Philippines - Amine-Function Compounds - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Philippines - Amine-Function Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Amine-Function Compounds Price in the Philippines - 2023

Contents:

  1. Amine-Function Compounds Price in the Philippines (FOB) - 2022
  2. Amine-Function Compounds Price in the Philippines (CIF) - 2022
  3. Amine-Function Compounds Exports in the Philippines
  4. Amine-Function Compounds Imports in the Philippines

Amine-Function Compounds Price in the Philippines (FOB) - 2022

The average amine-function compounds export price stood at $3,276 per ton in 2022, growing by 8.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 15%. Over the period under review, the average export prices attained the maximum at $3,437 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($3,328 per ton), while the average price for exports to South Korea ($3,027 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Amine-Function Compounds Price in the Philippines (CIF) - 2022

In 2022, the average amine-function compounds import price amounted to $2,189 per ton, jumping by 50% against the previous year. Overall, the import price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 84% against the previous year. Over the period under review, average import prices hit record highs at $2,669 per ton in 2015; however, from 2016 to 2022, 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 the United States ($9,427 per ton), while the price for India ($1,235 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Amine-Function Compounds Exports in the Philippines

For the fourth year in a row, the Philippines recorded growth in overseas shipments of amine-function compounds, which increased by 9.6% to 35K tons in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,628%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, amine-function compounds exports soared to $113M in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,563% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Amine-Function Compounds in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.45.712.789.0196.9%
South Korea0.14.54.815.7439.5%
New ZealandN/A0.50.77.0274.2%
United States0.440.130.60.931.0%
Japan0.26.79.3N/A581.9%
Others0.924.137.50.6-12.6%
Total4.981.695.6113184.6%

Top Export Markets for Amine-Function Compounds from the Philippines in 2022:

  1. India (26.7K tons)
  2. South Korea (5.2K tons)
  3. New Zealand (2.2K tons)
  4. United States (0.3K tons)

Amine-Function Compounds Imports in the Philippines

Amine-function compounds imports into the Philippines totaled 16K tons in 2022, stabilizing at the year before. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, amine-function compounds imports skyrocketed to $35M in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Amine-Function Compounds in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea4.64.49.913.844.2%
China1.83.03.04.030.5%
Japan1.81.52.73.828.3%
United States1.51.21.63.127.4%
India2.42.11.22.62.7%
Netherlands0.50.61.11.750.4%
Belgium0.60.70.61.432.6%
Taiwan (Chinese)0.60.30.50.810.1%
Others1.72.92.23.426.0%
Total15.616.822.834.630.4%

Top Suppliers of Amine-Function Compounds to the Philippines in 2022:

  1. South Korea (9.9K tons)
  2. India (2.1K tons)
  3. China (1.0K tons)
  4. Japan (1.0K tons)
  5. Netherlands (0.3K tons)
  6. Taiwan (Chinese) (0.3K tons)
  7. United States (0.3K tons)
  8. Belgium (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the amine-function compounds 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 20144113 - Methylamine, di- or trimethylamine and their salts
  • Prodcom 20144119 - Other acylic monoamines and their derivatives, salts thereof
  • Prodcom 20144123 - Hexamethylenediamine and its salts, ethylenediamine and its salts
  • Prodcom 20144129 - Other acyclic polyamines and their derivatives, salts thereof
  • Prodcom 20144130 - Cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives, salts thereof
  • Prodcom 20144151 - Aniline and its salts (excluding derivatives)
  • Prodcom 20144153 - Aniline derivatives and their salts
  • Prodcom 20144159 - Other aromatic monoamines and their derivatives, salts thereof
  • Prodcom 20144170 - Aromatic polyamines and their derivatives, salts thereof

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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