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

Philippines - Ethers - Market Analysis, Forecast, Size, Trends and Insights

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Ether Price in the Philippines - 2023

Contents:

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

Ether Price in the Philippines (CIF) - 2022

In 2022, the average ether import price amounted to $2,162 per ton, growing by 20% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ether import price increased by +44.0% against 2018 indices. The pace of growth was the most pronounced in 2017 an increase of 29% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Japan ($4,294 per ton), while the price for Thailand ($1,068 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Ether Price in the Philippines (FOB) - 2022

The average ether export price stood at $3,986 per ton in 2022, rising by 2,651% against the previous year. Overall, the export price enjoyed a noticeable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($4,270 per ton), while the average price for exports to China ($2,767 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 Thailand (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ether Imports in the Philippines

In 2022, the amount of ethers imported into the Philippines contracted to 19K tons, waning by -8.2% compared with 2021. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of 20K tons, and then declined in the following year.

In value terms, ether imports rose rapidly to $40M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +85.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 68% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Ether in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.45.28.412.431.9%
Malaysia5.12.56.37.312.7%
Japan4.94.75.94.8-0.7%
China2.72.92.44.316.8%
Thailand2.22.13.53.010.9%
Saudi Arabia0.50.22.12.468.7%
Taiwan (Chinese)0.40.31.61.865.1%
Singapore2.82.04.21.8-13.7%
South Korea0.30.40.31.363.0%
Others1.71.51.81.5-4.1%
Total25.821.836.640.416.1%

Top Suppliers of Ether to the Philippines in 2022:

  1. Malaysia (4.2K tons)
  2. United States (3.4K tons)
  3. Thailand (2.8K tons)
  4. China (1.8K tons)
  5. Taiwan (Chinese) (1.6K tons)
  6. Singapore (1.5K tons)
  7. Japan (1.1K tons)
  8. Saudi Arabia (1.0K tons)
  9. South Korea (0.8K tons)

Ether Exports in the Philippines

In 2022, approx. 191 tons of ethers were exported from the Philippines; growing by 8% compared with the previous year. In general, exports, however, showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 1,012% against the previous year.

In value terms, ether exports surged to $763K in 2022. Over the period under review, exports, however, continue to indicate a dramatic descent.

Export of Ether in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,350N/A18.3440-31.2%
South Korea286N/AN/A152-19.0%
Malaysia3232.6N/A85.5-35.8%
China53.69.03.031.4-16.3%
QatarN/AN/A3.5N/A0%
Others95.740.80.953.1-17.8%
Total2,10852.325.7763-28.7%

Top Export Markets for Ether from the Philippines in 2022:

  1. Japan (120.6 tons)
  2. South Korea (37.0 tons)
  3. Malaysia (20.0 tons)
  4. China (11.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ether 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 20146310 - Acyclic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
  • Prodcom 20146323 - Cyclanic, cyclenic or cycloterpenic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
  • Prodcom 20146325 - Aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
  • Prodcom 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)
  • Prodcom 20146339 - Ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-Oxydiethanol)
  • Prodcom 20146350 - Ether-phenols, ether-alcohol-phenols and their halogenated, s ulphonated, nitrated or nitrosated derivatives
  • Prodcom 20146360 - Alcohol, ether and ketone peroxides and their halogenated, s ulphonated, nitrated or nitrosated derivatives

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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