Price for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in the Philippines - 2023

Contents:

  1. Price for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in the Philippines (CIF) - 2023
  2. Imports of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in the Philippines

Price for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in the Philippines (CIF) - 2023

The average import price for hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses stood at $1,471 per ton in September 2023, with an increase of 18% against the previous month. In general, import price indicated temperate growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses increased by +20.7% against June 2023 indices. The pace of growth was the most pronounced in February 2023 when the average import price increased by 47% month-to-month. The import price peaked at $1,609 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($2,535 per ton), while the price for China amounted to $1,254 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+3.1%).

Imports of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in the Philippines

Imports of hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses into the Philippines skyrocketed to 14K tons in 2022, with an increase of 20% against 2021. Overall, imports, however, saw a perceptible slump.

In value terms, imports of hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses surged to $16M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern.

Import of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.84.54.110.540.3%
Japan11.69.39.35.2-23.5%
Others0.80.10.10.2-37.0%
Total16.314.013.515.9-0.8%

Top Suppliers of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites to the Philippines in 2022:

  1. China (10.9K tons)
  2. Japan (2.9K tons)

Source: IndexBox Market Intelligence Platform

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