Philippines - Acid And Mordant Dyes And Preparations Based Thereon - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Acid And Mordant Dyes And Preparations Based Thereon - Market Analysis, Forecast, Size, Trends And Insights

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Price for Acid and Mordant Dye in the Philippines - 2023

Contents:

  1. Price for Acid and Mordant Dye in the Philippines (CIF) - 2023
  2. Price for Acid and Mordant Dye in the Philippines (FOB) - 2022
  3. Imports of Acid and Mordant Dye in the Philippines
  4. Exports of Acid and Mordant Dye in the Philippines

Price for Acid and Mordant Dye in the Philippines (CIF) - 2023

In June 2023, the average acid and mordant dye import price amounted to $9,520 per ton, dropping by -57.7% against the previous month. In general, the import price showed a noticeable descent. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 84% month-to-month. Over the period under review, average import prices reached the peak figure at $22,509 per ton in May 2023, and then declined markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($37,519 per ton), while the price for South Korea ($4,143 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 Thailand (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acid and Mordant Dye in the Philippines (FOB) - 2022

The average acid and mordant dye export price stood at $10,412 per ton in 2022, increasing by 110% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. Over the period under review, the average export prices hit record highs at $35,142 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($27,350 per ton), while the average price for exports to Singapore ($6,792 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acid and Mordant Dye in the Philippines

In 2022, acid and mordant dye imports into the Philippines dropped modestly to 417 tons, with a decrease of -2.2% against the previous year's figure. Overall, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +2.6% 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 +65.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, imports attained the peak of 427 tons, and then declined modestly in the following year.

In value terms, acid and mordant dye imports declined slightly to $4.8M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +52.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $4.8M, and then dropped in the following year.

Import of Acid and Mordant Dye in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3561,2431,5131,4993.4%
India1,2476361,3691,3572.9%
Singapore14.4114352348189.1%
Taiwan (Chinese)71910695.2299-25.4%
South Korea12913225725525.5%
Thailand68.162.268.668.0-0.0%
Others3708231,18692935.9%
Total3,9043,1164,8414,7556.8%

Top Suppliers of Acid and Mordant Dye to the Philippines in 2022:

  1. India (170.8 tons)
  2. United States (109.1 tons)
  3. Singapore (46.2 tons)
  4. Taiwan (Chinese) (38.9 tons)
  5. South Korea (22.8 tons)
  6. Thailand (13.7 tons)

Exports of Acid and Mordant Dye in the Philippines

In 2022, approx. 20 tons of acid and mordant dyes and preparations based thereon were exported from the Philippines; which is down by -78.2% compared with 2021 figures. Overall, exports faced a sharp decline. The smallest decline of -0.3% was in 2021.

In value terms, acid and mordant dye exports reduced remarkably to $204K in 2022. Over the period under review, exports faced a precipitous contraction. The smallest decline of -25.4% was in 2021.

Export of Acid and Mordant Dye in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore48617723393.1-42.4%
Indonesia39734112889.0-39.3%
Sri Lanka50.821.531.610.8-40.3%
India32.947.62.98.5-36.3%
Thailand307N/A4.1N/A-88.4%
Others28.68.545.12.7-54.5%
Total1,303596445204-46.1%

Top Export Markets for Acid and Mordant Dye from the Philippines in 2022:

  1. Singapore (13.7 tons)
  2. Indonesia (4.8 tons)
  3. Sri Lanka (0.4 tons)
  4. India (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for acid and mordant dye 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 20122120 - Acid and mordant dyes and preparations based thereon

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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