Price for Quinones; Other than Anthraquinone in the Philippines - 2024
Contents:
- Price for Quinones; Other than Anthraquinone in the Philippines (CIF) - 2022
- Imports of Quinones; Other than Anthraquinone in the Philippines
Price for Quinones; Other than Anthraquinone in the Philippines (CIF) - 2022
The average quinones; other than anthraquinone import price stood at $7,702 per ton in 2022, jumping by 103% against the previous year. Overall, the import price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 117%. Over the period under review, average import prices attained the maximum at $14,360 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Spain ($97,000 per ton), while the price for Israel ($1,064 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+69.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Quinones; Other than Anthraquinone in the Philippines
In 2022, quinones; other than anthraquinone imports into the Philippines soared to 74 tons, rising by 184% against the year before. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, quinones; other than anthraquinone imports surged to $567K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Quinones; Other than Anthraquinone in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.2 | 14.3 | 51.5 | 498 | 191.0% |
| Israel | 25.6 | 62.9 | 25.3 | 61.8 | 34.1% |
| France | 57.2 | N/A | N/A | N/A | 0% |
| Others | 55.9 | 18.4 | 21.5 | 6.8 | -50.5% |
| Total | 159 | 95.7 | 98.4 | 567 | 52.8% |
Top Suppliers of Quinones; Other than Anthraquinone to the Philippines in 2022:
- Israel (58.1 tons)
- China (15.4 tons)
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