Philippines - Pure Polyvinyl Chloride in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Pure Polyvinyl Chloride in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Pure Polyvinyl Chloride in Primary Forms in the Philippines - 2023

Contents:

  1. Price for Pure Polyvinyl Chloride in Primary Forms in the Philippines (FOB) - 2023
  2. Price for Pure Polyvinyl Chloride in Primary Forms in the Philippines (CIF) - 2022
  3. Exports of Pure Polyvinyl Chloride in Primary Forms in the Philippines
  4. Imports of Pure Polyvinyl Chloride in Primary Forms in the Philippines

Price for Pure Polyvinyl Chloride in Primary Forms in the Philippines (FOB) - 2023

In September 2023, the average export price for pure polyvinyl chloride in primary forms amounted to $886 per ton, surging by 13% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 118% against the previous month. As a result, the export price attained the peak level of $1,611 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($2,003 per ton), while the average price for exports to Vietnam amounted to $857 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-0.2%), while the prices for the other major destinations experienced a decline.

Price for Pure Polyvinyl Chloride in Primary Forms in the Philippines (CIF) - 2022

In 2022, the average import price for pure polyvinyl chloride in primary forms amounted to $1,357 per ton, declining by -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 an increase of 45% against the previous year. As a result, import price attained the peak level of $1,394 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,812 per ton), while the price for Thailand ($1,162 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Pure Polyvinyl Chloride in Primary Forms in the Philippines

In 2022, shipments abroad of pure polyvinyl chloride in primary forms decreased by -31.3% to 30K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 477%.

In value terms, exports of pure polyvinyl chloride in primary forms contracted rapidly to $34M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 667%.

Export of Pure Polyvinyl Chloride in Primary Forms in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1.84.933.526.3144.5%
Indonesia0.2N/AN/A2.5132.1%
Malaysia1.05.85.82.230.1%
ChinaN/A12.41.92.0-59.8%
Thailand0.10.71.00.791.3%
Sri LankaN/AN/A1.8N/A0%
IndiaN/AN/A13.2N/A0%
OthersN/AN/A2.40.3-87.5%
Total3.123.959.634.0122.2%

Top Export Markets for Pure Polyvinyl Chloride in Primary Forms from the Philippines in 2022:

  1. Vietnam (23.0K tons)
  2. Indonesia (2.6K tons)
  3. Malaysia (2.0K tons)
  4. China (1.5K tons)
  5. Thailand (0.5K tons)

Imports of Pure Polyvinyl Chloride in Primary Forms in the Philippines

In 2022, imports of pure polyvinyl chloride in primary forms into the Philippines declined to 15K tons, shrinking by -8.7% on 2021 figures. In general, imports faced a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 11%.

In value terms, imports of pure polyvinyl chloride in primary forms reduced to $21M in 2022. Over the period under review, imports faced a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year.

Import of Pure Polyvinyl Chloride in Primary Forms in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand19.35.48.810.1-19.4%
Taiwan (Chinese)3.00.82.33.33.2%
Indonesia7.51.82.41.9-36.7%
China1.72.13.41.81.9%
Japan11.63.04.81.8-46.3%
United States0.91.31.31.16.9%
South Korea0.30.30.40.410.1%
Others0.90.10.10.5-17.8%
Total45.114.823.621.0-22.5%

Top Suppliers of Pure Polyvinyl Chloride in Primary Forms to the Philippines in 2022:

  1. Thailand (8.7K tons)
  2. Taiwan (Chinese) (1.8K tons)
  3. Indonesia (1.6K tons)
  4. Japan (1.2K tons)
  5. China (1.0K tons)
  6. United States (0.7K tons)
  7. South Korea (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pure polyvinyl chloride in primary forms 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 20163010 - Polyvinyl chloride, not mixed with any other substances, in primary forms

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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