Cyclic Hydrocarbons; M-Xylene Price in the Philippines - 2023
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in the Philippines (CIF) - 2022
- Cyclic Hydrocarbons; M-Xylene Imports in the Philippines
Cyclic Hydrocarbons; M-Xylene Price in the Philippines (CIF) - 2022
In 2022, the average cyclic hydrocarbons; m-xylene import price amounted to $1,976 per ton, waning by -98.4% against the previous year. In general, the import price showed a deep slump. The pace of growth was the most pronounced in 2017 an increase of 71% against the previous year. The import price peaked at $126,375 per ton in 2021, and then dropped notably in the following year.
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 ($4,034 per ton), while the price for Japan stood at $1,698 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-9.6%).
Cyclic Hydrocarbons; M-Xylene Imports in the Philippines
In 2022, approx. 12 tons of cyclic hydrocarbons; m-xylenes were imported into the Philippines; picking up by 153,625% against 2021 figures. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cyclic hydrocarbons; m-xylene imports soared to $24K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cyclic Hydrocarbons; M-Xylene in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Japan | N/A | 18.5 | 0% | ||
| United States | N/A | 5.6 | 0% | ||
| Others | 1.0 | 0.2 | -80.0% | ||
| Total | 1.0 | 24.3 | 2330.0% | ||
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to the Philippines in 2022:
- Japan (10.9 tons)
- United States (1.4 tons)
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