Philippines - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Isoprene Rubber (IR) in Primary Form in the Philippines - 2023

Contents:

  1. Price for Isoprene Rubber (IR) in Primary Form in the Philippines (CIF) - 2022
  2. Price for Isoprene Rubber (IR) in Primary Form in the Philippines (FOB) - 2022
  3. Imports of Isoprene Rubber (IR) in Primary Form in the Philippines
  4. Exports of Isoprene Rubber (IR) in Primary Form in the Philippines

Price for Isoprene Rubber (IR) in Primary Form in the Philippines (CIF) - 2022

The average import price for isoprene rubber (IR) in primary forms stood at $6,575 per ton in 2022, growing by 11% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 84% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Denmark ($31,643 per ton), while the price for Taiwan (Chinese) ($4,862 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Isoprene Rubber (IR) in Primary Form in the Philippines (FOB) - 2022

The Philippines has no trade partners to describe.

Imports of Isoprene Rubber (IR) in Primary Form in the Philippines

Imports of isoprene rubber (IR) in primary forms into the Philippines skyrocketed to 31 tons in 2022, surging by 102% on the year before. In general, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of isoprene rubber (IR) in primary forms skyrocketed to $204K in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 267%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Isoprene Rubber (IR) in Primary Form in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)28.52.812.398.050.9%
India13.74.213.339.242.0%
Denmark0.40.10.436.1348.6%
Japan2.31.57.327.5128.7%
Germany1.60.41.22.820.5%
Thailand10.13.09.3N/A-4.0%
Sweden7.02.48.7N/A11.5%
Malaysia0.80.20.7N/A-6.5%
United States9.75.313.0N/A15.8%
Others8.34.724.30.1-77.1%
Total82.424.790.520435.3%

Top Suppliers of Isoprene Rubber (IR) in Primary Form to the Philippines in 2022:

  1. Taiwan (Chinese) (20.2 tons)
  2. India (4.6 tons)
  3. Japan (4.6 tons)
  4. Denmark (1.1 tons)
  5. Germany (0.5 tons)

Exports of Isoprene Rubber (IR) in Primary Form in the Philippines

Exports of isoprene rubber (IR) in primary forms from the Philippines amounted to 4.9 tons in 2021, standing approx. at the year before. In general, exports faced a precipitous curtailment. The smallest decline of 99.9% was in 2020.

In value terms, exports of isoprene rubber (IR) in primary forms totaled $5.8K in 2021. Overall, exports showed a dramatic descent. The smallest decline of 99.9% was in 2020.

Export of Isoprene Rubber (IR) in Primary Form in the Philippines (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Malaysia90.9N/AN/A0%
OthersN/AN/A5.80%
Total90.9N/A5.8-74.7%

Top Export Markets for Isoprene Rubber (IR) in Primary Form from the Philippines in 2022:

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:

      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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