Report Update Nov 1, 2024

Philippines - Polyphenols and Phenol-Alcohols - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Polyphenols And Phenol-Alcohols Market 2024

Polyphenols And Phenol-Alcohols Market Size in the Philippines

In 2022, after two years of decline, there was significant growth in the Philippine polyphenols and phenol-alcohols market, when its value increased by 74% to $X. In general, consumption posted buoyant growth. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Polyphenols And Phenol-Alcohols Exports

Exports from the Philippines

In 2022, approx. X tons of polyphenols and phenol-alcohols were exported from the Philippines; picking up by 146% against 2021. Overall, exports posted buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by 233%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, polyphenols and phenol-alcohols exports expanded rapidly to $X in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 175%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Singapore (X tons) was the main destination for polyphenols and phenol-alcohols exports from the Philippines, with a 72% share of total exports. Moreover, polyphenols and phenol-alcohols exports to Singapore exceeded the volume sent to the second major destination, India (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at +94.4%.

In value terms, the largest markets for polyphenols and phenol-alcohols exported from the Philippines were Singapore ($X) and India ($X).

In terms of the main countries of destination, Singapore, with a CAGR of +91.9%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average polyphenols and phenol-alcohols export price amounted to $X per ton, with a decrease of -56.1% against the previous year. In general, the export price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 147% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Singapore totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+7.2%).

Polyphenols And Phenol-Alcohols Imports

Imports into the Philippines

In 2022, supplies from abroad of polyphenols and phenol-alcohols was finally on the rise to reach X tons after two years of decline. Overall, imports saw a temperate expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 293% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, polyphenols and phenol-alcohols imports surged to $X in 2022. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 232%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Japan (X tons) constituted the largest polyphenols and phenol-alcohols supplier to the Philippines, accounting for a 67% share of total imports. Moreover, polyphenols and phenol-alcohols imports from Japan exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume from Japan amounted to +32.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+20.4% per year) and China (+10.0% per year).

In value terms, Japan ($X) constituted the largest supplier of polyphenols and phenol-alcohols to the Philippines, comprising 64% of total imports. The second position in the ranking was held by India ($X), with a 23% share of total imports. It was followed by China, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value from Japan amounted to +30.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+23.2% per year) and China (+4.1% per year).

Import Prices by Country

The average polyphenols and phenol-alcohols import price stood at $X per ton in 2022, increasing by 34% against the previous year. Overall, the import price posted prominent growth. The growth pace was the most rapid in 2016 when the average import price increased by 126%. The import price peaked in 2022 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 Germany ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyphenols and phenol-alcohols in the world?

The countries with the highest volumes of in 2021 were China, Japan and the United States, together accounting for 46% of global consumption.

What are the largest producers of polyphenols and phenol-alcohols in the world?

The country with the largest volume of polyphenols and phenol-alcohols production was Japan, comprising approx. 35% of total volume. Moreover, polyphenols and phenol-alcohols production in Japan exceeded the figures recorded by the second-largest producer, the United States, threefold. China ranked third in terms of total production with a 12% share.

What are the leading suppliers of polyphenols and phenol-alcohols to the Philippines?

In value terms, Japan constituted the largest supplier of polyphenols and phenol-alcohols to the Philippines, comprising 70% of total imports. The second position in the ranking was occupied by India, with a 12% share of total imports. It was followed by China, with a 7.3% share.

What is the average export price for polyphenols and phenol-alcohols in the Philippines?

In 2021, the average polyphenols and phenol-alcohols export price amounted to $125,000 per ton, increasing by 1,073% against the previous year.

What is the average import price for polyphenols and phenol-alcohols in the Philippines?

In 2021, the average polyphenols and phenol-alcohols import price amounted to $8,431 per ton, rising by 5.6% against the previous year.

This report provides an in-depth analysis of the polyphenols and phenol-alcohols 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 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols

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