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Philippines - Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ethylene Polymer Rigid Pipes in the Philippines - 2023
Contents:
- Price for Ethylene Polymer Rigid Pipes in the Philippines (CIF) - 2022
- Price for Ethylene Polymer Rigid Pipes in the Philippines (FOB) - 2022
- Imports of Ethylene Polymer Rigid Pipes in the Philippines
- Exports of Ethylene Polymer Rigid Pipes in the Philippines
Price for Ethylene Polymer Rigid Pipes in the Philippines (CIF) - 2022
In 2022, the average ethylene polymer rigid pipes import price amounted to $2,578 per ton, rising by 11% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 88% against the previous year. Over the period under review, average import prices reached the peak figure at $6,793 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($5,122 per ton), while the price for China ($1,544 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ethylene Polymer Rigid Pipes in the Philippines (FOB) - 2022
The average ethylene polymer rigid pipes export price stood at $2,748 per ton in 2022, falling by -45.6% against the previous year. Over the period under review, the export price, however, posted a measured increase. The pace of growth was the most pronounced in 2015 an increase of 243%. As a result, the export price reached the peak level of $7,636 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2,870 per ton), while the average price for exports to Hong Kong SAR ($110 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-4.5%).
Imports of Ethylene Polymer Rigid Pipes in the Philippines
In 2022, supplies from abroad of rigid tubes, pipes and hoses of polymers of ethylene decreased by -12.8% to 8.2K tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 82% against the previous year. As a result, imports reached the peak of 11K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, ethylene polymer rigid pipes imports fell slightly to $21M in 2022. Over the period under review, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 146% against the previous year. As a result, imports reached the peak of $73M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Ethylene Polymer Rigid Pipes in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 3.2 | 7.2 | 12.3 | 10.1 | 46.7% |
China | 7.3 | 3.2 | 5.1 | 5.2 | -10.7% |
Indonesia | 0.1 | 0.1 | 0.1 | 1.3 | 135.1% |
Thailand | N/A | 1.8 | 2.0 | 1.2 | -18.4% |
India | N/A | 0.3 | 0.6 | 0.9 | 73.2% |
Italy | 0.6 | 0.5 | 0.4 | 0.4 | -12.6% |
Austria | 10.8 | 22.1 | N/A | N/A | 104.6% |
United States | 6.2 | 36.0 | N/A | N/A | 480.6% |
Others | 1.3 | 1.4 | 1.5 | 2.1 | 17.3% |
Total | 29.5 | 72.7 | 21.9 | 21.2 | -10.4% |
Top Suppliers of Ethylene Polymer Rigid Pipes to the Philippines in 2022:
- South Korea (3401.4 tons)
- China (3343.9 tons)
- Thailand (622.2 tons)
- India (317.9 tons)
- Indonesia (250.9 tons)
- Italy (151.4 tons)
- Austria (21.6 tons)
- United States (0.2 tons)
Exports of Ethylene Polymer Rigid Pipes in the Philippines
In 2022, exports of rigid tubes, pipes and hoses of polymers of ethylene from the Philippines declined markedly to 14 tons, which is down by -65.3% against the previous year's figure. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 16,447% against the previous year. As a result, the exports attained the peak of 40 tons, and then dropped notably in the following year.
In value terms, ethylene polymer rigid pipes exports shrank remarkably to $38K in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 28,086%. As a result, the exports reached the peak of $202K, and then reduced rapidly in the following year.
Export of Ethylene Polymer Rigid Pipes in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | N/A | N/A | 142 | 35.6 | -74.9% |
Japan | 63.2 | 0.6 | 3.6 | 1.8 | -69.5% |
Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
Australia | N/A | N/A | 55.5 | N/A | 0% |
Others | N/A | 0.1 | N/A | 0.6 | 144.9% |
Total | 63.2 | 0.7 | 202 | 38.0 | -15.6% |
Top Export Markets for Ethylene Polymer Rigid Pipes from the Philippines in 2022:
- Malaysia (12.4 tons)
- Japan (0.7 tons)
- Hong Kong SAR (0.7 tons)
This report provides an in-depth analysis of the market for ethylene polymer rigid pipes 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 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene
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
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