Price for Imines and Their Derivatives; Salts Thereof; Chlordimeform (ISO) in the Philippines - 2022

Price for Imines and Their Derivatives; Salts Thereof; Chlordimeform (ISO) in the Philippines (CIF) - 2022

The average import price for imines and their derivatives; salts thereof; chlordimeform (ISO) stood at $8,080 per ton in 2022, which is down by -15.9% against the previous year. Overall, the import price continues to indicate a sharp decline. The pace of growth appeared the most rapid in 2018 an increase of 19% against the previous year. The import price peaked at $103,000 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -22.5% per year.

Imports of Imines and Their Derivatives; Salts Thereof; Chlordimeform (ISO) in the Philippines

In 2022, approx. 200 kg of imines and their derivatives; salts thereof; chlordimeform (ISO) were imported into the Philippines; picking up by 9.3% compared with the previous year. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 51%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of imines and their derivatives; salts thereof; chlordimeform (ISO) shrank to $1.6K in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 19%. As a result, imports reached the peak of $1.8K, and then shrank in the following year.