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Philippines - Oxides of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Market for Oxides Of Boron and Boric Acids 2024
Market Size for Oxides Of Boron and Boric Acids in the Philippines
In 2021, the Philippine market for oxides of boron and boric acids decreased by -37.2% to $X, falling for the third consecutive year after five years of growth. In general, consumption, however, recorded a temperate increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.
Exports of Oxides Of Boron and Boric Acids
Exports from the Philippines
After two years of decline, overseas shipments of oxides of boron and boric acids decreased by 0% to X tons in 2017. Over the period under review, exports showed a sharp decrease. The smallest decline of 99.9% was in 2015. The exports peaked at X tons in 2014; however, from 2015 to 2017, the exports failed to regain momentum.
In value terms, boron oxide and boric acid exports stood at $X in 2017. Overall, exports showed a dramatic decline. The smallest decline of 99.9% was in 2015. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2017, the exports remained at a lower figure.
Exports by Country
Vietnam (X tons) was the main destination for boron oxide and boric acid exports from the Philippines, with a approx. 100% share of total exports.
From 2014 to 2017, the average annual growth rate of volume to Vietnam was relatively modest.
From 2014 to 2017, the average annual growth rate of value to Vietnam was relatively modest.
Export Prices by Country
In 2017, the average export price for oxides of boron and boric acids amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2014; however, from 2015 to 2017, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From 2014 to 2017, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.
Imports of Oxides Of Boron and Boric Acids
Imports into the Philippines
In 2021, supplies from abroad of oxides of boron and boric acids decreased by -40% to X tons, falling for the third consecutive year after five years of growth. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 137% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.
In value terms, boron oxide and boric acid imports declined dramatically to $X in 2021. Overall, imports, however, enjoyed a slight expansion. The growth pace was the most rapid in 2018 when imports increased by 149% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.
Imports by Country
Malaysia (X tons), Turkey (X tons) and the United States (X tons) were the main suppliers of boron oxide and boric acid imports to the Philippines, with a combined 64% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +65.6%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Malaysia ($X) constituted the largest supplier of oxides of boron and boric acids to the Philippines, comprising 30% of total imports. The second position in the ranking was taken by Turkey ($X), with a 13% share of total imports. It was followed by the United States, with an 11% share.
From 2012 to 2021, the average annual growth rate of value from Malaysia stood at +36.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+35.7% per year) and the United States (-14.0% per year).
Import Prices by Country
In 2021, the average import price for oxides of boron and boric acids amounted to $X per ton, growing by 7.9% against the previous year. Over the period under review, the import price, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 35%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+42.4%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for boron oxide and boric acid 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 20132462 -
- Prodcom 20132465 -
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
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