Philippines - Polyvinyl Chloride in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolyvinyl Chloride Price in the Philippines - 2023
Contents:
- Polyvinyl Chloride Price in the Philippines (FOB) - 2022
- Polyvinyl Chloride Price in the Philippines (CIF) - 2023
- Polyvinyl Chloride Exports in the Philippines
- Polyvinyl Chloride Imports in the Philippines
Polyvinyl Chloride Price in the Philippines (FOB) - 2022
The average polyvinyl chloride export price stood at $1,229 per ton in 2022, which is down by -12.5% against the previous year. Over the period under review, the export price saw a pronounced slump. The growth pace was the most rapid in 2017 when the average export price increased by 163% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,831 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 China ($1,704 per ton), while the average price for exports to Indonesia ($1,004 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 China (-0.7%), while the prices for the other major destinations experienced a decline.
Polyvinyl Chloride Price in the Philippines (CIF) - 2023
In June 2023, the average polyvinyl chloride import price amounted to $1,476 per ton, approximately reflecting the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 23% month-to-month. As a result, import price reached the peak level of $1,993 per ton. From October 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4,327 per ton), while the price for Thailand ($974 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 Japan (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyvinyl Chloride Exports in the Philippines
In 2022, shipments abroad of polyvinyl chloride decreased by -33.6% to 30K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 184% against the previous year.
In value terms, polyvinyl chloride exports reduced remarkably to $37M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 196% against the previous year.
Export of Polyvinyl Chloride in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 4.2 | 6.2 | 34.6 | 27.4 | 86.9% |
China | 3.0 | 14.9 | 3.5 | 3.3 | 3.2% |
Indonesia | 0.3 | N/A | N/A | 2.6 | 105.4% |
Malaysia | 1.3 | 6.3 | 6.0 | 2.3 | 20.9% |
Thailand | 0.1 | 0.9 | 1.1 | 0.7 | 91.3% |
India | 0.4 | N/A | 13.2 | N/A | 474.5% |
Others | 0.5 | 0.7 | 5.0 | 0.7 | 11.9% |
Total | 9.8 | 29.1 | 63.4 | 36.9 | 55.6% |
Top Export Markets for Polyvinyl Chloride from the Philippines in 2022:
- Vietnam (22.7K tons)
- Indonesia (2.5K tons)
- Malaysia (2.0K tons)
- China (1.9K tons)
- Thailand (0.5K tons)
Polyvinyl Chloride Imports in the Philippines
Polyvinyl chloride imports into the Philippines stood at 37K tons in 2022, almost unchanged from 2021. In general, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 31%.
In value terms, polyvinyl chloride imports reached $62M in 2022. Over the period under review, imports, however, saw a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 66%.
Import of Polyvinyl Chloride in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.4 | 10.0 | 19.3 | 22.8 | 52.7% |
Thailand | 22.0 | 7.0 | 12.2 | 12.2 | -17.8% |
Taiwan (Chinese) | 4.6 | 1.9 | 5.5 | 6.0 | 9.3% |
Singapore | 3.3 | 2.8 | 4.1 | 4.5 | 10.9% |
Japan | 14.3 | 6.4 | 5.9 | 3.4 | -38.0% |
Indonesia | 8.0 | 2.5 | 3.8 | 3.3 | -25.6% |
Vietnam | 1.6 | 1.6 | 2.5 | 2.5 | 16.0% |
Others | 4.9 | 4.3 | 7.0 | 7.3 | 14.2% |
Total | 65.2 | 36.5 | 60.4 | 62.0 | -1.7% |
Top Suppliers of Polyvinyl Chloride to the Philippines in 2022:
- China (14.5K tons)
- Thailand (9.6K tons)
- Taiwan (Chinese) (3.1K tons)
- Indonesia (2.2K tons)
- Singapore (1.9K tons)
- Japan (1.6K tons)
- Vietnam (1.1K tons)
This report provides an in-depth analysis of the polyvinyl chloride 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 20163010 - Polyvinyl chloride, not mixed with any other substances, in primary forms
- Prodcom 20163023 - Non-plasticised polyvinyl chloride mixed with any other substance, in primary forms
- Prodcom 20163025 - Plasticised polyvinyl chloride mixed with any other substance, i n 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.
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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
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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 polyvinyl chloride market in the Philippines.
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