Philippines - Diethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDiethanolamine Price in the Philippines - 2023
Contents:
- Diethanolamine Price in the Philippines (CIF) - 2023
- Diethanolamine Price in the Philippines (FOB) - 2023
- Diethanolamine Imports in the Philippines
- Diethanolamine Exports in the Philippines
Diethanolamine Price in the Philippines (CIF) - 2023
The average diethanolamine import price stood at $1,592 per ton in June 2023, increasing by 23% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Malaysia.
From June 2022 to June 2023, the rate of growth in terms of prices for Malaysia amounted to -0.5% per month.
Diethanolamine Price in the Philippines (FOB) - 2023
In June 2023, the average diethanolamine export price amounted to $1,455 per ton, almost unchanged from the previous month. Overall, the export price recorded a noticeable slump. The growth pace was the most rapid in November 2022 an increase of 18% month-to-month. The export price peaked at $2,099 per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In June 2023, the country with the highest price was Japan ($1,488 per ton), while the average price for exports to Thailand amounted to $1,300 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (0.0%).
Diethanolamine Imports in the Philippines
Diethanolamine imports into the Philippines skyrocketed to 1.7K tons in 2022, growing by 30% against the previous year's figure. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, diethanolamine imports surged to $2.3M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Diethanolamine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 583 | 742 | 681 | 1,074 | 22.6% |
| Saudi Arabia | 288 | 185 | 425 | 751 | 37.6% |
| Thailand | 158 | 257 | 422 | 380 | 34.0% |
| Singapore | 85.9 | N/A | 1.8 | 15.5 | -43.5% |
| Others | 172 | 179 | 28.0 | 40.7 | -38.1% |
| Total | 1,287 | 1,362 | 1,558 | 2,261 | 20.7% |
Top Suppliers of Diethanolamine to the Philippines in 2022:
- Malaysia (792.5 tons)
- Saudi Arabia (575.3 tons)
- Thailand (281.6 tons)
- Singapore (32.4 tons)
Diethanolamine Exports in the Philippines
In 2022, approx. 1.2K tons of diethanolamine and its salts were exported from the Philippines; picking up by 32% compared with 2021. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, diethanolamine exports skyrocketed to $2.2M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 62%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Diethanolamine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 996 | 844 | 1,436 | 2,120 | 28.6% |
| Singapore | N/A | 25.5 | N/A | 33.5 | 14.6% |
| Thailand | 78.4 | 52.1 | 73.6 | N/A | -3.1% |
| Others | N/A | 11.6 | 6.1 | 77.3 | 158.1% |
| Total | 1,074 | 934 | 1,516 | 2,231 | 27.6% |
Top Export Markets for Diethanolamine from the Philippines in 2022:
- Japan (1100.8 tons)
- Singapore (17.3 tons)
This report provides an in-depth analysis of the diethanolamine 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 20144235 - Diethanolamine and its salts
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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