Report Update Nov 1, 2024

Philippines - Silicon Dioxide - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in the Philippines

After two years of decline, the Philippine silicon dioxide market increased by 63% to $X in 2021. In general, consumption continues to indicate buoyant growth. Silicon dioxide consumption peaked in 2021 and is likely to see gradual growth in years to come.

Silicon Dioxide Exports

Exports from the Philippines

In 2021, exports of silicon dioxide from the Philippines soared to X tons, rising by 8,379% on the previous year. Overall, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of 14,576% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, silicon dioxide exports skyrocketed to $X in 2021. Over the period under review, exports saw a strong expansion. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for silicon dioxide exports from the Philippines, accounting for a 80% share of total exports. Moreover, silicon dioxide exports to Indonesia exceeded the volume sent to the second major destination, Japan (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Indonesia stood at -47.0%.

In value terms, Indonesia ($X) emerged as the key foreign market for silicon dioxide exports from the Philippines, comprising 76% of total exports. The second position in the ranking was taken by Japan ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia totaled -26.9%.

Export Prices by Country

The average silicon dioxide export price stood at $X per ton in 2021, surging by 37% against the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 238%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Indonesia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+187.8%), while the prices for the other major destinations experienced more modest paces of growth.

Silicon Dioxide Imports

Imports into the Philippines

Silicon dioxide imports into the Philippines skyrocketed to X tons in 2021, growing by 55% on the previous year. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 169% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, silicon dioxide imports surged to $X in 2021. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 131% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, South Korea (X tons) constituted the largest silicon dioxide supplier to the Philippines, with a 55% share of total imports. Moreover, silicon dioxide imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea totaled +46.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.9% per year) and Taiwan (Chinese) (+32.4% per year).

In value terms, South Korea ($X) constituted the largest supplier of silicon dioxide to the Philippines, comprising 49% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by Taiwan (Chinese), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea stood at +33.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.0% per year) and Taiwan (Chinese) (+32.0% per year).

Import Prices by Country

In 2021, the average silicon dioxide import price amounted to $X per ton, picking up by 6.7% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for India ($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 (+3.0%), 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 silicon dioxide in the world?

The countries with the highest volumes of silicon dioxide consumption in 2021 were China, the United States and India, with a combined 40% share of global consumption. These countries were followed by Japan, Brazil, Qatar, Indonesia, Belgium, the UK, Taiwan Chinese), Turkey, South Korea and Canada, which together accounted for a further 31%.

What are the largest producers of silicon dioxide in the world?

China constituted the country with the largest volume of silicon dioxide production, comprising approx. 31% of total volume. Moreover, silicon dioxide production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with an 8.8% share.

What are the leading suppliers of silicon dioxide to the Philippines?

In value terms, South Korea, China and Taiwan Chinese) appeared to be the largest silicon dioxide suppliers to the Philippines, together comprising 76% of total imports.

What are the leading importers of silicon dioxide from the Philippines?

In value terms, Spain emerged as the key foreign market for silicon dioxide exports from the Philippines, comprising 67% of total exports. The second position in the ranking was occupied by Indonesia $871), with an 8.1% share of total exports. It was followed by Malaysia, with a 5.7% share.

What is the average export price for silicon dioxide in the Philippines?

In 2021, the average silicon dioxide export price amounted to $8,702 per ton, growing by 747% against the previous year.

What is the average import price for silicon dioxide in the Philippines?

The average silicon dioxide import price stood at $1,241 per ton in 2021, increasing by 7.1% against the previous year.

This report provides an in-depth analysis of the silicon dioxide 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 20132475 - Silicon dioxide

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