Report Update Nov 1, 2024

Philippines - Mixed Alkylbenzenes, Mixed Alkylnaphthalenes - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines

For the fourth consecutive year, the Philippine mixed alkylbenzenes, mixed alkylnaphthalenes market recorded growth in sales value, which increased by 27% to $X in 2021. Overall, consumption saw a significant increase. Mixed alkylbenzenes, mixed alkylnaphthalenes consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from the Philippines

For the ninth consecutive year, the Philippines recorded decline in overseas shipments of mixed alkylbenzenes, mixed alkylnaphthalenes, which decreased by -6.3% to X tons in 2021. In general, exports showed a abrupt decline. The smallest decline of -5.4% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports reduced to $X in 2021. Overall, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2015 with an increase of 16% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for mixed alkylbenzenes, mixed alkylnaphthalenes 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 Singapore stood at -6.6%.

In value terms, Singapore ($X) also remains the key foreign market for mixed alkylbenzenes, mixed alkylnaphthalenes exports from the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore totaled -4.7%.

Export Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $X per ton, with a decrease of -5.7% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mixed alkylbenzenes, mixed alkylnaphthalenes export price decreased by -29.7% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of 30%. As a result, the export price reached the peak level of $X per ton. From 2016 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 Singapore.

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to +2.0% per year.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into the Philippines

For the fourth year in a row, the Philippines recorded growth in supplies from abroad of mixed alkylbenzenes, mixed alkylnaphthalenes, which increased by 9% to X tons in 2021. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 841% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports surged to $X in 2021. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of 837% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

India (X tons), South Korea (X tons) and China (X tons) were the main suppliers of mixed alkylbenzenes, mixed alkylnaphthalenes imports to the Philippines, with a combined 84% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +80.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), South Korea ($X) and Taiwan (Chinese) ($X) were the largest mixed alkylbenzenes, mixed alkylnaphthalenes suppliers to the Philippines, together accounting for 85% of total imports. China lagged somewhat behind, accounting for a further 13%.

In terms of the main suppliers, China, with a CAGR of +69.2%, saw 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 mixed alkylbenzenes, mixed alkylnaphthalenes import price stood at $X per ton in 2021, surging by 31% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from India ($X per ton) and South Korea ($X per ton), while the price for China ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mixed alkylbenzenes, mixed alkylnaphthalenes in the world?

The countries with the highest volumes of mixed alkylbenzenes, mixed alkylnaphthalenes consumption in 2021 were China, the United States and India, together accounting for 33% of global consumption. Japan, Germany, Qatar, Taiwan Chinese), Mexico, Pakistan, Indonesia, Brazil, Vietnam and Turkey lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of mixed alkylbenzenes, mixed alkylnaphthalenes in the world?

The countries with the highest volumes of mixed alkylbenzenes, mixed alkylnaphthalenes production in 2021 were China, the United States and Saudi Arabia, with a combined 44% share of global production. Canada, Japan, South Korea, Brazil, Egypt, Qatar, Taiwan Chinese), Russia, Spain and Italy lagged somewhat behind, together accounting for a further 35%.

What are the leading suppliers of mixed alkylbenzenes, mixed alkylnaphthalenes to the Philippines?

In value terms, the largest mixed alkylbenzenes, mixed alkylnaphthalenes suppliers to the Philippines were South Korea, Taiwan Chinese) and China, together accounting for 99% of total imports.

What are the leading importers of mixed alkylbenzenes, mixed alkylnaphthalenes from the Philippines?

In value terms, Singapore remains the key foreign market for mixed alkylbenzenes, mixed alkylnaphthalenes exports from the Philippines.

What is the average export price for mixed alkylbenzenes, mixed alkylnaphthalenes in the Philippines?

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $1,972 per ton, increasing by 3.1% against the previous year.

What is the average import price for mixed alkylbenzenes, mixed alkylnaphthalenes in the Philippines?

The average mixed alkylbenzenes, mixed alkylnaphthalenes import price stood at $1,516 per ton in 2021, rising by 31% against the previous year.

This report provides an in-depth analysis of the market for mixed alkylbenzenes, mixed alkylnaphthalenes 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 20595670 - Mixed alkylbenzenes, mixed alkylnaphthalenes other than HS

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
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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