Philippines - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in the Philippines - 2023
Contents:
- Mineral Wool Price in the Philippines (FOB) - 2022
- Mineral Wool Price in the Philippines (CIF) - 2022
- Mineral Wool Exports in the Philippines
- Mineral Wool Imports in the Philippines
Mineral Wool Price in the Philippines (FOB) - 2022
In 2022, the average mineral wool export price amounted to $1,744 per ton, growing by 11% against the previous year. In general, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11%. Over the period under review, the average export prices attained the maximum at $7,157 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,744 per ton), while the average price for exports to Afghanistan totaled $1,744 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+10.9%).
Mineral Wool Price in the Philippines (CIF) - 2022
In 2022, the average mineral wool import price amounted to $1,737 per ton, rising by 26% against the previous year. Overall, the import price recorded strong growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 47%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($1,737 per ton) and Taiwan (Chinese) ($1,737 per ton), while the price for China ($1,737 per ton) and France ($1,737 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mineral Wool Exports in the Philippines
In 2022, overseas shipments of slag wool, rock wool and similar mineral wools and mixtures decreased by -19.6% to 9.8K tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 88%. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, mineral wool exports declined to $17M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year.
Export of Mineral Wool in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 10.5 | 19.1 | 19.3 | 17.1 | 17.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 10.5 | 19.1 | 19.3 | 17.2 | 17.9% |
Top Export Markets for Mineral Wool from the Philippines in 2022:
- Japan (9.8K tons)
Mineral Wool Imports in the Philippines
In 2022, mineral wool imports into the Philippines fell to 5.5K tons, waning by -3.1% against the previous year's figure. In general, imports faced a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, mineral wool imports surged to $9.5M in 2022. Over the period under review, imports continue to indicate a abrupt descent.
Import of Mineral Wool in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8,500 | 5,636 | 6,290 | 7,976 | -2.1% |
Taiwan (Chinese) | 9.7 | 12.9 | 9.3 | 346 | 229.2% |
Germany | 1.2 | 39.9 | 216 | 338 | 555.5% |
Japan | 226 | 66.4 | 120 | 248 | 3.1% |
Indonesia | 193 | 54.3 | 285 | 229 | 5.9% |
France | 43.0 | 9.0 | 26.8 | 217 | 71.5% |
Malaysia | 236 | 230 | 378 | 109 | -22.7% |
India | 765 | 15.3 | 136 | 1.0 | -89.1% |
Singapore | 217 | 430 | 66.0 | N/A | -44.9% |
Italy | 928 | N/A | N/A | N/A | 0% |
Others | 246 | 130 | 317 | 84.2 | -30.0% |
Total | 11,366 | 6,624 | 7,844 | 9,549 | -5.6% |
Top Suppliers of Mineral Wool to the Philippines in 2022:
- Singapore (undefined tons)
- China (4590.9 tons)
- Taiwan (Chinese) (199.3 tons)
- Germany (194.8 tons)
- Japan (142.5 tons)
- Indonesia (131.9 tons)
- France (124.9 tons)
- Malaysia (62.6 tons)
- India (0.6 tons)
This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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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For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...