Report Update Nov 1, 2024

Philippines - Saturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in the Philippines

The Philippine saturated acyclic hydrocarbons market surged to $X in 2022, rising by 71% 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). Over the period under review, consumption continues to indicate significant growth. Saturated acyclic hydrocarbons consumption peaked in 2022 and is likely to continue growth in the near future.

Saturated Acyclic Hydrocarbons Exports

Exports from the Philippines

Saturated acyclic hydrocarbons exports from the Philippines surged to X kg in 2018, rising by 141% against the year before. In general, exports, however, recorded a precipitous slump. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2018, the exports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons exports soared to $X in 2018. Over the period under review, exports, however, saw a deep downturn. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for saturated acyclic hydrocarbons exports from the Philippines, with a approx. 100% share of total exports.

From 2013 to 2018, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) also remains the key foreign market for saturated acyclic hydrocarbons exports from the Philippines.

From 2013 to 2018, the average annual rate of growth in terms of value to the United States amounted to +44.5%.

Export Prices by Country

In 2018, the average saturated acyclic hydrocarbons export price amounted to $X per ton, surging by 17% against the previous year. In general, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2018, the rate of growth in terms of prices for the United States amounted to +43.9% per year.

Saturated Acyclic Hydrocarbons Imports

Imports into the Philippines

In 2022, imports of saturated acyclic hydrocarbons into the Philippines surged to X tons, picking up by 51% on 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 132%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, saturated acyclic hydrocarbons imports soared to $X in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, South Korea (X tons) was the main supplier of saturated acyclic hydrocarbons to the Philippines, with a 97% share of total imports. It was followed by China (X tons), with a 2.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea stood at +43.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+39.4% per year) and Singapore (-50.0% per year).

In value terms, South Korea ($X) constituted the largest supplier of saturated acyclic hydrocarbons to the Philippines, comprising 96% of total imports. The second position in the ranking was held by China ($X), with a 3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from South Korea totaled +49.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+36.3% per year) and Singapore (-49.3% per year).

Import Prices by Country

In 2022, the average saturated acyclic hydrocarbons import price amounted to $X per ton, increasing by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 when the average import price increased by 35%. The import price peaked at $X per ton in 2015; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (+7.9%), 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 saturated acyclic hydrocarbons in the world?

The countries with the highest volumes of saturated acyclic hydrocarbons consumption in 2021 were Russia, China and India, with a combined 54% share of global consumption. Canada, the United States, Qatar, Mexico, Finland, Japan, Spain, Brazil and Sweden lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of saturated acyclic hydrocarbons in the world?

The countries with the highest volumes of saturated acyclic hydrocarbons production in 2021 were Russia, the United States and China, together comprising 72% of global production.

What are the leading suppliers of saturated acyclic hydrocarbons to the Philippines?

In value terms, South Korea constituted the largest supplier of saturated acyclic hydrocarbons to the Philippines, comprising 81% of total imports. The second position in the ranking was occupied by China, with an 8.7% share of total imports. It was followed by Singapore, with a 7.2% share.

What are the leading importers of saturated acyclic hydrocarbons from the Philippines?

In value terms, the United States remains the key foreign market for saturated acyclic hydrocarbons exports from the Philippines.

What is the average export price for saturated acyclic hydrocarbons in the Philippines?

In 2021, the average saturated acyclic hydrocarbons export price amounted to $3,025 per ton, picking up by 11% against the previous year.

What is the average import price for saturated acyclic hydrocarbons in the Philippines?

In 2021, the average saturated acyclic hydrocarbons import price amounted to $840 per ton, picking up by 23% against the previous year.

This report provides an in-depth analysis of the saturated acyclic hydrocarbons 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 20141120 - Saturated acyclic hydrocarbons

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