Report Update Nov 1, 2024

Philippines - Prepared Additives for Cements, Mortars or Concretes - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in the Philippines

In 2022, the Philippine prepared additives for cements market increased by 0.9% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a buoyant increase. Prepared additives for cements consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from the Philippines

In 2022, exports of prepared additives for cements, mortars or concretes from the Philippines soared to X tons, picking up by 580% against the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 681%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, prepared additives for cements exports skyrocketed to $X in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam (X tons) was the main destination for prepared additives for cements exports from the Philippines, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam totaled +54.7%.

In value terms, Vietnam ($X) also remains the key foreign market for prepared additives for cements, mortars or concretes exports from the Philippines.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam stood at +72.7%.

Export Prices by Country

The average prepared additives for cements export price stood at $X per ton in 2022, jumping by 15% against the previous year. In general, the export price showed a tangible expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 164%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +11.7% per year.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into the Philippines

In 2022, overseas purchases of prepared additives for cements, mortars or concretes increased by 8.5% to X tons, rising for the second consecutive year after two years of decline. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 90%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, prepared additives for cements imports dropped slightly to $X in 2022. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X tons) constituted the largest prepared additives for cements supplier to the Philippines, with a 60% share of total imports. Moreover, prepared additives for cements imports from Japan exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan stood at +74.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+7.7% per year) and China (+6.1% per year).

In value terms, South Korea ($X) constituted the largest supplier of prepared additives for cements, mortars or concretes to the Philippines, comprising 56% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Japan, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.0% per year) and Japan (+31.4% per year).

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2022, shrinking by -8.8% against the previous year. Overall, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of 29%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Japan ($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 (+8.3%), 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 prepared additives for cements, mortars or concretes in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 37% share of global consumption.

What are the largest producers of prepared additives for cements, mortars or concretes in the world?

China remains the largest prepared additives for cements producing country worldwide, comprising approx. 31% of total volume. Moreover, prepared additives for cements production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of prepared additives for cements, mortars or concretes to the Philippines?

In value terms, South Korea constituted the largest supplier of prepared additives for cements to the Philippines, comprising 61% of total imports. The second position in the ranking was occupied by China, with a 15% share of total imports. It was followed by Japan, with a 15% share.

What are the leading importers of prepared additives for cements, mortars or concretes from the Philippines?

In value terms, Vietnam remains the key foreign market for prepared additives for cements exports from the Philippines, comprising 98% of total exports. The second position in the ranking was occupied by Papua New Guinea, with a 1.6% share of total exports.

What is the average export price for prepared additives for cements, mortars or concretes in the Philippines?

In 2021, the average prepared additives for cements export price amounted to $1,253 per ton, increasing by 8.1% against the previous year.

What is the average import price for prepared additives for cements, mortars or concretes in the Philippines?

In 2021, the average prepared additives for cements import price amounted to $511 per ton, falling by -8.2% against the previous year.

This report provides an in-depth analysis of the market for prepared additives for cements 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 20595750 - Prepared additives for cements, mortars or concretes

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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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
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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