Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in the Philippines - 2023

Contents:

  1. Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in the Philippines (CIF) - 2022
  2. Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in the Philippines

Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in the Philippines (CIF) - 2022

The average import price for organo-sulphur compounds; thiocarbamates and dithiocarbamateses stood at $2,528 per ton in 2022, jumping by 37% against the previous year. In general, the import price, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 103%. Over the period under review, average import prices reached the maximum at $3,371 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Australia ($5,143 per ton), while the price for the United States ($2,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%), while the prices for the other major suppliers experienced a decline.

Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in the Philippines

After two years of decline, purchases abroad of organo-sulphur compounds; thiocarbamates and dithiocarbamateses increased by 433% to 863 tons in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, organo-sulphur compounds; thiocarbamates and dithiocarbamates imports soared to $2.2M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A39.1N/A1,977611.1%
AustraliaN/AN/AN/A1440%
China8.720219443.771.3%
South Korea23596.115.8N/A-74.1%
Others2.054.389.816.6102.5%
Total2463922992,181107.0%

Top Suppliers of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates to the Philippines in 2022:

  1. United States (809.9 tons)
  2. Australia (28.0 tons)
  3. China (15.8 tons)

Source: IndexBox Market Intelligence Platform

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