Price for Amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its salts in the Philippines - 2023

Contents:

  1. Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in the Philippines (CIF) - 2022
  2. Imports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in the Philippines

Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in the Philippines (CIF) - 2022

In 2022, the average import price for amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses amounted to $2,636 per ton, which is down by -60.7% against the previous year. Over the period under review, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 an increase of 17%. Over the period under review, average import prices hit record highs at $8,276 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 India ($6,700 per ton), while the price for China totaled $1,395 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+408.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in the Philippines

In 2022, imports of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses into the Philippines surged to 13 tons, with an increase of 206% on 2021. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 450%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses soared to $34K in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 410%. As a result, imports attained the peak of $37K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A36.626.620.1-25.9%
ChinaN/AN/AN/A13.90%
IndonesiaN/A0.31.9N/A533.3%
Taiwan (Chinese)7.2N/AN/AN/A0%
Others0.1N/AN/A0.226.0%
Total7.336.928.534.367.5%

Top Suppliers of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts to the Philippines in 2022:

  1. China (10.0 tons)
  2. India (3.0 tons)

Source: IndexBox Market Intelligence Platform

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