Price for Cellulose Nitrates (Including Collodions); in Primary Forms in the Philippines - 2023

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in the Philippines (CIF) - 2022
  2. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in the Philippines

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in the Philippines (CIF) - 2022

In 2022, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $3,427 per ton, jumping by 19% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 22%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,530 per ton), while the price for Thailand ($3,277 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced a decline.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in the Philippines

In 2022, imports of cellulose nitrates (including collodions); in primary formses into the Philippines soared to 1.2K tons, surging by 50% compared with the previous year. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of cellulose nitrates (including collodions); in primary formses soared to $4.3M in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 132%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2152477453,108143.6%
China5996251,27380510.4%
Taiwan (Chinese)13126.323221217.4%
Others282134141138-21.2%
Total1,2271,0322,3904,26251.4%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to the Philippines in 2022:

  1. Thailand (948.5 tons)
  2. China (227.9 tons)
  3. Taiwan (Chinese) (64.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cellulose nitrates (including collodions); in primary forms - Philippines