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Philippines - Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAmino-Resin Price in the Philippines - 2023
Contents:
- Amino-Resin Price in the Philippines (CIF) - 2022
- Amino-Resin Price in the Philippines (FOB) - 2022
- Amino-Resin Imports in the Philippines
- Amino-Resin Exports in the Philippines
Amino-Resin Price in the Philippines (CIF) - 2022
In 2022, the average amino-resin import price amounted to $3,053 per ton, waning by -8.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 9.3%. Over the period under review, average import prices reached the peak figure at $3,451 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5,344 per ton), while the price for Indonesia ($1,523 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Amino-Resin Price in the Philippines (FOB) - 2022
The average amino-resin export price stood at $3,851 per ton in 2022, declining by -24.6% against the previous year. Overall, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2021 an increase of 366% against the previous year. As a result, the export price attained the peak level of $5,110 per ton, and then fell sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($16,286 per ton), while the average price for exports to Japan ($3,355 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 Vietnam (+51.1%), while the prices for the other major destinations experienced more modest paces of growth.
Amino-Resin Imports in the Philippines
In 2022, approx. 30K tons of amino-resins, phenolic resins and polyurethanes (in primary forms) were imported into the Philippines; with an increase of 8% against 2021 figures. Overall, imports, however, continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year.
In value terms, amino-resin imports fell to $92M in 2022. Over the period under review, imports, however, showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
Import of Amino-Resin in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 10.5 | 9.5 | 14.1 | 18.9 | 21.6% |
Singapore | 20.8 | 21.8 | 23.4 | 17.3 | -6.0% |
Japan | 39.2 | 19.0 | 18.2 | 15.3 | -26.9% |
Malaysia | 7.9 | 8.2 | 10.0 | 10.5 | 9.9% |
South Korea | 9.5 | 7.1 | 8.0 | 9.9 | 1.4% |
Thailand | 6.4 | 3.5 | 3.6 | 4.2 | -13.1% |
Saudi Arabia | 0.3 | 0.9 | 2.1 | 2.6 | 105.4% |
Taiwan (Chinese) | 3.2 | 2.5 | 2.4 | 2.5 | -7.9% |
India | 2.7 | 2.3 | 2.5 | 1.6 | -16.0% |
Indonesia | 0.7 | 0.6 | 0.5 | 1.2 | 19.7% |
Others | 9.7 | 7.2 | 8.4 | 8.0 | -6.2% |
Total | 111 | 82.4 | 93.2 | 91.9 | -6.1% |
Top Suppliers of Amino-Resin to the Philippines in 2022:
- China (11.0K tons)
- Singapore (3.5K tons)
- South Korea (3.0K tons)
- Japan (2.9K tons)
- Malaysia (2.8K tons)
- Taiwan (Chinese) (1.3K tons)
- Saudi Arabia (1.2K tons)
- Thailand (1.2K tons)
- Indonesia (0.8K tons)
- India (0.5K tons)
Amino-Resin Exports in the Philippines
Amino-resin exports from the Philippines soared to 78 tons in 2022, rising by 164% on the previous year. Overall, exports, however, faced a deep reduction.
In value terms, amino-resin exports soared to $301K in 2022. In general, exports saw mild growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Amino-Resin in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2.5 | 55.7 | 4.1 | 221 | 345.5% |
Thailand | 5.3 | N/A | 16.8 | 62.5 | 127.6% |
Singapore | 14.2 | 79.7 | 60.6 | 12.7 | -3.7% |
Malaysia | 21.5 | 29.4 | 9.8 | 0.3 | -75.9% |
China | 53.2 | 0.1 | 0.8 | 0.1 | -87.7% |
India | 94.2 | 15.8 | N/A | N/A | -83.2% |
Indonesia | 24.7 | 3.6 | 16.3 | N/A | -18.8% |
Australia | 59.8 | N/A | N/A | N/A | 0% |
Others | 9.3 | 4.7 | 42.5 | 3.5 | -27.8% |
Total | 285 | 189 | 151 | 301 | 1.8% |
Top Export Markets for Amino-Resin from the Philippines in 2022:
- Malaysia (undefined tons)
- China (undefined tons)
- Japan (66.0 tons)
- Thailand (10.3 tons)
- Singapore (1.6 tons)
This report provides an in-depth analysis of the amino-resin market 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 20165550 - Urea resins and thiourea resins, in primary forms
- Prodcom 20165570 - Melamine resins, in primary forms
- Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
- Prodcom 20165650 - Phenolic resins, in primary forms
- Prodcom 20165670 - Polyurethanes, 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:
- 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.
-
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
This report provides an in-depth analysis of the amino-resin market in the Philippines.
This report provides an in-depth analysis of the phenolic resins market in the Philippines.
This report provides an in-depth analysis of the melamine resins market in the Philippines.
This report provides an in-depth analysis of the polyurethanes market in the Philippines.
This report provides an in-depth analysis of the market for urea and thiourea resins in the Philippines.
This report provides an in-depth analysis of the amino resin market in the Philippines.
This report provides an in-depth analysis of the global amino-resin market.
This report provides an in-depth analysis of the global phenolic resins market.
This report provides an in-depth analysis of the global melamine resins market.
This report provides an in-depth analysis of the global polyurethanes market.
The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
The global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to X million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five year
Germany dominates in the global trade of amino-resins, phenolic resins and polyurethanes. In 2014, Germany exported X million tons of amino-resins, phenolic resins and polyurethanes totaling X billion USD, X% over the previous year. Its primar
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Explore the top import markets for polyurethanes in 2023. Discover key countries driving the global demand for polyurethane products.
Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
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Explore the world's top import markets for amino resin in 2023 and discover key statistics and insights. From the Netherlands to India, these countries drive global demand for this essential material.