Price for Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines (CIF) - 2022
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines
Price for Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines (CIF) - 2022
The average import price for ketone-phenols and ketones with other oxygen functia stood at $1,297 per ton in 2022, shrinking by -19.2% against the previous year. Overall, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 31%. Over the period under review, average import prices attained the maximum at $11,337 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($10,694 per ton), while the price for Thailand ($785 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $280,400 per ton, leveling off at the previous year. Overall, the export price saw significant growth. The pace of growth was the most pronounced in 2021 a decrease of 99.9%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2014 to 2022, the rate of growth in terms of prices for Thailand amounted to +58.6% per year.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines
In 2022, the amount of ketone-phenols and ketones with other oxygen functia imported into the Philippines soared to 1.2K tons, jumping by 83% compared with 2021 figures. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ketone-phenols and ketones with other oxygen functia surged to $1.5M in 2022. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 89%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 268 | 331 | 552 | 861 | 47.6% |
| China | 472 | 65.8 | 217 | 367 | -8.0% |
| Taiwan (Chinese) | 12.8 | 24.2 | 85.2 | 76.7 | 81.6% |
| Others | 176 | 117 | 164 | 202 | 4.7% |
| Total | 928 | 537 | 1,018 | 1,506 | 17.5% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to the Philippines in 2022:
- Thailand (1097.2 tons)
- China (34.3 tons)
- Taiwan (Chinese) (18.3 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines
In 2022, exports of ketone-phenols and ketones with other oxygen functia from the Philippines amounted to 5 kg, leveling off at 2021. Over the period under review, exports continue to indicate a dramatic descent. The smallest decline of 99.9% was in 2021.
In value terms, exports of ketone-phenols and ketones with other oxygen functia totaled $1.4K in 2022. Overall, exports continue to indicate a dramatic descent. The smallest decline of 99.9% was in 2021.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Thailand | 2.8 | N/A | 1.4 | -29.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.8 | N/A | 1.4 | -29.3% | |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from the Philippines in 2022:
- Thailand (5.0 kg)
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