| Product Code: ETC8834014 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to see significant import shipments with top countries including China, Taiwan, UAE, Spain, and the USA. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). Despite a notable compound annual growth rate (CAGR) of 8.92% from 2020 to 2024, there was a sharp decline in the growth rate from 2023 to 2024 at -53.12%. This fluctuation may indicate shifts in trade dynamics or economic conditions impacting import trends in the Philippines.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Aggregate Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Aggregate Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Aggregate Market - Industry Life Cycle |
3.4 Philippines Aggregate Market - Porter's Five Forces |
3.5 Philippines Aggregate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Aggregate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Aggregate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government infrastructure spending |
4.2.2 Growing demand for residential and commercial construction projects |
4.2.3 Favorable economic conditions and rising disposable income |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Regulatory challenges and bureaucratic hurdles |
4.3.3 Competition from alternative construction materials |
5 Philippines Aggregate Market Trends |
6 Philippines Aggregate Market, By Types |
6.1 Philippines Aggregate Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Aggregate Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Aggregate Market Revenues & Volume, By Sand, 2021- 2031F |
6.1.4 Philippines Aggregate Market Revenues & Volume, By Gravel, 2021- 2031F |
6.1.5 Philippines Aggregate Market Revenues & Volume, By Recycled Concrete, 2021- 2031F |
6.1.6 Philippines Aggregate Market Revenues & Volume, By Crushed Stone, 2021- 2031F |
6.2 Philippines Aggregate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Aggregate Market Revenues & Volume, By Infrastructure, 2021- 2031F |
6.2.3 Philippines Aggregate Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Philippines Aggregate Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Philippines Aggregate Market Revenues & Volume, By Residential, 2021- 2031F |
7 Philippines Aggregate Market Import-Export Trade Statistics |
7.1 Philippines Aggregate Market Export to Major Countries |
7.2 Philippines Aggregate Market Imports from Major Countries |
8 Philippines Aggregate Market Key Performance Indicators |
8.1 Average selling price per ton of aggregates |
8.2 Number of infrastructure projects awarded |
8.3 Construction permit issuance rate |
8.4 GDP growth rate |
8.5 Urbanization rate |
9 Philippines Aggregate Market - Opportunity Assessment |
9.1 Philippines Aggregate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Aggregate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Aggregate Market - Competitive Landscape |
10.1 Philippines Aggregate Market Revenue Share, By Companies, 2024 |
10.2 Philippines Aggregate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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