Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in the Philippines - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines (CIF) - 2022
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines (FOB) - 2022
  3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines
  4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines (CIF) - 2022

In 2022, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $6,680 per ton, picking up by 17% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $6,874 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($7,702 per ton), while the price for China amounted to $6,010 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.6%), while the prices for the other major suppliers experienced a decline.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $6,902 per ton in 2022, approximately reflecting the previous year. In general, the export price, however, continues to indicate a noticeable increase. The export price peaked at $6,903 per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($80,000 per ton), while the average price for exports to Thailand amounted to $6,883 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+30.5%).

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines

Imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses into the Philippines skyrocketed to 820 tons in 2022, with an increase of 90% compared with 2021 figures. In general, imports enjoyed 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 carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses skyrocketed to $5.5M in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.40.80.93.9113.6%
India0.40.50.41.244.2%
United Kingdom1.61.20.9N/A-25.0%
Others0.20.20.30.426.0%
Total2.52.82.55.530.1%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to the Philippines in 2022:

  1. China (644.6 tons)
  2. India (153.9 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines

In 2022, the amount of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses exported from the Philippines fell markedly to 3.8 tons, with a decrease of -50% against the previous year. Over the period under review, exports faced a sharp decrease.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses contracted markedly to $26K in 2022. In general, exports recorded a precipitous decline.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in the Philippines (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Thailand52.526.3-49.9%
Others0.30.1-66.7%
Total52.826.4-50.0%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from the Philippines in 2022:

  1. Thailand (3.8 tons)

Source: IndexBox Market Intelligence Platform

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