Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in the Philippines - 2023

Contents:

  1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in the Philippines (CIF) - 2022
  2. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in the Philippines

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in the Philippines (CIF) - 2022

In 2022, the average import price for imides and their derivatives; other kinds, excluding saccharins amounted to $28,007 per ton, growing by 187% against the previous year. Over the period under review, the import price posted a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 India ($28,376 per ton), while the price for China totaled $16,060 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in the Philippines

In 2022, approx. 15 tons of imides and their derivatives; other kinds, excluding saccharins were imported into the Philippines; with an increase of 38% on 2021 figures. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins skyrocketed to $415K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.20.20.43891148.3%
China0.20.50.413.3305.1%
Belgium16.729.749.3N/A71.8%
United Kingdom38.247.652.1N/A16.8%
Others39.11.12.413.3-30.2%
Total94.379.110541563.9%

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to the Philippines in 2022:

  1. India (13.7 tons)
  2. China (0.8 tons)

Source: IndexBox Market Intelligence Platform

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