Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in the Philippines - 2023
Contents:
- Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in the Philippines (CIF) - 2022
- Imports of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in the Philippines
Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in the Philippines (CIF) - 2022
The average import price for mixtures and preparations containing oxirane (ethylene oxide)s stood at $4,001 per ton in 2022, increasing by 195% against the previous year. Overall, the import price saw a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($34,653 per ton), while the price for South Korea ($1,816 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+270.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in the Philippines
In 2022, after three years of growth, there was significant decline in purchases abroad of mixtures and preparations containing oxirane (ethylene oxide)s, when their volume decreased by -63.9% to 119 tons. In general, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 121%. As a result, imports reached the peak of 330 tons, and then reduced sharply in the following year.
In value terms, imports of mixtures and preparations containing oxirane (ethylene oxide)s rose significantly to $477K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 72.7 | 167 | 327 | 278 | 56.4% |
| Malaysia | 12.5 | 62.6 | 121 | 170 | 138.7% |
| South Korea | N/A | N/A | N/A | 13.5 | 0% |
| China | 102 | 32.2 | N/A | 0.3 | -85.7% |
| Others | N/A | 0.5 | N/A | 15.2 | 451.4% |
| Total | 187 | 262 | 448 | 477 | 36.6% |
Top Suppliers of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) to the Philippines in 2022:
- Vietnam (106.2 tons)
- South Korea (7.4 tons)
- Malaysia (4.9 tons)
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