Fluorine; Bromine Price in the Philippines - 2023
Contents:
Fluorine; Bromine Price in the Philippines (CIF) - 2022
In 2022, the average fluorine; bromine import price amounted to $10,824 per ton, falling by -5.8% against the previous year. Overall, the import price showed a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 913%. Over the period under review, average import prices hit record highs at $39,335 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($43,178 per ton), while the price for Singapore stood at $10,748 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+32.7%).
Fluorine; Bromine Imports in the Philippines
In 2022, imports of fluorine; bromines into the Philippines soared to 19 tons, rising by 68% on the previous year. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 3,941%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fluorine; bromine imports surged to $207K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 4,226% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fluorine; Bromine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.7 | N/A | 128 | 205 | 564.1% |
| Japan | 13.2 | N/A | N/A | 1.7 | -49.5% |
| Others | 3.1 | 3.0 | 2.0 | 0.2 | -59.9% |
| Total | 17.0 | 3.0 | 130 | 207 | 130.1% |
Top Suppliers of Fluorine; Bromine to the Philippines in 2022:
- Japan (undefined tons)
- Singapore (19.1 tons)
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