Philippines - Peroxosulphates (Persulphates) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Peroxosulphates Market 2024
Peroxosulphates Market Size in the Philippines
The Philippine peroxosulphates market rose significantly to $X in 2021, growing by 7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a perceptible reduction. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.
Peroxosulphates Exports
Exports from the Philippines
In 2020, approx. X tons of peroxosulphates (persulphates) were exported from the Philippines; almost unchanged from 2019. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2015. Over the period under review, the exports reached the peak figure in 2020 and are likely to see gradual growth in the immediate term.
In value terms, peroxosulphates exports totaled $X in 2020. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2015. Over the period under review, the exports hit record highs in 2020 and are likely to see gradual growth in the near future.
Exports by Country
Taiwan (Chinese) (X tons) was the main destination for peroxosulphates exports from the Philippines, with a approx. 100% share of total exports.
From 2014 to 2020, the average annual growth rate of volume to Taiwan (Chinese) was relatively modest.
From 2014 to 2020, the average annual rate of growth in terms of value to Taiwan (Chinese) was relatively modest.
Export Prices by Country
In 2020, the average peroxosulphates export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price showed a deep slump. The most prominent rate of growth was recorded in 2015 when the average export price decreased by 99.9% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2014 to 2020, the rate of growth in terms of prices for Taiwan (Chinese) amounted to 0.0% per year.
Peroxosulphates Imports
Imports into the Philippines
In 2021, approx. X tons of peroxosulphates (persulphates) were imported into the Philippines; with an increase of 13% against 2020. Over the period under review, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 90%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, peroxosulphates imports shrank to $X in 2021. Overall, imports enjoyed perceptible growth. The growth pace was the most rapid in 2019 with an increase of 210%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, China (X tons) constituted the largest peroxosulphates supplier to the Philippines, accounting for a 46% share of total imports. Moreover, peroxosulphates imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 10% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-15.5% per year) and the United States (+23.9% per year).
In value terms, China ($X) constituted the largest supplier of peroxosulphates to the Philippines, comprising 45% of total imports. The second position in the ranking was taken by the United States ($X), with a 21% share of total imports. It was followed by Japan, with an 11% share.
From 2012 to 2021, the average annual growth rate of value from China amounted to +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+30.0% per year) and Japan (-0.9% per year).
Import Prices by Country
The average peroxosulphates import price stood at $X per ton in 2021, which is down by -14.5% against the previous year. In general, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of 64%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was the United States ($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 China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the peroxosulphates 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 20134175 - Peroxosulphates (persulphates)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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