Report Update: Dec 1, 2023

Philippines - Calcium Carbonate - Market Analysis, Forecast, Size, Trends And Insights

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Calcium Carbonate Price in the Philippines - 2023

Name: Calcium Carbonate Price in the Philippines - 2023
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Calcium Carbonate Price the Philippines, IndexBox, market research, global market, publisher

Calcium Carbonate Price in the Philippines (CIF) - 2022

In 2022, the average calcium carbonate import price amounted to $276 per ton, with an increase of 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2014 an increase of 20% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($574 per ton), while the price for Vietnam ($189 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) (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Calcium Carbonate Price in the Philippines (FOB) - 2022

In 2022, the average calcium carbonate export price amounted to $1,511 per ton, picking up by 51% against the previous year. Over the period under review, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 157% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($99,740 per ton), while the average price for exports to Indonesia ($433 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 Canada (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Calcium Carbonate Imports in the Philippines

In 2022, calcium carbonate imports into the Philippines dropped significantly to 38K tons, with a decrease of -27.8% against the previous year's figure. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports reached the peak of 53K tons, and then dropped dramatically in the following year.

In value terms, calcium carbonate imports shrank sharply to $11M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $13M, and then declined significantly in the following year.

Import of Calcium Carbonate in the Philippines (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	2.4	2.9	4.0	4.6	24.2%
China	2.4	2.0	2.3	3.1	8.9%
Malaysia	1.5	0.7	1.1	1.0	-12.6%
Japan	0.6	0.8	0.9	0.6	0.0%
India	0.1	0.1	0.1	0.5	71.0%
Hong Kong SAR	1.3	0.9	0.8	0.4	-32.5%
Taiwan (Chinese)	0.3	0.2	0.3	0.2	-12.6%
Turkey	0.4	0.4	0.5	0.1	-37.0%
Indonesia	0.3	0.4	0.5	N/A	29.1%
Others	0.9	1.3	2.1	0.1	-51.9%
Total	10.2	9.7	12.6	10.6	1.3%

Top Suppliers of Calcium Carbonate to the Philippines in 2022:

Indonesia (undefinedK tons)
Vietnam (24.4K tons)
China (15.1K tons)
Malaysia (4.6K tons)
Hong Kong SAR (1.9K tons)
Japan (1.1K tons)
Taiwan (Chinese) (1.0K tons)
India (0.9K tons)
Turkey (0.6K tons)

Calcium Carbonate Exports in the Philippines

In 2022, overseas shipments of calcium carbonate were finally on the rise to reach 12 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous decline.

In value terms, calcium carbonate exports surged to $19K in 2022. Over the period under review, exports, however, recorded a significant contraction.

Export of Calcium Carbonate in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Colombia	N/A	N/A	N/A	5.0	0%
Canada	N/A	2.4	N/A	0.6	-50.0%
Indonesia	N/A	N/A	N/A	0.5	0%
Thailand	N/A	16.8	N/A	N/A	0%
India	18.3	N/A	N/A	N/A	0%
Netherlands	N/A	2.9	8.6	N/A	196.6%
Others	26.6	5.3	1.4	12.7	-21.8%
Total	44.9	27.4	10.0	18.7	-25.3%

Top Export Markets for Calcium Carbonate from the Philippines in 2022:

Indonesia (1.2 tons)
Canada (0.4 tons)
Colombia (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the calcium carbonate 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 20134340 - Calcium carbonate

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. 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 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
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 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
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, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022