Philippines - Mixed Alkylbenzenes, Mixed Alkylnaphthalenes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Philippines - Mixed Alkylbenzenes, Mixed Alkylnaphthalenes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines - 2023

Contents:

  1. Price for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines (CIF) - 2023
  2. Price for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines (FOB) - 2022
  3. Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines
  4. Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines

Price for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines (CIF) - 2023

In June 2023, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $1,594 per ton, declining by -4.2% against the previous month. In general, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 5% m-o-m. The import price peaked at $2,030 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was China ($1,670 per ton), while the price for Taiwan (Chinese) ($1,504 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 Taiwan (Chinese) (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines (FOB) - 2022

In 2022, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $1,860 per ton, growing by 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $2,565 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +2.1% per year.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines

For the fourth consecutive year, the Philippines recorded growth in purchases abroad of mixed alkylbenzenes, mixed alkylnaphthalenes, which increased by 18% to 55K tons in 2022. The total import volume increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports skyrocketed to $101M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.38.99.253.379.0%
Taiwan (Chinese)6.67.19.628.963.6%
South Korea8.58.019.218.529.6%
India21.124.331.4N/A22.0%
Others1.31.31.40.3-38.7%
Total46.849.770.810129.2%

Top Suppliers of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes to the Philippines in 2022:

  1. China (28.3K tons)
  2. Taiwan (Chinese) (16.7K tons)
  3. South Korea (9.9K tons)

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines

In 2022, overseas shipments of mixed alkylbenzenes, mixed alkylnaphthalenes were finally on the rise to reach 36 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a noticeable reduction.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports totaled $67K in 2022. Over the period under review, exports, however, recorded a abrupt decline.

Export of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore80.871.463.167.3-5.9%
OthersN/AN/AN/AN/A0%
Total80.871.463.167.3-5.9%

Top Export Markets for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes from the Philippines in 2022:

  1. Singapore (36.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mixed alkylbenzenes, mixed alkylnaphthalenes 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 20595670 - Mixed alkylbenzenes, mixed alkylnaphthalenes other than HS

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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Free Data: Mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading no. 2707 or 2902 - Philippines