Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the Philippines - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the Philippines (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the Philippines
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the Philippines (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $34,000 per ton, picking up by 113% against the previous year. In general, the import price enjoyed a significant expansion. As a result, import price attained 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 Singapore.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +18.5% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the Philippines
For the third year in a row, the Philippines recorded decline in purchases abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates, which decreased by -75% to 1 kg in 2022. Overall, imports recorded a dramatic shrinkage. The smallest decline of -14.3% was in 2020.
In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates fell dramatically to $34 in 2022. In general, imports recorded a dramatic contraction. The smallest decline of -27.3% was in 2021.
| Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 34.0 | 0% |
| China | 121 | 88.0 | 64.0 | N/A | -27.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 121 | 88.0 | 64.0 | 34.0 | -34.5% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to the Philippines in 2022:
- Singapore (1.0 kg)
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