Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines - 2023
Contents:
- Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines (CIF) - 2023
- Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines (FOB) - 2022
- Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines
- Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines
Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines (CIF) - 2023
In September 2023, the average import price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) amounted to $1,102 per ton, with a decrease of -19.9% against the previous month. In general, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in May 2023 when the average import price increased by 39% m-o-m. As a result, import price attained the peak level of $1,857 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Singapore ($14,691 per ton), while the price for South Korea ($841 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Singapore (+16.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines (FOB) - 2022
In 2022, the average export price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) amounted to $1,925 per ton, rising by 19% against the previous year. Overall, the export price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $2,159 per ton. From 2020 to 2022, the average 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 India ($2,754 per ton), while the average price for exports to Taiwan (Chinese) ($1,167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines
In 2022, imports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) into the Philippines contracted slightly to 7.3K tons, leveling off at 2021 figures. In general, imports continue to indicate a precipitous curtailment.
In value terms, imports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) rose markedly to $11M in 2022. Over the period under review, imports showed a deep downturn.
| Import of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 4.3 | 4.9 | 5.7 | 9.0% |
| United States | 1.1 | 0.5 | 0.6 | 1.1 | 0.0% |
| South Korea | 3.9 | 2.3 | 1.1 | 0.9 | -38.7% |
| Singapore | 0.7 | 0.2 | 0.7 | 0.7 | 0.0% |
| Malaysia | 0.1 | 0.4 | 0.5 | 0.7 | 91.3% |
| Thailand | 3.8 | 3.2 | 0.6 | 0.4 | -52.8% |
| India | 0.3 | 0.6 | 0.5 | 0.3 | 0.0% |
| Others | 2.1 | 1.6 | 1.5 | 1.5 | -10.6% |
| Total | 16.4 | 13.1 | 10.3 | 11.4 | -11.4% |
Top Suppliers of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) to the Philippines in 2022:
- China (4707.1 tons)
- South Korea (718.3 tons)
- Malaysia (630.5 tons)
- India (279.1 tons)
- United States (205.7 tons)
- Thailand (195.4 tons)
- Singapore (173.6 tons)
Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines
In 2022, overseas shipments of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) decreased by -16.7% to 332 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 82%. As a result, the exports attained the peak of 968 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) shrank to $638K in 2022. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 28%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 285 | 35.4 | 298 | 2.3% |
| Thailand | 118 | 172 | 62.6 | 116 | -0.6% |
| Vietnam | N/A | 14.7 | 0.3 | 47.4 | 79.6% |
| Poland | N/A | N/A | 5.5 | 35.0 | 536.4% |
| Singapore | N/A | 255 | 53.6 | 30.1 | -65.6% |
| Dominican Republic | N/A | N/A | N/A | 26.7 | 0% |
| Taiwan (Chinese) | 144 | 265 | 41.0 | 21.5 | -46.9% |
| China | 188 | N/A | N/A | 21.0 | -51.8% |
| Indonesia | N/A | 130 | 7.2 | 17.8 | -63.0% |
| South Korea | 188 | 86.6 | N/A | N/A | -53.9% |
| United States | 82.4 | N/A | 10.7 | N/A | -64.0% |
| Canada | 139 | 130 | N/A | N/A | -6.5% |
| Others | 290 | 132 | 430 | 24.5 | -56.1% |
| Total | 1,149 | 1,471 | 646 | 638 | -17.8% |
Top Export Markets for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) from the Philippines in 2022:
- India (108.3 tons)
- Thailand (68.1 tons)
- Vietnam (39.4 tons)
- Poland (26.0 tons)
- Taiwan (Chinese) (18.4 tons)
- Singapore (18.0 tons)
- Dominican Republic (13.6 tons)
- Indonesia (12.0 tons)
- China (10.7 tons)
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