Price for Chloride Oxides and Chloride Hydroxides; of Copper in the Philippines - 2023

Contents:

  1. Price for Chloride Oxides and Chloride Hydroxides; of Copper in the Philippines (CIF) - 2023
  2. Imports of Chloride Oxides and Chloride Hydroxides; of Copper in the Philippines

Price for Chloride Oxides and Chloride Hydroxides; of Copper in the Philippines (CIF) - 2023

The average import price for chloride oxides and chloride hydroxides; of coppers stood at $5,648 per ton in August 2023, shrinking by -82.2% against the previous month. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $31,649 per ton in July 2023, and then dropped significantly in the following month.

As there is only one major supplying country, the average price level is determined by prices for China.

From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to -0.5% per month.

Imports of Chloride Oxides and Chloride Hydroxides; of Copper in the Philippines

For the third consecutive year, the Philippines recorded decline in supplies from abroad of chloride oxides and chloride hydroxides; of coppers, which decreased by -37.8% to 178 tons in 2022. In general, imports showed a significant contraction. The smallest decline of -1.6% was in 2020.

In value terms, imports of chloride oxides and chloride hydroxides; of coppers reduced sharply to $1.1M in 2022. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. As a result, imports attained the peak of $1.6M, and then dropped rapidly in the following year.

Import of Chloride Oxides and Chloride Hydroxides; of Copper in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.41.31.61.1-7.7%
Others0.1N/AN/AN/A0%
Total1.51.31.61.1-9.8%

Top Suppliers of Chloride Oxides and Chloride Hydroxides; of Copper to the Philippines in 2022:

  1. China (178.0 tons)

Source: IndexBox Market Intelligence Platform

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