Carbonates; Barium Carbonate Price in the Philippines - 2023
Contents:
- Carbonates; Barium Carbonate Price in the Philippines (CIF) - 2022
- Carbonates; Barium Carbonate Imports in the Philippines
Carbonates; Barium Carbonate Price in the Philippines (CIF) - 2022
The average carbonates; barium carbonate import price stood at $840 per ton in 2022, with an increase of 11% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 140%. The import price peaked at $3,673 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($971 per ton), while the price for China stood at $820 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.6%), while the prices for the other major suppliers experienced a decline.
Carbonates; Barium Carbonate Imports in the Philippines
In 2022, approx. 199 tons of carbonates; barium carbonates were imported into the Philippines; reducing by -14.8% on the previous year. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.9% against the previous year.
In value terms, carbonates; barium carbonate imports contracted to $167K in 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.
| Import of Carbonates; Barium Carbonate in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 202 | 136 | 147 | 142 | -11.1% |
| Taiwan (Chinese) | 19.9 | 22.2 | 30.5 | 25.2 | 8.2% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 222 | 158 | 177 | 167 | -9.1% |
Top Suppliers of Carbonates; Barium Carbonate to the Philippines in 2022:
- China (173.0 tons)
- Taiwan (Chinese) (26.0 tons)
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