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The Philippines Benzene Industry Outlook 2022 - 2026

See how the Philippines Benzene performed compared to key markets such as South Korea, India and Germany.

Key Market Indicators

Philippines' benzene exports are set to reach 10.3 million kilograms by 2026, a 4.5% decrease from 2021's total of 13.3 million kilograms. Since 2015, exports have seen a 7.2% annual decline. In 2021, the Philippines ranked 29th in the global rankings, with Ukraine overtaking them at 13.3 million kilograms. India, Germany and Japan held second, third and fourth positions respectively. Philippines' benzene imports saw a dramatic drop in 2018, registering 400.5 kilograms compared to 634.2 kilograms in 2017 – a 36.8% year on year decrease. Since 2002, demand has decreased by 76%. The country was ranked 64th in 2018, with Armenia overtaking them at 400.5 kilograms. The United States, Belgium and the Netherlands held second, third and fourth positions respectively.