Price for Ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ether in the Philippines - 2023

Contents:

  1. Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines (CIF) - 2022
  2. Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines (FOB) - 2022
  3. Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines
  4. Exports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines

Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines (CIF) - 2022

In 2022, the average import price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers amounted to $10,802 per ton, surging by 27% against the previous year. Over the period under review, the import price showed resilient growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $11,144 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 ($17,667 per ton), while the price for Germany ($4,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines (FOB) - 2022

The average export price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers stood at $3,918 per ton in 2022, leveling off at the previous year. Over the period under review, the export price, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 90% against the previous year. The export price peaked at $15,059 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Micronesia.

From 2012 to 2022, the rate of growth in terms of prices for Micronesia amounted to +2.8% per year.

Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines

In 2022, approx. 3.1 tons of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers were imported into the Philippines; with a decrease of -21.4% compared with 2021 figures. Over the period under review, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 149%.

In value terms, imports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers fell slightly to $34K in 2022. In general, imports showed a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year.

Import of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand11.31.32.123.828.2%
MalaysiaN/AN/AN/A7.20%
Japan14.30.11.61.6-51.8%
Germany1.90.52.50.6-31.9%
Singapore11.31.65.70.3-70.2%
China8.71.24.3N/A-29.7%
United States12310.713.8N/A-66.5%
Australia1.70.20.6N/A-40.6%
Others33.52.13.2N/A-69.1%
Total20617.733.733.5-45.4%

Top Suppliers of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether to the Philippines in 2022:

  1. Thailand (2346.0 kg)
  2. Malaysia (512.0 kg)
  3. Germany (127.0 kg)
  4. Japan (90.0 kg)
  5. Singapore (27.0 kg)

Exports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines

Exports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers from the Philippines stood at 13 tons in 2022, approximately mirroring 2021 figures. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers totaled $53K in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year.

Export of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Micronesia54.025.252.452.6-0.9%
SpainN/A2.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total54.027.452.452.6-0.9%

Top Export Markets for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether from the Philippines in 2022:

  1. Micronesia (13.4 tons)

Source: IndexBox Market Intelligence Platform

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