Philippines - Inorganic Fungicides, Bactericides And Seed Treatments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFungicide and Bactericide Price in the Philippines - 2023
Contents:
- Fungicide and Bactericide Price in the Philippines (CIF) - 2023
- Fungicide and Bactericide Price in the Philippines (FOB) - 2022
- Fungicide and Bactericide Imports in the Philippines
- Fungicide and Bactericide Exports in the Philippines
Fungicide and Bactericide Price in the Philippines (CIF) - 2023
In June 2023, the average fungicide and bactericide import price amounted to $6,215 per ton, declining by -1.9% against the previous month. Over the period under review, import price indicated perceptible growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, fungicide and bactericide import price increased by +19.2% against January 2023 indices. The pace of growth was the most pronounced in October 2022 an increase of 28% month-to-month. The import price peaked at $6,338 per ton in May 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($30,355 per ton), while the price for Vietnam ($1,989 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Fungicide and Bactericide Price in the Philippines (FOB) - 2022
In July 2022, the average fungicide and bactericide export price amounted to $11,034 per ton, reducing by -77.9% against the previous month. In general, the export price recorded a abrupt contraction. As a result, the export price attained the peak level of $132K per ton. From August 2021 to July 2022, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From July 2021 to July 2022, the rate of growth in terms of prices for Belgium amounted to 0.0% per month.
Fungicide and Bactericide Imports in the Philippines
In 2022, fungicide and bactericide imports into the Philippines declined markedly to 26K tons, with a decrease of -33.2% on 2021 figures. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
In value terms, fungicide and bactericide imports contracted significantly to $117M in 2022. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 2.2% against the previous year.
| Import of Fungicide and Bactericide in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.8 | 8.7 | 11.8 | 29.1 | 43.7% |
| Spain | 3.8 | 2.6 | 2.3 | 14.6 | 56.6% |
| China | 12.6 | 8.8 | 8.3 | 11.8 | -2.2% |
| Indonesia | 11.3 | 10.7 | 6.2 | 7.2 | -13.9% |
| Colombia | 3.7 | 3.4 | 2.3 | 7.0 | 23.7% |
| Germany | 4.3 | 3.2 | 3.8 | 6.0 | 11.7% |
| South Korea | 1.3 | 2.1 | 4.5 | 5.6 | 62.7% |
| Thailand | 10.5 | 8.7 | 7.0 | 5.6 | -18.9% |
| Japan | 1.0 | 2.5 | 5.1 | 5.2 | 73.2% |
| Costa Rica | N/A | 2.7 | 0.4 | 4.2 | 24.7% |
| Belgium | 2.6 | 1.9 | 1.3 | 2.6 | 0.0% |
| France | 1.0 | 1.9 | 2.2 | 2.0 | 26.0% |
| Malaysia | N/A | 0.2 | 0.4 | 1.1 | 134.5% |
| Others | 105 | 97.1 | 102 | 14.6 | -48.2% |
| Total | 167 | 154 | 158 | 117 | -11.2% |
Top Suppliers of Fungicide and Bactericide to the Philippines in 2022:
- India (8.6K tons)
- Colombia (3.6K tons)
- China (3.3K tons)
- Spain (2.1K tons)
- Costa Rica (1.3K tons)
- Indonesia (1.1K tons)
- Japan (1.0K tons)
- Belgium (0.8K tons)
- Germany (0.6K tons)
- South Korea (0.6K tons)
- Malaysia (0.5K tons)
- France (0.4K tons)
- Thailand (0.2K tons)
Fungicide and Bactericide Exports in the Philippines
In 2022, after three years of growth, there was significant decline in overseas shipments of fungicides, bactericides and seed treatments, when their volume decreased by -6.8% to 32 tons. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 110%. As a result, the exports reached the peak of 34 tons, and then shrank in the following year.
In value terms, fungicide and bactericide exports shrank sharply to $350K in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 171%. As a result, the exports attained the peak of $577K, and then declined markedly in the following year.
| Export of Fungicide and Bactericide in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 350 | 0% |
| South Korea | N/A | N/A | 19.9 | N/A | 0% |
| India | N/A | N/A | 204 | N/A | 0% |
| Indonesia | 62.5 | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | 38.0 | N/A | 0% |
| Australia | N/A | 106 | N/A | N/A | 0% |
| Pakistan | N/A | N/A | 26.7 | N/A | 0% |
| Others | 62.5 | 107 | 288 | 0.1 | -88.3% |
| Total | 125 | 213 | 577 | 350 | 40.9% |
Top Export Markets for Fungicide and Bactericide from the Philippines in 2022:
- Belgium (31.7 tons)
This report provides an in-depth analysis of the fungicide and bactericide 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 20201515 - Inorganic fungicides, bactericides and seed treatments, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201530 - Fungicides, bactericides and seed treatments based on dithiocarbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201545 - Fungicides, bactericides and seed treatments based on benzimidazoles, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201560 - Fungicides, bactericides and seed treatment based on triazoles or diazoles, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201575 - Fungicides, bactericides and seed treatments based on diazines or morpholines, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201590 - Other fungicides, bactericides and seeds treatments (ex: Captan,...)
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- 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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