Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines - 2023
Contents:
- Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines (FOB) - 2023
- Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines (CIF) - 2023
- Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines
- Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines
Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines (FOB) - 2023
In December 2023, the average export price for activated carbon; activated natural mineral products; animal black, including spent animal blacks amounted to $1,464 per ton, shrinking by -8.3% against the previous month. Overall, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in July 2023 an increase of 13% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,993 per ton in March 2023; however, from April 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Ghana ($1,900 per ton), while the average price for exports to the Netherlands ($822 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (0.0%), while the prices for the other major destinations experienced a decline.
Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines (CIF) - 2023
In December 2023, the average import price for activated carbon; activated natural mineral products; animal black, including spent animal blacks amounted to $362 per ton, flattening at the previous month. Over the period under review, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 61% against the previous month. As a result, import price reached the peak level of $613 per ton. From April 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Malaysia ($747 per ton), while the price for China ($260 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines
In 2022, approx. 77K tons of activated carbon; activated natural mineral products; animal black, including spent animal blacks were exported from the Philippines; with an increase of 6.1% compared with the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern.
In value terms, exports of activated carbon; activated natural mineral products; animal black, including spent animal blacks rose markedly to $155M in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 26.2 | 20.6 | 28.5 | 33.4 | 8.4% |
| Germany | 15.1 | 17.2 | 29.7 | 30.4 | 26.3% |
| United States | 15.5 | 18.0 | 17.0 | 23.2 | 14.4% |
| China | 12.2 | 11.0 | 11.7 | 13.2 | 2.7% |
| South Korea | 6.9 | 6.3 | 7.1 | 9.3 | 10.5% |
| Taiwan (Chinese) | 5.7 | 6.0 | 5.8 | 7.6 | 10.1% |
| Indonesia | 3.1 | 4.6 | 6.5 | 7.3 | 33.0% |
| Sri Lanka | 9.2 | 10.6 | 11.1 | 5.7 | -14.7% |
| Canada | 4.0 | 2.6 | 3.4 | 5.1 | 8.4% |
| Italy | 2.9 | 2.3 | 1.5 | 1.9 | -13.1% |
| Netherlands | 6.3 | 3.8 | 1.5 | 1.1 | -44.1% |
| Russia | 3.4 | 2.7 | 3.4 | 1.0 | -33.5% |
| Finland | 1.9 | 1.9 | 1.4 | 0.8 | -25.0% |
| Others | 16.5 | 16.7 | 15.5 | 15.0 | -3.1% |
| Total | 129 | 124 | 144 | 155 | 6.3% |
Top Export Markets for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black from the Philippines in 2022:
- Japan (15.6K tons)
- Germany (14.2K tons)
- United States (11.8K tons)
- South Korea (6.7K tons)
- China (5.0K tons)
- Taiwan (Chinese) (4.9K tons)
- Indonesia (3.8K tons)
- Sri Lanka (3.1K tons)
- Canada (1.9K tons)
- Italy (0.8K tons)
- Netherlands (0.6K tons)
- Russia (0.6K tons)
- Finland (0.5K tons)
Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines
In 2022, imports of activated carbon; activated natural mineral products; animal black, including spent animal blacks into the Philippines surged to 82K tons, increasing by 95% compared with the previous year's figure. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of activated carbon; activated natural mineral products; animal black, including spent animal blacks skyrocketed to $35M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 3.0 | 7.4 | 16.5 | 92.9% |
| Indonesia | 8.1 | 6.9 | 5.5 | 7.3 | -3.4% |
| India | 1.3 | 0.8 | 1.8 | 2.6 | 26.0% |
| Malaysia | 1.4 | 0.9 | 1.7 | 2.2 | 16.3% |
| Others | 4.7 | 5.7 | 4.1 | 6.2 | 9.7% |
| Total | 17.8 | 17.3 | 20.6 | 34.8 | 25.0% |
Top Suppliers of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black to the Philippines in 2022:
- China (55.1K tons)
- Indonesia (14.0K tons)
- India (5.2K tons)
- Malaysia (4.1K tons)
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