Ketone-Alcohols and Ketone-Aldehydes Price in the Philippines - 2023
Contents:
- Ketone-Alcohols and Ketone-Aldehydes Price in the Philippines (CIF) - 2022
- Ketone-Alcohols and Ketone-Aldehydes Imports in the Philippines
Ketone-Alcohols and Ketone-Aldehydes Price in the Philippines (CIF) - 2022
The average ketone-alcohols and ketone-aldehydes import price stood at $1,779 per ton in 2022, declining by -20.6% against the previous year. Overall, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2014 an increase of 75%. As a result, import price reached the peak level of $3,173 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,877 per ton), while the price for Malaysia ($1,196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Ketone-Alcohols and Ketone-Aldehydes Imports in the Philippines
In 2022, overseas purchases of ketone-alcohols and ketone-aldehydeses decreased by -5.8% to 71 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 77% against the previous year.
In value terms, ketone-alcohols and ketone-aldehydes imports reduced remarkably to $126K in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 106%. As a result, imports reached the peak of $169K, and then fell significantly in the following year.
| Import of Ketone-Alcohols and Ketone-Aldehydes in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 6.6 | 25.0 | 49.3 | 58.0 | 106.4% |
| South Korea | 7.5 | 7.9 | 10.6 | 20.9 | 40.7% |
| Malaysia | N/A | N/A | N/A | 18.7 | 0% |
| China | 7.2 | 2.3 | 12.3 | 17.3 | 33.9% |
| France | N/A | N/A | 10.1 | N/A | 0% |
| India | 4.3 | N/A | N/A | N/A | 0% |
| Israel | 16.1 | 17.1 | 38.1 | N/A | 53.8% |
| Brazil | 6.0 | 5.5 | 6.6 | N/A | 4.9% |
| Others | 22.6 | 23.8 | 41.6 | 11.3 | -20.6% |
| Total | 70.2 | 81.7 | 169 | 126 | 21.5% |
Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to the Philippines in 2022:
- Taiwan (Chinese) (46.8 tons)
- Malaysia (15.6 tons)
- South Korea (4.8 tons)
- China (3.0 tons)
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