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Philippines - Maltodextrine And Maltodextine Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaltodextrine Price in the Philippines - 2023
Contents:
- Maltodextrine Price in the Philippines (CIF) - 2023
- Maltodextrine Price in the Philippines (FOB) - 2022
- Maltodextrine Imports in the Philippines
- Maltodextrine Exports in the Philippines
Maltodextrine Price in the Philippines (CIF) - 2023
In July 2023, the average maltodextrine import price amounted to $865 per ton, surging by 2.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 18% m-o-m. The import price peaked at $911 per ton in October 2022; however, from November 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Finland ($2,043 per ton), while the price for Thailand ($524 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Finland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Maltodextrine Price in the Philippines (FOB) - 2022
The average maltodextrine export price stood at $2,990 per ton in 2022, growing by 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 an increase of 33% against the previous year. Over the period under review, the average export prices reached the maximum at $3,304 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
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 France ($4,861 per ton), while the average price for exports to South Korea ($1,858 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 Malaysia (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Maltodextrine Imports in the Philippines
In 2022, overseas purchases of maltodextrine and maltodextine syrup increased by 15% to 90K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, maltodextrine imports expanded significantly to $64M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Maltodextrine in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 35.9 | 31.4 | 31.5 | 36.0 | 0.1% |
Malaysia | 4.7 | 6.9 | 6.8 | 7.6 | 17.4% |
Thailand | 5.5 | 5.5 | 6.2 | 6.9 | 7.9% |
United States | 3.5 | 2.3 | 3.2 | 3.6 | 0.9% |
South Korea | 0.2 | 0.1 | 1.4 | 1.6 | 100.0% |
India | 0.1 | 0.1 | 0.9 | 1.0 | 115.4% |
Others | 5.5 | 4.2 | 6.0 | 7.6 | 11.4% |
Total | 55.3 | 50.5 | 56.1 | 64.2 | 5.1% |
Top Suppliers of Maltodextrine to the Philippines in 2022:
- China (55.4K tons)
- Thailand (16.6K tons)
- Malaysia (7.9K tons)
- South Korea (2.8K tons)
- United States (2.4K tons)
- India (1.6K tons)
Maltodextrine Exports in the Philippines
In 2022, overseas shipments of maltodextrine and maltodextine syrup decreased by -1.3% to 839 tons, falling for the second year in a row after two years of growth. In general, exports recorded a perceptible slump. The pace of growth was the most pronounced in 2020 when exports increased by 3% against the previous year. As a result, the exports reached the peak of 960 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, maltodextrine exports expanded rapidly to $2.5M in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 7.7% against the previous year. As a result, the exports attained the peak of $3.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Maltodextrine in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.3 | 5.5 | 736 | 645 | 1190.7% |
United States | 1,178 | 519 | 364 | 596 | -20.3% |
Sri Lanka | 470 | 373 | 192 | 299 | -14.0% |
United Kingdom | 282 | 178 | 125 | 169 | -15.7% |
Germany | 184 | 276 | 100 | 162 | -4.2% |
Japan | 64.5 | 160 | 129 | 113 | 20.6% |
France | 60.9 | 113 | 97.9 | 85.8 | 12.1% |
Netherlands | 115 | 144 | 38.1 | 85.8 | -9.3% |
Italy | 14.3 | 152 | 81.9 | 71.5 | 71.0% |
New Zealand | 130 | 35.5 | 18.9 | 53.3 | -25.7% |
Australia | 114 | 12.9 | 9.1 | 39.4 | -29.8% |
South Korea | 57.9 | 42.1 | 35.1 | 39.0 | -12.3% |
Vietnam | N/A | 752 | 32.5 | N/A | -95.7% |
Others | 274 | 409 | 410 | 151 | -18.0% |
Total | 2,945 | 3,173 | 2,370 | 2,509 | -5.2% |
Top Export Markets for Maltodextrine from the Philippines in 2022:
- China (293.6 tons)
- United States (152.2 tons)
- Sri Lanka (130.8 tons)
- Germany (47.4 tons)
- United Kingdom (35.3 tons)
- Netherlands (25.6 tons)
- Japan (23.3 tons)
- South Korea (21.0 tons)
- Italy (20.6 tons)
- France (17.7 tons)
- Australia (14.7 tons)
- New Zealand (14.7 tons)
This report provides an in-depth analysis of the maltodextrine 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 10621330 - Maltodextrine and maltodextine syrup (excluding with added flavouring or colouring matter)
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.
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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
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