Price for Alkaloids, Vegetable; Norephedrine and Its Salts in the Philippines - 2023
Contents:
- Price for Alkaloids, Vegetable; Norephedrine and Its Salts in the Philippines (CIF) - 2022
- Imports of Alkaloids, Vegetable; Norephedrine and Its Salts in the Philippines
Price for Alkaloids, Vegetable; Norephedrine and Its Salts in the Philippines (CIF) - 2022
The average import price for alkaloids, vegetable; norephedrine and its saltses stood at $70,560 per ton in 2022, picking up by 6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +3.6% per year.
Imports of Alkaloids, Vegetable; Norephedrine and Its Salts in the Philippines
For the fourth year in a row, the Philippines recorded growth in overseas purchases of alkaloids, vegetable; norephedrine and its saltses, which increased by 8.3% to 300 kg in 2022. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of alkaloids, vegetable; norephedrine and its saltses soared to $21K in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Alkaloids, Vegetable; Norephedrine and Its Salts in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.0 | 2.5 | 3.4 | 21.2 | 91.9% |
Taiwan (Chinese) | 12.9 | 14.5 | 14.4 | N/A | 5.7% |
Others | 0.1 | 0.1 | 0.6 | N/A | 144.9% |
Total | 16.0 | 17.1 | 18.4 | 21.2 | 9.8% |
Top Suppliers of Alkaloids, Vegetable; Norephedrine and Its Salts to the Philippines in 2022:
- India (300.0 kg)
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