Carbonates; Strontium Carbonate Price in the Philippines - 2023
Contents:
- Carbonates; Strontium Carbonate Price in the Philippines (CIF) - 2022
- Carbonates; Strontium Carbonate Imports in the Philippines
Carbonates; Strontium Carbonate Price in the Philippines (CIF) - 2022
In 2022, the average carbonates; strontium carbonate import price amounted to $1,189 per ton, declining by -34% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 100% against the previous year. Over the period under review, average import prices hit record highs at $2,148 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,374 per ton), while the price for the United States totaled $762 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+104.7%), while the prices for the other major suppliers experienced a decline.
Carbonates; Strontium Carbonate Imports in the Philippines
For the third consecutive year, the Philippines recorded decline in supplies from abroad of carbonates; strontium carbonates, which decreased by -13% to 2.9 tons in 2022. Overall, imports continue to indicate a abrupt slump. The smallest decline of -2.9% was in 2020.
In value terms, carbonates; strontium carbonate imports declined markedly to $3.4K in 2022. Over the period under review, imports, however, posted pronounced growth. The growth pace was the most rapid in 2020 when imports increased by 48% against the previous year.
| Import of Carbonates; Strontium Carbonate in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 2.0 | 1.9 | 2.7 | 19.1% |
| United States | N/A | N/A | N/A | 0.7 | 0% |
| Japan | 1.5 | 2.5 | 4.0 | N/A | 63.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 4.5 | 5.9 | 3.4 | 4.3% |
Top Suppliers of Carbonates; Strontium Carbonate to the Philippines in 2022:
- China (2.0 tons)
- United States (0.9 tons)
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