Report Update Nov 1, 2024

Philippines - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in the Philippines

In 2021, the Philippine titanium dioxide pigments market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Titanium Dioxide Pigments Exports

Exports from the Philippines

In 2021, titanium dioxide pigments exports from the Philippines fell to X tons, which is down by -13% compared with the previous year. Over the period under review, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2017 with an increase of 321%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, titanium dioxide pigments exports dropped markedly to $X in 2021. Overall, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of 682% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Myanmar (X tons), Japan (X tons) and Pakistan (X kg) were the main destinations of titanium dioxide pigments exports from the Philippines, together accounting for 67% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of +10.6%), while the other leaders experienced a decline.

In value terms, the largest markets for titanium dioxide pigments exported from the Philippines were Japan ($X), China ($X) and Myanmar ($X), with a combined 65% share of total exports.

Among the main countries of destination, Myanmar, with a CAGR of +9.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average titanium dioxide pigments export price amounted to $X per ton, declining by -13.8% against the previous year. Overall, the export price, however, enjoyed resilient growth. The growth pace was the most rapid in 2019 when the average export price increased by 231%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Dioxide Pigments Imports

Imports into the Philippines

In 2021, the amount of titanium dioxide pigments and colouring preparations imported into the Philippines soared to X tons, with an increase of 40% on the previous year. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2014 when imports increased by 42% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, titanium dioxide pigments imports soared to $X in 2021. In general, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Australia (X tons) and the United States (X tons) were the main suppliers of titanium dioxide pigments imports to the Philippines, together accounting for 86% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +27.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest titanium dioxide pigments suppliers to the Philippines were China ($X), Australia ($X) and the United States ($X), with a combined 85% share of total imports.

In terms of the main suppliers, China, with a CAGR of +31.9%, 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 titanium dioxide pigments import price stood at $X per ton in 2021, increasing by 15% against the previous year. Overall, the import price, however, saw a slight downturn. The growth pace was the most rapid in 2017 an increase of 25%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($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 (+3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium dioxide pigments and colouring preparations in the world?

The countries with the highest volumes of in 2021 were China, the United States and Russia, with a combined 42% share of global consumption. These countries were followed by Germany, Mexico, India, South Korea, Turkey, Japan, Italy, Brazil, Spain and Canada, which together accounted for a further 30%.

What are the largest producers of titanium dioxide pigments and colouring preparations in the world?

The country with the largest volume of titanium dioxide pigments production was China, comprising approx. 36% of total volume. Moreover, titanium dioxide pigments production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with a 5.6% share.

What are the leading suppliers of titanium dioxide pigments and colouring preparations to the Philippines?

In value terms, China, Australia and Mexico constituted the largest titanium dioxide pigments suppliers to the Philippines, with a combined 74% share of total imports.

What are the leading importers of titanium dioxide pigments and colouring preparations from the Philippines?

In value terms, the largest markets for titanium dioxide pigments exported from the Philippines were India, Indonesia and Malaysia, with a combined 94% share of total exports.

What is the average export price for titanium dioxide pigments and colouring preparations in the Philippines?

In 2021, the average titanium dioxide pigments export price amounted to $8,101 per ton, surging by 124% against the previous year.

What is the average import price for titanium dioxide pigments and colouring preparations in the Philippines?

The average titanium dioxide pigments import price stood at $2,830 per ton in 2021, picking up by 15% against the previous year.

This report provides an in-depth analysis of the titanium dioxide pigments 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium 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