Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the Philippines - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the Philippines (CIF) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the Philippines
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the Philippines (CIF) - 2022
In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $21,695 per ton, with a decrease of -10.9% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 63%. Over the period under review, average import prices hit record highs at $24,360 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($97,052 per ton), while the price for France ($2,555 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the Philippines
In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses into the Philippines reduced to 47 tons, with a decrease of -5.2% compared with 2021. Overall, imports faced a deep setback.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses shrank dramatically to $1M in 2022. Over the period under review, imports saw a abrupt curtailment. The smallest decline of -8.2% was in 2021.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,082 | 874 | 834 | 654 | -15.4% |
| China | 304 | 279 | 227 | 190 | -14.5% |
| France | 8.0 | 7.0 | 6.3 | 4.1 | -20.0% |
| Others | 201 | 157 | 142 | 173 | -4.9% |
| Total | 1,595 | 1,317 | 1,209 | 1,022 | -13.8% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to the Philippines in 2022:
- United States (31.0 tons)
- China (7.0 tons)
- France (1.6 tons)
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