Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines - 2023
Contents:
- Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines (CIF) - 2022
- Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines (FOB) - 2022
- Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines
- Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines
Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines (CIF) - 2022
In 2022, the average import price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $9,761 per ton, rising by 11% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses increased by +43.6% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 36%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($22,335 per ton), while the price for Singapore ($3,977 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines (FOB) - 2022
In 2022, the average export price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $1,655 per ton, which is down by -97.8% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 1,116% against the previous year. Over the period under review, the average export prices reached the maximum at $118,523 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Papua New Guinea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +2,600.0% per year.
Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines
In 2022, the amount of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses imported into the Philippines reduced slightly to 3.7K tons, with a decrease of -3.4% on the previous year's figure. Over the period under review, imports saw a mild decrease. The growth pace was the most rapid in 2021 when imports increased by 3.2% against the previous year. As a result, imports attained the peak of 3.8K tons, and then fell modestly in the following year.
In value terms, imports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses expanded markedly to $36M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | 11.6 | 10.9 | 12.1 | -2.9% |
| India | 5.6 | 7.2 | 5.5 | 8.8 | 16.3% |
| Indonesia | 3.2 | 2.9 | 5.2 | 5.8 | 21.9% |
| Japan | 1.8 | 1.7 | 2.7 | 2.7 | 14.5% |
| Singapore | 1.3 | 1.4 | 1.4 | 1.1 | -5.4% |
| United States | 0.7 | 1.9 | 0.9 | 0.7 | 0.0% |
| Germany | 0.5 | 0.6 | 0.5 | 0.6 | 6.3% |
| South Korea | 0.6 | 0.5 | 2.1 | 0.6 | 0.0% |
| Others | 4.7 | 4.9 | 4.2 | 3.6 | -8.5% |
| Total | 31.7 | 32.6 | 33.6 | 36.1 | 4.4% |
Top Suppliers of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts to the Philippines in 2022:
- China (1315.0 tons)
- Indonesia (785.0 tons)
- Japan (539.3 tons)
- India (395.2 tons)
- Singapore (286.7 tons)
- United States (80.1 tons)
- Germany (60.9 tons)
- South Korea (50.7 tons)
Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines
In 2022, shipments abroad of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses decreased by -97.4% to 1.2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 475%. As a result, the exports attained the peak of 46 tons, and then declined sharply in the following year.
In value terms, exports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses declined markedly to $2K in 2022. In general, exports showed a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 6,894%. As a result, the exports reached the peak of $3.5M, and then declined significantly in the following year.
| Export of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | N/A | N/A | 9.8 | 2.0 | -79.6% |
| South Korea | N/A | N/A | 2,932 | N/A | 0% |
| Thailand | 1.8 | 49.4 | N/A | N/A | 2644.4% |
| Malaysia | 97.4 | N/A | 425 | N/A | 108.9% |
| Singapore | N/A | N/A | 120 | N/A | 0% |
| Others | 2.0 | 0.4 | 0.2 | N/A | -68.4% |
| Total | 101 | 49.9 | 3,487 | 2.0 | -72.9% |
Top Export Markets for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts from the Philippines in 2022:
- Papua New Guinea (1.2 tons)
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