Price for Cellulose Acetates; Plasticised, in Primary Forms in the Philippines - 2023
Contents:
- Price for Cellulose Acetates; Plasticised, in Primary Forms in the Philippines (CIF) - 2022
- Price for Cellulose Acetates; Plasticised, in Primary Forms in the Philippines (FOB) - 2022
- Imports of Cellulose Acetates; Plasticised, in Primary Forms in the Philippines
- Exports of Cellulose Acetates; Plasticised, in Primary Forms in the Philippines
Price for Cellulose Acetates; Plasticised, in Primary Forms in the Philippines (CIF) - 2022
The average import price for cellulose acetates; plasticised, in primary formses stood at $5,553 per ton in 2022, reducing by -35% against the previous year. Overall, the import price saw a mild setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 83% against the previous year. Over the period under review, average import prices reached the maximum at $8,545 per ton in 2021, and then shrank remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,815 per ton), while the price for China ($3,637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+225.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cellulose Acetates; Plasticised, in Primary Forms in the Philippines (FOB) - 2022
In 2022, the average export price for cellulose acetates; plasticised, in primary formses amounted to $4,535 per ton, standing approx. at the previous year. Over the period under review, the export price saw a dramatic decline. The pace of growth was the most pronounced in 2019 a decrease of -9.7%. Over the period under review, the average export prices hit record highs at $19,625 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($13,607 per ton), while the average price for exports to Vietnam ($1,829 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-22.6%), while the prices for the other major destinations experienced a decline.
Imports of Cellulose Acetates; Plasticised, in Primary Forms in the Philippines
Imports of cellulose acetates; plasticised, in primary formses into the Philippines skyrocketed to 76 tons in 2022, increasing by 22% compared with 2021. Overall, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year.
In value terms, imports of cellulose acetates; plasticised, in primary formses fell rapidly to $419K in 2022. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 89%. As a result, imports reached the peak of $529K, and then dropped sharply in the following year.
| Import of Cellulose Acetates; Plasticised, in Primary Forms in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 4.8 | 44.8 | 194 | 267.8% |
| Japan | 44.9 | 49.2 | 63.6 | 70.2 | 16.1% |
| Taiwan (Chinese) | 13.8 | 34.8 | 3.5 | 48.5 | 52.0% |
| United States | 220 | 150 | 254 | 20.1 | -55.0% |
| Czech Republic | N/A | N/A | 19.7 | 18.0 | -8.6% |
| South Korea | N/A | N/A | 70.4 | N/A | 0% |
| Others | 33.9 | 41.8 | 72.5 | 68.6 | 26.5% |
| Total | 317 | 280 | 529 | 419 | 9.7% |
Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to the Philippines in 2022:
- China (53.3 tons)
- Taiwan (Chinese) (12.5 tons)
- Japan (4.4 tons)
- United States (1.5 tons)
- Czech Republic (1.1 tons)
Exports of Cellulose Acetates; Plasticised, in Primary Forms in the Philippines
For the third consecutive year, the Philippines recorded decline in shipments abroad of cellulose acetates; plasticised, in primary formses, which decreased by 0% to 574 kg in 2022. Overall, exports posted a significant increase. The smallest decline of -3.9% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of cellulose acetates; plasticised, in primary formses totaled $2.6K in 2022. In general, exports enjoyed a pronounced increase. The smallest decline of -44.8% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Cellulose Acetates; Plasticised, in Primary Forms in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 1,120 | 0% |
| Indonesia | 373 | 104 | N/A | 830 | 30.6% |
| Vietnam | 142 | 82.0 | N/A | 653 | 66.3% |
| Japan | N/A | 51.0 | N/A | N/A | 0% |
| Malaysia | 1,754 | 1,015 | N/A | N/A | -42.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,269 | 1,252 | N/A | 2,603 | 4.7% |
Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from the Philippines in 2022:
- Vietnam (357.0 kg)
- Singapore (156.0 kg)
- Indonesia (61.0 kg)
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in the Philippines.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in the Philippines.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
