Price for Salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate in the Philippines - 2023
Contents:
- Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in the Philippines (CIF) - 2022
- Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in the Philippines
Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in the Philippines (CIF) - 2022
The average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $4,406 per ton in 2022, with an increase of 42% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate increased by +54.4% against 2020 indices. Over the period under review, average import prices reached the maximum at $5,453 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 United States ($14,234 per ton), while the price for China ($3,077 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced a decline.
Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in the Philippines
For the third consecutive year, the Philippines recorded decline in supplies from abroad of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate, which decreased by -15.7% to 168 tons in 2022. Over the period under review, imports saw a drastic downturn.
In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate skyrocketed to $741K in 2022. Overall, imports recorded a deep setback.
| Import of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 706 | 594 | 408 | 341 | -21.5% |
| Spain | 213 | 81.9 | 116 | 181 | -5.3% |
| United States | 1.1 | 1.1 | 0.6 | 166 | 432.4% |
| Japan | 24.3 | 69.5 | 76.7 | 53.7 | 30.3% |
| Others | 3.0 | 14.5 | 15.5 | 0.3 | -53.6% |
| Total | 948 | 761 | 617 | 741 | -7.9% |
Top Suppliers of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate to the Philippines in 2022:
- China (110.7 tons)
- Spain (39.5 tons)
- United States (11.7 tons)
- Japan (6.2 tons)
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