Report Update Nov 1, 2024

Philippines - Sulphates of Barium or Aluminium - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in the Philippines

For the fifth year in a row, the Philippine barium or aluminium sulphates market recorded decline in sales value, which decreased by -9.8% to $X in 2022. In general, consumption, however, continues to indicate slight growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from the Philippines

In 2022, approx. X tons of sulphates of barium or aluminium were exported from the Philippines; picking up by 46% on the year before. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2014 when exports increased by 810%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, barium or aluminium sulphates exports skyrocketed to $X in 2022. In general, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 119%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Japan (X tons) was the main destination for barium or aluminium sulphates exports from the Philippines, accounting for a 79% share of total exports. Moreover, barium or aluminium sulphates exports to Japan exceeded the volume sent to the second major destination, Pakistan (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Japan stood at +42.8%.

In value terms, Japan ($X) remains the key foreign market for sulphates of barium or aluminium exports from the Philippines, comprising 97% of total exports. The second position in the ranking was held by Pakistan ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan stood at +54.5%.

Export Prices by Country

The average barium or aluminium sulphates export price stood at $X per ton in 2022, growing by 4.7% against the previous year. Overall, the export price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 121%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Pakistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+86.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports into the Philippines

Barium or aluminium sulphates imports into the Philippines fell slightly to X tons in 2022, reducing by -3.9% against the year before. In general, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +7.0% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by 49% 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, barium or aluminium sulphates imports shrank to $X in 2022. Over the period under review, imports, however, recorded slight growth. The growth pace was the most rapid in 2017 with an increase of 108% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Indonesia (X tons) and China (X tons) were the main suppliers of barium or aluminium sulphates imports to the Philippines.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +8.5%).

In value terms, China ($X) and Indonesia ($X) appeared to be the largest barium or aluminium sulphates suppliers to the Philippines.

Indonesia, with a CAGR of +11.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average barium or aluminium sulphates import price stood at $X per ton in 2022, dropping by -7.3% against the previous year. In general, the import price saw a mild curtailment. The growth pace was the most rapid in 2017 an increase of 40%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Indonesia stood at $X per ton.

From 2012 to 2022, 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 mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphates of barium or aluminium in the world?

The country with the largest volume of barium or aluminium sulphates consumption was China, accounting for 28% of total volume. Moreover, barium or aluminium sulphates consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.3% share.

What are the largest producers of sulphates of barium or aluminium in the world?

China constituted the country with the largest volume of barium or aluminium sulphates production, accounting for 33% of total volume. Moreover, barium or aluminium sulphates production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of sulphates of barium or aluminium to the Philippines?

In value terms, China constituted the largest supplier of barium or aluminium sulphates to the Philippines, comprising 79% of total imports. The second position in the ranking was occupied by Indonesia, with a 16% share of total imports.

What are the leading importers of sulphates of barium or aluminium from the Philippines?

In value terms, Japan emerged as the key foreign market for barium or aluminium sulphates exports from the Philippines, comprising 95% of total exports. The second position in the ranking was occupied by Pakistan, with a 1.9% share of total exports.

What is the average export price for sulphates of barium or aluminium in the Philippines?

The average barium or aluminium sulphates export price stood at $4,198 per ton in 2021, picking up by 879% against the previous year.

What is the average import price for sulphates of barium or aluminium in the Philippines?

In 2021, the average barium or aluminium sulphates import price amounted to $277 per ton, increasing by 12% against the previous year.

This report provides an in-depth analysis of the market for barium or aluminium sulphates 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 20134151 - Sulphates of barium or aluminium

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
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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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