Price for Carbides; of Calcium, Whether or Not Chemically Defined in the Philippines - 2023

Contents:

  1. Price for Carbides; of Calcium, Whether or Not Chemically Defined in the Philippines (CIF) - 2023
  2. Imports of Carbides; of Calcium, Whether or Not Chemically Defined in the Philippines

Price for Carbides; of Calcium, Whether or Not Chemically Defined in the Philippines (CIF) - 2023

The average import price for carbides; of calcium, whether or not chemically defineds stood at $424 per ton in November 2023, declining by -31.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 82% m-o-m. As a result, import price attained the peak level of $735 per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +0.0% per month.

Imports of Carbides; of Calcium, Whether or Not Chemically Defined in the Philippines

In 2022, approx. 9.6K tons of carbides; of calcium, whether or not chemically defineds were imported into the Philippines; increasing by 6.5% against the previous year's figure. Overall, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 8% against the previous year.

In value terms, imports of carbides; of calcium, whether or not chemically defineds rose notably to $5.4M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Carbides; of Calcium, Whether or Not Chemically Defined in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.93.74.75.32.7%
Others0.20.20.20.1-20.6%
Total5.13.94.95.41.9%

Top Suppliers of Carbides; of Calcium, Whether or Not Chemically Defined to the Philippines in 2022:

  1. China (9.5K tons)

Source: IndexBox Market Intelligence Platform

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