Philippines: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2025

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the Philippines

In 2021, the Philippine market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by 39% to $X, rising for the second year in a row after two years of decline. Overall, consumption enjoyed a significant increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from the Philippines

In 2021, shipments abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by 52% to X tons, rising for the fifth year in a row after four years of decline. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 204%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2021. Overall, exports recorded prominent growth. The growth pace was the most rapid in 2013 with an increase of 90%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Japan (X tons) was the main destination for exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from the Philippines, accounting for a 100% share of total exports. It was followed by Palau (X kg), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan stood at +40.7%.

In value terms, Japan ($X) remains the key foreign market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exports from the Philippines, comprising 99.9% of total exports. The second position in the ranking was taken by Palau ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan totaled +34.8%.

Export Prices by Country

In 2021, the average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, growing by 12% against the previous year. Overall, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 189%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Palau stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+61.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into the Philippines

In 2021, overseas purchases of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by 36% to X tons, rising for the second consecutive year after two years of decline. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2017 with an increase of 1,715% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals surged to $X in 2021. In general, imports posted strong growth. The pace of growth was the most pronounced in 2017 when imports increased by 453% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of chlorides and phosphorus oxychloride and halides to the Philippines, accounting for a approx. 98% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +41.1%.

In value terms, China ($X) constituted the largest supplier of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to the Philippines.

From 2012 to 2021, the average annual growth rate of value from China totaled +39.4%.

Import Prices by Country

The average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, surging by 13% against the previous year. Over the period under review, the import price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, 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 -1.2% per year.

Source: IndexBox Platform

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