Report Update Nov 1, 2024

Philippines - Rigid Tubes, Pipes and Hoses of Polymers of Ethylene - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in the Philippines

In 2021, the Philippine ethylene polymer rigid pipes market decreased by -42.3% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, showed significant growth. Ethylene polymer rigid pipes consumption peaked at $X in 2020, and then fell notably in the following year.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from the Philippines

In 2021, overseas shipments of rigid tubes, pipes and hoses of polymers of ethylene increased by 16,447% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports continue to indicate significant growth. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, ethylene polymer rigid pipes exports skyrocketed to $X in 2021. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tons) was the main destination for ethylene polymer rigid pipes exports from the Philippines, with a 68% share of total exports. Moreover, ethylene polymer rigid pipes exports to Malaysia exceeded the volume sent to the second major destination, Australia (X tons), twofold.

From 2014 to 2021, the average annual rate of growth in terms of volume to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (0.0% per year) and Japan (-61.9% per year).

In value terms, Malaysia ($X) emerged as the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from the Philippines, comprising 71% of total exports. The second position in the ranking was taken by Australia ($X), with a 28% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of value to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (0.0% per year) and Japan (-62.2% per year).

Export Prices by Country

The average ethylene polymer rigid pipes export price stood at $X per ton in 2021, picking up by 70% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 243%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.9%).

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into the Philippines

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were imported into the Philippines; reducing by -11.6% against the year before. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 213% against the previous year. Imports peaked at X tons in 2020, and then fell in the following year.

In value terms, ethylene polymer rigid pipes imports dropped notably to $X in 2021. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 248% against the previous year. Imports peaked at $X in 2020, and then declined rapidly in the following year.

Imports by Country

South Korea (X tons), China (X tons) and Thailand (X tons) were the main suppliers of ethylene polymer rigid pipes imports to the Philippines, together comprising 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +128.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of ethylene to the Philippines, comprising 56% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports. It was followed by Thailand, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from South Korea stood at +27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+36.3% per year) and Thailand (+106.0% per year).

Import Prices by Country

The average ethylene polymer rigid pipes import price stood at $X per ton in 2021, with a decrease of -65.9% against the previous year. Overall, the import price saw a slight reduction. The growth pace was the most rapid in 2019 when the average import price increased by 88% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($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 (+6.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rigid tubes, pipes and hoses of polymers of ethylene in the world?

China constituted the country with the largest volume of ethylene polymer rigid pipes consumption, comprising approx. 24% of total volume. Moreover, ethylene polymer rigid pipes consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of rigid tubes, pipes and hoses of polymers of ethylene in the world?

China constituted the country with the largest volume of ethylene polymer rigid pipes production, accounting for 25% of total volume. Moreover, ethylene polymer rigid pipes 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 an 8.9% share.

What are the leading suppliers of rigid tubes, pipes and hoses of polymers of ethylene to the Philippines?

In value terms, India, Italy and Germany constituted the largest ethylene polymer rigid pipes suppliers to the Philippines, together accounting for 92% of total imports.

What is the average export price for rigid tubes, pipes and hoses of polymers of ethylene in the Philippines?

The average ethylene polymer rigid pipes export price stood at $3,258 per ton in 2021, growing by 35% against the previous year.

What is the average import price for rigid tubes, pipes and hoses of polymers of ethylene in the Philippines?

The average ethylene polymer rigid pipes import price stood at $2,456 per ton in 2021, shrinking by -32.5% against the previous year.

This report provides an in-depth analysis of the market for ethylene polymer rigid pipes 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 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene

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