Report Update Nov 1, 2024

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

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Philippines: Feldspar Market 2024

Feldspar Market Size in the Philippines

In 2021, after three years of growth, there was significant decline in the Philippine feldspar market, when its value decreased by -17.8% to $X. Over the period under review, consumption, however, recorded a buoyant expansion. Over the period under review, the market hit record highs at $X in 2020, and then declined sharply in the following year.

Feldspar Production in the Philippines

In value terms, feldspar production declined to $X in 2021 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.2% 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 +120.7% against 2012 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 32% against the previous year. Feldspar production peaked at $X in 2020, and then shrank in the following year.

Feldspar Exports

Exports from the Philippines

In 2021, overseas shipments of feldspar increased by 1.6% to X tons, rising for the sixth consecutive year after three years of decline. Overall, exports, however, saw a sharp slump. The most prominent rate of growth was recorded in 2017 when exports increased by 2.2% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, feldspar exports fell modestly to $X in 2021. In general, exports, however, faced a dramatic slump. The most prominent rate of growth was recorded in 2016 with an increase of 1.6%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for feldspar exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at -27.1%.

In value terms, China ($X) also remains the key foreign market for feldspar exports from the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled -48.8%.

Export Prices by Country

In 2021, the average feldspar export price amounted to $X per ton, dropping by -3.1% against the previous year. Over the period under review, the export price faced a precipitous curtailment. The most prominent rate of growth was recorded in 2013 an increase of 0.1%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -29.9% per year.

Feldspar Imports

Imports into the Philippines

In 2021, overseas purchases of feldspar decreased by -75.9% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 445% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, feldspar imports fell markedly to $X in 2021. Overall, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2016 with an increase of 415%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), China (X tons) and India (X tons) were the main suppliers of feldspar imports to the Philippines, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +48.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and India ($X) were the largest feldspar suppliers to the Philippines, with a combined 92% share of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of +37.9%, recorded the highest growth rate of 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 feldspar import price stood at $X per ton in 2021, surging by 78% against the previous year. Overall, the import price enjoyed a temperate expansion. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+10.5%), 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 feldspar in the world?

The countries with the highest volumes of feldspar consumption in 2020 were Italy, Turkey and India, with a combined 44% share of global consumption.

What are the largest producers of feldspar in the world?

Turkey constituted the country with the largest volume of feldspar production, accounting for 31% of total volume. Moreover, feldspar production in Turkey exceeded the figures recorded by the second-largest producer, India, twofold. Italy ranked third in terms of total production with a 13% share.

What are the leading suppliers of feldspar to the Philippines?

In value terms, the largest feldspar suppliers to the Philippines were Thailand, China and Turkey, with a combined 76% share of total imports.

What are the leading importers of feldspar from the Philippines?

In value terms, China remains the key foreign market for feldspar exports from the Philippines, comprising 100% of total exports. The second position in the ranking was occupied by Taiwan Chinese) $65), with a 0.5% share of total exports.

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

In 2020, the average feldspar export price amounted to $1,594 per ton, growing by 9.1% against the previous year.

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

The average feldspar import price stood at $131 per ton in 2020, with a decrease of -2.2% against the previous year.

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

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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
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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