Philippines: Market for Non-Kaolinitic Clays for Constructional and Industrial Use 2024

Market Size for Non-Kaolinitic Clays for Constructional and Industrial Use in the Philippines

The Philippine market for non-kaolinitic clays for constructional and industrial use contracted notably to $X in 2022, falling by X% against the previous year. Overall, consumption, however, saw a drastic downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Non-Kaolinitic Clays for Constructional and Industrial Use in the Philippines

In value terms, production of non-kaolinitic clays for constructional and industrial use shrank slightly to $X in 2022 estimated in export price. In general, production showed a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Non-Kaolinitic Clays for Constructional and Industrial Use

Exports from the Philippines

In 2022, approx. X tons of non-kaolinitic clays for constructional and industrial use were exported from the Philippines; picking up by X% on 2021. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-kaolinitic clays for constructional and industrial use contracted markedly to $X in 2022. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for exports of non-kaolinitic clays for constructional and industrial use from the Philippines, with a X% share of total exports. Moreover, exports of non-kaolinitic clays for constructional and industrial use to South Korea exceeded the volume sent to the second major destination, Thailand (X tons), more than tenfold. The third position in this ranking was held by Singapore (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Singapore (X% per year).

In value terms, South Korea ($X) emerged as the key foreign market for non-kaolinitic clays for constructional and industrial use exports from the Philippines, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

The average export price for non-kaolinitic clays for constructional and industrial use stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed slight growth. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Kaolinitic Clays for Constructional and Industrial Use

Imports into the Philippines

In 2022, imports of non-kaolinitic clays for constructional and industrial use into the Philippines surged to X tons, with an increase of X% on the year before. Over the period under review, imports saw a noticeable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-kaolinitic clays for constructional and industrial use soared to $X in 2022. Overall, imports continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-kaolinitic clays for constructional and industrial use to the Philippines, accounting for a X% share of total imports. Moreover, imports of non-kaolinitic clays for constructional and industrial use from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Thailand (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of non-kaolinitic clays for constructional and industrial use to the Philippines, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

Import Prices by Country

The average import price for non-kaolinitic clays for constructional and industrial use stood at $X per ton in 2022, jumping by X% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for non-kaolinitic clays for constructional and industrial use increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($X per ton) and Brazil ($X per ton), while the price for India ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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