Report Update Nov 1, 2024

Philippines - Imines and Their Derivatives and Salts Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Imines Market 2024

Imines Market Size in the Philippines

In 2021, after two years of growth, there was significant decline in the Philippine imines market, when its value decreased by -7.7% to $X. In general, consumption saw a strong increase. Imines consumption peaked at $X in 2020, and then shrank in the following year.

Imines Production in the Philippines

In value terms, imines production rose slightly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 29%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Imines Exports

Exports from the Philippines

In 2021, imines exports from the Philippines amounted to X kg, remaining relatively unchanged against the year before. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by 18% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imines exports stood at $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 36%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Thailand (X kg) was the main destination for imines exports from the Philippines, with a approx. 100% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Thailand was relatively modest.

From 2014 to 2021, the average annual rate of growth in terms of value to Thailand was relatively modest.

Export Prices by Country

In 2021, the average imines export price amounted to $X per ton, remaining constant against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 31% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Thailand totaled $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+31.5%).

Imines Imports

Imports into the Philippines

For the third consecutive year, the Philippines recorded growth in purchases abroad of imines and their derivatives and salts thereof, which increased by 6.5% to X tons in 2021. Over the period under review, total imports indicated resilient growth from 2017 to 2021: its volume increased at an average annual rate of +10.0% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 33% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imines imports reduced to $X in 2021. In general, total imports indicated a buoyant increase from 2017 to 2021: its value increased at an average annual rate of +7.1% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +36.2% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of 31% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then fell in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of imines to the Philippines, accounting for a 70% share of total imports. Moreover, imines imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2017 to 2021, the average annual growth rate of volume from China totaled +35.9%.

In value terms, the largest imines suppliers to the Philippines were China ($X) and India ($X).

In terms of the main suppliers, China, with a CAGR of +29.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average imines import price amounted to $X per ton, waning by -13.3% against the previous year. Over the period under review, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 5.8%. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China amounted to $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by India (+1.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for imines and their derivatives and salts thereof in the world?

The countries with the highest volumes of imines consumption in 2020 were China, the United States and Poland, together comprising 34% of global consumption. South Korea, Brazil, Spain, the UK, Germany, Singapore, Italy, Switzerland, Thailand and Russia lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of imines and their derivatives and salts thereof in the world?

The countries with the highest volumes of imines production in 2020 were China, India and France, with a combined 81% share of global production.

What are the leading suppliers of imines and their derivatives and salts thereof to the Philippines?

In value terms, China, India and France constituted the largest imines suppliers to the Philippines, with a combined 94% share of total imports.

What is the average export price for imines and their derivatives and salts thereof in the Philippines?

In 2016, the average imines export price amounted to $3,533 per ton, remaining constant against the previous year.

What is the average import price for imines and their derivatives and salts thereof in the Philippines?

In 2020, the average imines import price amounted to $6,067 per ton, shrinking by -6.8% against the previous year.

This report provides an in-depth analysis of the imines 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 20144340 - Imines and their derivatives, and salts thereof

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