Price for Alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) in the Philippines - 2023
Contents:
- Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the Philippines (CIF) - 2022
- Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the Philippines
Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the Philippines (CIF) - 2022
In 2022, the average import price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) amounted to $3,883 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 191% against the previous year. The import price peaked at $3,912 per ton in 2021, and then dropped slightly 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 Japan ($3,713 per ton), while the price for Taiwan (Chinese) ($1,649 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the Philippines
In 2022, the amount of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) imported into the Philippines expanded rapidly to 81 tons, picking up by 9.3% against 2021. Overall, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 60% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) expanded rapidly to $316K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 262% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.5 | 9.4 | 213 | 122 | 87.5% |
Japan | 23.1 | 44.8 | 59.7 | 42.9 | 22.9% |
Sweden | 11.5 | 25.5 | 17.1 | 20.3 | 20.9% |
Others | 0.7 | 0.8 | 1.7 | 131 | 472.0% |
Total | 53.8 | 80.6 | 292 | 316 | 80.4% |
Top Suppliers of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) to the Philippines in 2022:
- China (38.5 tons)
- Japan (11.5 tons)
- Sweden (10.4 tons)
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in the Philippines.
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in the Philippines.
This report provides an in-depth analysis of the market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols in the Philippines.
This report provides an in-depth analysis of the butanol market in the Philippines.
This report provides an in-depth analysis of the methanol market in the Philippines.
This report provides an in-depth analysis of the unsaturated monohydric alcohols market in the Philippines.
This report provides an in-depth analysis of the propylene glycol market in the Philippines.
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in the Philippines.
This report provides an in-depth analysis of the octyl alcohol market in the Philippines.
This report provides an in-depth analysis of the ethylene glycol market in the Philippines.
Explore the world's best import markets for butanol, including China, Belgium, Germany, and more. Gain insights into key statistics and market trends. Read now on IndexBox.
The global butanol market is forecast to see a pronounced recovery in 2021. The increased demand for butyl acetate and butyl acrylate, which together comprise over half of the butanol consumption, emerges as a key butanol market driver amid the current construction boom in Asia, the U.S., Russia and Europe. The use of butanol as an alternative fuel may also accelerate the market expansion. The possibility to derive biobutanol from food waste and the emerging technology to obtain butanol from CO2 shape promising investment prospects, following the shift to a circular economy.
In today's global economy, international trade plays a crucial role in the development and growth of countries. One of the key commodities traded across borders is methanol, a versatile chemical compound used in various industries such as automotive, construction, and chemical manufacturing. Understanding the import markets for methanol is crucial for businesses, policymakers, and investors looking to capitalize on the growing demand for this essential substance. According to the latest data from the IndexBox market intelligence platform, here are the world's top import markets for methanol in terms of import value: China, India, Netherlands, South Korea, and Japan. China dominates the global methanol import market with an import value of $4.2 billion USD in 2022. India witnessed a surge in import value, reaching $985.8 million USD in 2022. The Netherlands holds the third position in the global methanol import market with a total import value of $968.1 million USD in 2022. South Korea and Japan also have strong import markets for methanol.
The use of methanol as an alternative fuel is in line with the new global green agenda and can become a new driver of the methanol market. Maritime and automotive fuels constitute the prospective methanol applications. China is the largest market for imported methanol, with import growth to persist, should more cars work on the methanol fuel.
Explore the top import markets for ethylene glycol based on the latest data from IndexBox. Discover key statistics and insights for countries like China, India, Turkey, and more.
Increasing demand for PET packaging and urgent need for eco-friendly refrigerants to become the main drivers of the ethylene glycol market growth.
South Korea became the fastest-growing sorbitol importer in the past decade. From 2010 to 2020, supplies to South Korea rose from $3.1M to $19.2M, while in physical terms, they expanded from 3.4K to 17K tons.
The global alcohol market revenue amounted to $56.1B in 2018, remaining stable against the previous year. This...
In value terms, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports stood at $X in 2016. In general, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports co...
In 2016, the global imports of alcohol amounted to X tons, shrinking by -X% against the previous year level. In general, alcohol imports continue to indicate a slight deduction. The pace of gro...