Philippines - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Drier Price in the Philippines - 2023
Contents:
Prepared Drier Price in the Philippines (CIF) - 2023
The average prepared drier import price stood at $4,581 per ton in May 2023, reducing by -8.7% against the previous month. Over the period under review, the import price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 33% m-o-m. As a result, import price attained the peak level of $6,519 per ton. From December 2022 to May 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was the United Arab Emirates ($4,694 per ton), while the price for China ($3,136 per ton) was amongst the lowest.
From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.3%), while the prices for the other major suppliers experienced a decline.
Prepared Drier Imports in the Philippines
In 2022, imports of prepared driers into the Philippines shrank remarkably to 451 tons, falling by -39.1% compared with 2021 figures. In general, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 99%. As a result, imports reached the peak of 742 tons, and then declined dramatically in the following year.
In value terms, prepared drier imports contracted remarkably to $2.7M in 2022. Over the period under review, imports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when imports increased by 153%. As a result, imports reached the peak of $3.4M, and then plummeted in the following year.
| Import of Prepared Drier in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 972 | 374 | 949 | 1,308 | 10.4% |
| Thailand | 648 | 449 | 1,481 | 720 | 3.6% |
| India | 579 | 151 | 417 | 555 | -1.4% |
| China | 5.3 | 3.1 | 1.8 | 27.6 | 73.3% |
| Brazil | 20.8 | 6.9 | 34.6 | 23.6 | 4.3% |
| South Korea | 0.6 | 0.8 | 6.8 | 13.3 | 180.9% |
| Spain | 149 | 113 | 134 | N/A | -5.2% |
| Germany | 312 | 123 | 181 | N/A | -23.8% |
| Turkey | 23.7 | 31.1 | 53.3 | N/A | 50.0% |
| Others | 296 | 96.5 | 155 | 8.6 | -69.3% |
| Total | 3,005 | 1,349 | 3,413 | 2,657 | -4.0% |
Top Suppliers of Prepared Drier to the Philippines in 2022:
- Germany (undefined tons)
- United Arab Emirates (250.7 tons)
- India (89.7 tons)
- Thailand (81.0 tons)
- Brazil (13.5 tons)
- China (8.5 tons)
- South Korea (7.2 tons)
This report provides an in-depth analysis of the prepared drier 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 20302220 - Prepared driers
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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