippines, comprising 55% of total imports. The second position in the ranking was occupied by Japan, with a 27% share of total imports. It was followed by Indonesia, with a 6.4% share.

What are the leading importers of direct dyes and preparations based thereon from the Philippines?

In value terms, Indonesia remains the key foreign market for direct dye exports from the Philippines.

What is the average export price for direct dyes and preparations based thereon in the Philippines?

The average direct dye export price stood at $7,977 per ton in 2020, leveling off at the previous year.

What is the average import price for direct dyes and preparations based thereon in the Philippines?

The average direct dye import price stood at $7,823 per ton in 2020, picking up by 86% against the previous year.

This report provides an in-depth analysis of the direct dye 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 20122140 - Direct dyes and preparations based thereon

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