Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines - 2023
Contents:
- Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines (CIF) - 2022
- Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines (FOB) - 2022
- Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines
- Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines
Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines (CIF) - 2022
In 2022, the average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $10,711 per ton, picking up by 45% against the previous year. Over the period under review, the import price saw a remarkable increase. The growth pace was the most rapid in 2020 an increase of 59%. As a result, import price attained the peak level of $12,773 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($22,257 per ton), while the price for Malaysia ($969 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines (FOB) - 2022
In 2022, the average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $18,214 per ton, surging by 9.2% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 an increase of 131% against the previous year. Over the period under review, the average export prices reached the maximum at $23,935 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($24,665 per ton), while the average price for exports to Poland ($1,687 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.4%), while the prices for the other major destinations experienced a decline.
Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines
In 2022, the amount of heterocyclic compounds with oxygen hetero-atom(s) onlies imported into the Philippines was estimated at 1.8K tons, standing approx. at the previous year. Overall, imports, however, continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 67%.
In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies skyrocketed to $19M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 4.9 | 5.6 | 10.5 | 31.7% |
| Singapore | 7.4 | 5.0 | 3.0 | 3.9 | -19.2% |
| United States | 0.7 | 0.4 | 0.6 | 1.7 | 34.4% |
| Thailand | 0.6 | 0.4 | 0.9 | 1.1 | 22.4% |
| Japan | 0.1 | 0.4 | 0.4 | 0.5 | 71.0% |
| Taiwan (Chinese) | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| France | N/A | N/A | N/A | 0.1 | 0% |
| Malaysia | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Uruguay | 0.7 | 0.6 | 0.6 | N/A | -7.4% |
| Others | 1.3 | 1.7 | 1.5 | 0.9 | -11.5% |
| Total | 15.5 | 13.4 | 13.0 | 18.9 | 6.8% |
Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to the Philippines in 2022:
- Thailand (681.8 tons)
- China (601.1 tons)
- Singapore (227.4 tons)
- United States (78.4 tons)
- Malaysia (63.2 tons)
- France (45.0 tons)
- Japan (42.4 tons)
- Taiwan (Chinese) (14.5 tons)
Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines
Exports of heterocyclic compounds with oxygen hetero-atom(s) onlies from the Philippines was estimated at 1.7 tons in 2022, standing approx. at 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,700% against the previous year. As a result, the exports attained the peak of 4.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies rose sharply to $32K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,940%. As a result, the exports attained the peak of $35K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.3 | 23.1 | 20.3 | 27.0 | 174.9% |
| Singapore | 0.3 | 5.0 | 3.7 | 4.1 | 139.1% |
| Netherlands | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Poland | N/A | N/A | N/A | 0.1 | 0% |
| Nigeria | N/A | 6.0 | N/A | N/A | 0% |
| Others | 0.1 | 0.5 | 4.5 | 0.3 | 44.2% |
| Total | 1.7 | 34.7 | 28.6 | 31.7 | 165.2% |
Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from the Philippines in 2022:
- China (1343.0 kg)
- Singapore (167.0 kg)
- Poland (83.0 kg)
- Netherlands (32.0 kg)
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