Philippines: Market for Organic Surface Active Agents And Washing Preparations 2024

Market Size for Organic Surface Active Agents And Washing Preparations in the Philippines

The Philippine market for organic surface active agents and washing preparations expanded slightly to $X in 2022, surging by X% against the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Organic Surface Active Agents And Washing Preparations in the Philippines

In value terms, production of organic surface active agents and washing preparations amounted to $X in 2022 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Organic Surface Active Agents And Washing Preparations

Exports from the Philippines

In 2022, shipments abroad of organic surface active agents and washing preparations decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of organic surface active agents and washing preparations declined to $X in 2022. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons), Vietnam (X tons) and Malaysia (X tons) were the main destinations of exports of organic surface active agents and washing preparations from the Philippines, together accounting for X% of total exports. Thailand, Japan, China, South Korea, Indonesia, Germany, India, the United States, Spain and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Australia ($X) and Malaysia ($X) constituted the largest markets for organic surface active agent and washing preparation exported from the Philippines worldwide, together accounting for X% of total exports. Thailand, China, Japan, South Korea, Germany, Indonesia, the United States, India, Spain and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Japan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for organic surface active agents and washing preparations stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents And Washing Preparations

Imports into the Philippines

In 2022, purchases abroad of organic surface active agents and washing preparations was finally on the rise to reach X tons after two years of decline. Over the period under review, imports recorded a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of organic surface active agents and washing preparations surged to $X in 2022. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Indonesia (X tons), China (X tons) and Vietnam (X tons) were the main suppliers of imports of organic surface active agents and washing preparations to the Philippines, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest organic surface active agent and washing preparation suppliers to the Philippines were China ($X), Indonesia ($X) and Vietnam ($X), together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, 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 import price for organic surface active agents and washing preparations stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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