Report Update Nov 1, 2024

Philippines - Synthetic Organic Products Used As Fluorescent Brightening Agents - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in the Philippines

In 2022, the Philippine fluorescent brightening agents market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fluorescent Brightening Agents Exports

Exports from the Philippines

In 2022, fluorescent brightening agents exports from the Philippines surged to X tons, picking up by 37% compared with 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 6,570%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, fluorescent brightening agents exports soared to $X in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 273% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

India (X tons) and Vietnam (X tons) were the main destinations of fluorescent brightening agents exports from the Philippines.

From 2018 to 2022, the biggest increases were recorded for India (with a CAGR of +831.0%).

In value terms, India ($X) emerged as the key foreign market for synthetic organic products used as fluorescent brightening agents exports from the Philippines, comprising 69% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 31% share of total exports.

From 2018 to 2022, the average annual rate of growth in terms of value to India stood at +386.6%.

Export Prices by Country

In 2022, the average fluorescent brightening agents export price amounted to $X per ton, picking up by 16% against the previous year. In general, the export price, however, showed a sharp contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 49%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Vietnam totaled $X per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-47.7%).

Fluorescent Brightening Agents Imports

Imports into the Philippines

In 2022, fluorescent brightening agents imports into the Philippines surged to X tons, increasing by 93% against 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fluorescent brightening agents imports surged to $X in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of fluorescent brightening agents to the Philippines, accounting for a 71% share of total imports. Moreover, fluorescent brightening agents imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Indonesia (X tons) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +26.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.8% per year) and Indonesia (+60.3% per year).

In value terms, the largest fluorescent brightening agents suppliers to the Philippines were India ($X), China ($X) and Switzerland ($X), together accounting for 95% of total imports. Indonesia, Taiwan (Chinese) and South Korea lagged somewhat behind, together comprising a further 2.8%.

In terms of the main suppliers, Indonesia, with a CAGR of +43.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fluorescent brightening agents import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 39% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Switzerland ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.4%), 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 synthetic organic products used as fluorescent brightening agents in the world?

The countries with the highest volumes of in 2021 were Switzerland, Finland and Taiwan Chinese), with a combined 27% share of global consumption. These countries were followed by Japan, India, China, Italy, Russia, Canada, Austria, Thailand, Singapore and France, which together accounted for a further 37%.

What are the largest producers of synthetic organic products used as fluorescent brightening agents in the world?

The countries with the highest volumes of in 2021 were China, Switzerland and India, with a combined 53% share of global production. Spain, Germany, Taiwan Chinese) and Indonesia lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of synthetic organic products used as fluorescent brightening agents to the Philippines?

In value terms, China, India and Switzerland were the largest fluorescent brightening agents suppliers to the Philippines, with a combined 92% share of total imports.

What are the leading importers of synthetic organic products used as fluorescent brightening agents from the Philippines?

In value terms, Vietnam and India constituted the largest markets for fluorescent brightening agents exported from the Philippines worldwide.

What is the average export price for synthetic organic products used as fluorescent brightening agents in the Philippines?

The average fluorescent brightening agents export price stood at $2,326 per ton in 2021, declining by -33.6% against the previous year.

What is the average import price for synthetic organic products used as fluorescent brightening agents in the Philippines?

The average fluorescent brightening agents import price stood at $5,373 per ton in 2021, reducing by -21.3% against the previous year.

This report provides an in-depth analysis of the fluorescent brightening agents 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 20122160 - Synthetic organic products used as fluorescent brightening agents

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