Philippines - Prepared Additives For Cements, Mortars Or Concretes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prepared Additives for Cements in the Philippines - 2023
Contents:
- Price for Prepared Additives for Cements in the Philippines (CIF) - 2022
- Price for Prepared Additives for Cements in the Philippines (FOB) - 2022
- Imports of Prepared Additives for Cements in the Philippines
- Exports of Prepared Additives for Cements in the Philippines
Price for Prepared Additives for Cements in the Philippines (CIF) - 2022
The average prepared additives for cements import price stood at $478 per ton in 2022, falling by -8.8% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the peak figure at $1,241 per ton in 2014; however, from 2015 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 Singapore ($1,719 per ton), while the price for Japan ($93 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Prepared Additives for Cements in the Philippines (FOB) - 2022
The average prepared additives for cements export price stood at $1,352 per ton in 2022, picking up by 15% against the previous year. Over the period under review, the export price enjoyed perceptible growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 164%. The export price peaked at $1,687 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +11.7% per year.
Imports of Prepared Additives for Cements in the Philippines
In 2022, approx. 46K tons of prepared additives for cements, mortars or concretes were imported into the Philippines; picking up by 8.5% compared with the previous year. Overall, imports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year.
In value terms, prepared additives for cements imports reduced to $22M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 48%. As a result, imports reached the peak of $22M, and then declined modestly in the following year.
Import of Prepared Additives for Cements in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 12.6 | 9.5 | 13.5 | 12.4 | -0.5% |
China | 4.7 | 2.4 | 3.4 | 3.5 | -9.4% |
Japan | 1.3 | 1.0 | 3.3 | 2.6 | 26.0% |
Malaysia | 0.7 | 0.3 | 0.4 | 1.0 | 12.6% |
Indonesia | 0.3 | 0.6 | 0.3 | 0.7 | 32.6% |
Others | 2.4 | 1.3 | 1.2 | 1.9 | -7.5% |
Total | 22.1 | 15.0 | 22.2 | 22.0 | -0.2% |
Top Suppliers of Prepared Additives for Cements to the Philippines in 2022:
- Japan (27.7K tons)
- South Korea (9.5K tons)
- China (5.6K tons)
- Malaysia (1.1K tons)
- Indonesia (1.0K tons)
Exports of Prepared Additives for Cements in the Philippines
In 2022, prepared additives for cements exports from the Philippines skyrocketed to 1.7K tons, surging by 580% on the year before. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 681% against the previous year. As a result, the exports reached the peak of 1.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, prepared additives for cements exports surged to $2.3M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Prepared Additives for Cements in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 1.7 | 503 | 285 | 2,173 | 985.3% |
Indonesia | 102 | N/A | N/A | 12.3 | -50.6% |
South Korea | N/A | 84.9 | N/A | N/A | 0% |
Japan | N/A | 53.9 | N/A | N/A | 0% |
Belgium | N/A | 14.1 | N/A | N/A | 0% |
Taiwan (Chinese) | N/A | 104 | N/A | N/A | 0% |
Others | 263 | 104 | 5.7 | 99.1 | -27.8% |
Total | 367 | 863 | 291 | 2,285 | 84.0% |
Top Export Markets for Prepared Additives for Cements from the Philippines in 2022:
- Vietnam (1672.7 tons)
- Indonesia (7.0 tons)
This report provides an in-depth analysis of the market for prepared additives for cements 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 20595750 - Prepared additives for cements, mortars or concretes
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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