Malonylurea Price in the Philippines - 2022
Contents:
Malonylurea Price in the Philippines (CIF) - 2022
The average malonylurea import price stood at $8,453 per ton in 2022, increasing by 32% against the previous year. In general, import price indicated prominent growth from 2017 to 2022: its price increased at an average annual rate of +11.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, malonylurea import price increased by +73.4% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).
From 2017 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +11.7% per year.
Malonylurea Imports in the Philippines
Malonylurea imports into the Philippines skyrocketed to 2 tons in 2022, growing by 200% on 2021 figures. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, malonylurea imports surged to $17K in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Malonylurea in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.6 | 2.1 | 2.1 | 8.5 | 74.5% |
| Others | 1.6 | 2.1 | 2.2 | 8.6 | 75.2% |
| Total | 3.2 | 4.2 | 4.3 | 17.1 | 74.8% |
Top Suppliers of Malonylurea (Barbituric Acid) and Its Salts Thereof to the Philippines in 2022:
- Taiwan (Chinese) (1.0 tons)
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