Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines - 2023
Contents:
- Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines (CIF) - 2022
- Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines (FOB) - 2022
- Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines
- Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines
Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines (CIF) - 2022
The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $11,237 per ton in 2022, rising by 45% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. Over the period under review, average import prices hit record highs at $16,333 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($38,349 per ton), while the price for Egypt ($2,650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines (FOB) - 2022
In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $12,640 per ton, reducing by -33.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 105%. Over the period under review, the average export prices attained the peak figure at $20,291 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat 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 Malaysia ($23,813 per ton), while the average price for exports to Japan ($2,383 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 United States (+89.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines
In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses imported into the Philippines contracted notably to 206 tons, with a decrease of -24.5% compared with 2021 figures. Overall, imports faced a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year.
In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses expanded notably to $2.3M in 2022. Over the period under review, imports continue to indicate a dramatic slump.
Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,147 | 866 | 611 | 979 | -5.1% |
France | 763 | 830 | 924 | 925 | 6.6% |
Egypt | N/A | 51.0 | 350 | 159 | 76.6% |
Norway | 24.3 | 26.5 | 3.3 | 106 | 63.4% |
Japan | 2,462 | 843 | 59.5 | 68.1 | -69.8% |
United Kingdom | 242 | 233 | 130 | 53.7 | -39.5% |
Vietnam | 189 | N/A | N/A | N/A | 0% |
Others | 101 | 40.7 | 41.6 | 23.9 | -38.1% |
Total | 4,927 | 2,891 | 2,119 | 2,315 | -22.3% |
Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to the Philippines in 2022:
- China (88.6 tons)
- Egypt (60.0 tons)
- France (44.0 tons)
- Japan (6.4 tons)
- Norway (3.5 tons)
- United Kingdom (1.4 tons)
Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines
Exports of polymers, natural; alginic acid, its salts and esters, in primary formses from the Philippines shrank markedly to 4.2 tons in 2022, which is down by -52.6% against the previous year. In general, exports faced a precipitous shrinkage. The smallest decline of -51.7% was in 2021.
In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses declined remarkably to $54K in 2022. Overall, exports continue to indicate a significant contraction. The smallest decline of -54.5% was in 2021.
Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 92.5 | 94.6 | N/A | 44.1 | -21.9% |
Japan | 1.9 | N/A | 2.0 | 4.9 | 37.1% |
Malaysia | 99.6 | 120 | 6.6 | 3.6 | -66.9% |
China | 183 | 113 | N/A | N/A | -38.3% |
Vietnam | 3,756 | 32.3 | N/A | N/A | -99.1% |
France | N/A | N/A | 133 | N/A | 0% |
Others | 47.1 | 14.0 | 28.5 | 1.1 | -71.4% |
Total | 4,180 | 374 | 170 | 53.7 | -76.6% |
Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from the Philippines in 2022:
- Japan (2.1 tons)
- Thailand (2.0 tons)
- Malaysia (0.1 tons)
This report provides an in-depth analysis of the natural polymers market in the Philippines.
This report provides an in-depth analysis of the global natural polymers market.
This report provides an in-depth analysis of the natural polymers market in the Philippines.
This report provides an in-depth analysis of the global natural polymers market.
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