Price for Chlorates; Other than Sodium in the Philippines - 2023

Contents:

  1. Price for Chlorates; Other than Sodium in the Philippines (CIF) - 2022
  2. Imports of Chlorates; Other than Sodium in the Philippines

Price for Chlorates; Other than Sodium in the Philippines (CIF) - 2022

The average chlorates; other than sodium import price stood at $1,502 per ton in 2022, with an increase of 8.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2013 an increase of 25%. Over the period under review, average import prices attained the peak figure at $1,782 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($1,856 per ton), while the price for China ($1,431 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Chlorates; Other than Sodium in the Philippines

Chlorates; other than sodium imports into the Philippines shrank markedly to 492 tons in 2022, declining by -20.8% on 2021 figures. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 171% against the previous year. As a result, imports attained the peak of 621 tons, and then plummeted in the following year.

In value terms, chlorates; other than sodium imports reduced to $738K in 2022. Over the period under review, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 163%. As a result, imports reached the peak of $855K, and then fell in the following year.

Import of Chlorates; Other than Sodium in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10129.076.440258.5%
India28293.33132951.5%
Sweden11010519839.0-29.2%
Others18497.02681.8-78.6%
Total6783258557382.9%

Top Suppliers of Chlorates; Other than Sodium to the Philippines in 2022:

  1. China (281.0 tons)
  2. India (189.1 tons)
  3. Sweden (21.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Chlorates; other than sodium - Philippines