Philippines - Acid And Mordant Dyes And Preparations Based Thereon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Acid and Mordant Dye in the Philippines - 2023
Contents:
- Price for Acid and Mordant Dye in the Philippines (CIF) - 2023
- Price for Acid and Mordant Dye in the Philippines (FOB) - 2022
- Imports of Acid and Mordant Dye in the Philippines
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,356 | 1,243 | 1,513 | 1,499 | 3.4% |
India | 1,247 | 636 | 1,369 | 1,357 | 2.9% |
Singapore | 14.4 | 114 | 352 | 348 | 189.1% |
Taiwan (Chinese) | 719 | 106 | 95.2 | 299 | -25.4% |
South Korea | 129 | 132 | 257 | 255 | 25.5% |
Thailand | 68.1 | 62.2 | 68.6 | 68.0 | -0.0% |
Others | 370 | 823 | 1,186 | 929 | 35.9% |
Total | 3,904 | 3,116 | 4,841 | 4,755 | 6.8% |
Top Suppliers of Acid and Mordant Dye to the Philippines in 2022:
- India (170.8 tons)
- United States (109.1 tons)
- Singapore (46.2 tons)
- Taiwan (Chinese) (38.9 tons)
- South Korea (22.8 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 486 | 177 | 233 | 93.1 | -42.4% |
Indonesia | 397 | 341 | 128 | 89.0 | -39.3% |
Sri Lanka | 50.8 | 21.5 | 31.6 | 10.8 | -40.3% |
India | 32.9 | 47.6 | 2.9 | 8.5 | -36.3% |
Thailand | 307 | N/A | 4.1 | N/A | -88.4% |
Others | 28.6 | 8.5 | 45.1 | 2.7 | -54.5% |
Total | 1,303 | 596 | 445 | 204 | -46.1% |
Top Export Markets for Acid and Mordant Dye from the Philippines in 2022:
- Singapore (13.7 tons)
- Indonesia (4.8 tons)
- Sri Lanka (0.4 tons)
- India (0.4 tons)
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:
- 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
-
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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