Chlorides; of Aluminium Price in the Philippines - 2023
Contents:
- Chlorides; of Aluminium Price in the Philippines (CIF) - 2023
- Chlorides; of Aluminium Imports in the Philippines
Chlorides; of Aluminium Price in the Philippines (CIF) - 2023
In June 2023, the average chlorides; of aluminium import price amounted to $410 per ton, picking up by 2.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 33% month-to-month. The import price peaked at $486 per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($742 per ton), while the price for China amounted to $364 per ton.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (-0.7%), while the prices for the other major suppliers experienced a decline.
Chlorides; of Aluminium Imports in the Philippines
For the fourth year in a row, the Philippines recorded growth in overseas purchases of chlorides; of aluminia, which increased by 13% to 16K tons in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 increased by +63.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, chlorides; of aluminium imports skyrocketed to $6.2M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 increased by +70.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Chlorides; of Aluminium in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 3.9 | 4.3 | 5.2 | 24.4% |
| Indonesia | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| India | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Thailand | 0.3 | N/A | 0.1 | 0.3 | 0.0% |
| Others | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Total | 3.7 | 4.6 | 5.2 | 6.2 | 18.8% |
Top Suppliers of Chlorides; of Aluminium to the Philippines in 2022:
- China (14.2K tons)
- India (0.6K tons)
- Indonesia (0.5K tons)
- Thailand (0.3K tons)
365
This report provides an in-depth analysis of the chlorides market in the Philippines.
418
This report provides an in-depth analysis of the ammonium chloride market in the Philippines.
406
This report provides an in-depth analysis of the market for bromides, iodides and oxids thereof in the Philippines.
375
This report provides an in-depth analysis of the market for chloride oxides of metal in the Philippines.
488
This report provides an in-depth analysis of the global chlorides market.
886
This report provides an in-depth analysis of the global ammonium chloride market.
525
This report provides an in-depth analysis of the global market for bromides, iodides and oxids thereof.
649
This report provides an in-depth analysis of the global market for chloride oxides of metal.
365
This report provides an in-depth analysis of the chlorides market in the Philippines.
418
This report provides an in-depth analysis of the ammonium chloride market in the Philippines.
1285
In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
1000
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
1285
In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
1000
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
