Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the Philippines - 2023
Contents:
- Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the Philippines (CIF) - 2022
- Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in the Philippines
Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the Philippines (CIF) - 2022
In 2022, the average import price for cellulose acetates; non-plasticised, in primary formses amounted to $9,423 per ton, with an increase of 88% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $10,850 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.1% per year.
Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in the Philippines
In 2022, after three years of growth, there was significant decline in supplies from abroad of cellulose acetates; non-plasticised, in primary formses, when their volume decreased by -55.3% to 77 tons. Overall, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 125% against the previous year. As a result, imports reached the peak of 173 tons, and then fell notably in the following year.
In value terms, imports of cellulose acetates; non-plasticised, in primary formses contracted markedly to $729K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 192%. As a result, imports reached the peak of $868K, and then contracted significantly in the following year.
| Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 269 | 297 | 867 | 729 | 39.4% |
| Others | 10.3 | 0.1 | 0.1 | 1.0 | -54.0% |
| Total | 279 | 297 | 868 | 729 | 37.7% |
Top Suppliers of Cellulose Acetates; Non-Plasticised, in Primary Forms to the Philippines in 2022:
- United States (76.8 tons)
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