Price for Imines and Their Derivatives; Salts Thereof; Other than Chlordimeform (ISO) in the Philippines - 2023
Contents:
- Price for Imines and Their Derivatives; Salts Thereof; Other than Chlordimeform (ISO) in the Philippines (CIF) - 2023
- Imports of Imines and Their Derivatives; Salts Thereof; Other than Chlordimeform (ISO) in the Philippines
Price for Imines and Their Derivatives; Salts Thereof; Other than Chlordimeform (ISO) in the Philippines (CIF) - 2023
The average import price for imines and their derivatives; salts thereof; other than chlordimeform (ISO) stood at $3,939 per ton in July 2023, with a decrease of -3.8% against the previous month. Overall, the import price continues to indicate a pronounced setback. The growth pace was the most rapid in December 2022 an increase of 29% month-to-month. As a result, import price reached the peak level of $6,632 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was China ($3,959 per ton), while the price for India stood at $3,550 per ton.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-1.2%).
Imports of Imines and Their Derivatives; Salts Thereof; Other than Chlordimeform (ISO) in the Philippines
For the fourth consecutive year, the Philippines recorded growth in supplies from abroad of imines and their derivatives; salts thereof; other than chlordimeform (ISO), which increased by 85% to 709 tons in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of imines and their derivatives; salts thereof; other than chlordimeform (ISO) soared to $4.5M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Imines and Their Derivatives; Salts Thereof; Other than Chlordimeform (ISO) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 514 | 1,114 | 1,265 | 3,425 | 88.2% |
| India | 1,194 | 827 | 666 | 796 | -12.6% |
| South Korea | 4.5 | 0.8 | 1.1 | 104 | 184.8% |
| Others | 255 | 265 | 107 | 148 | -16.6% |
| Total | 1,967 | 2,207 | 2,038 | 4,473 | 31.5% |
Top Suppliers of Imines and Their Derivatives; Salts Thereof; Other than Chlordimeform (ISO) to the Philippines in 2022:
- China (565.7 tons)
- India (111.7 tons)
- South Korea (16.0 tons)
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