Price for Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines - 2023
Contents:
- Price for Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines (CIF) - 2022
- Price for Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines (FOB) - 2022
- Imports of Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines
- Exports of Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines
Price for Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines (CIF) - 2022
In 2022, the average import price for vermiculite, perlite and chlorites; unexpandeds amounted to $474 per ton, with an increase of 53% against the previous year. Over the period under review, the import price showed a notable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 80%. As a result, import price attained the peak level of $895 per ton. From 2015 to 2022, the average 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 Taiwan (Chinese) ($764 per ton), while the price for China amounted to $449 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines (FOB) - 2022
In 2022, the average export price for vermiculite, perlite and chlorites; unexpandeds amounted to $158 per ton, with an increase of 1.7% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. Over the period under review, the average export prices hit record highs at $208 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +43.3% per year.
Imports of Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines
In 2022, vermiculite, perlite and chlorites; unexpanded imports into the Philippines amounted to 529 tons, picking up by 6% compared with 2021. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, vermiculite, perlite and chlorites; unexpanded imports skyrocketed to $251K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 118 | 93.8 | 135 | 219 | 22.9% |
| Taiwan (Chinese) | 4.3 | 2.1 | 19.7 | 32.0 | 95.2% |
| United States | N/A | 16.2 | N/A | N/A | 0% |
| Others | 6.2 | 1.9 | N/A | N/A | -69.4% |
| Total | 129 | 114 | 155 | 251 | 24.8% |
Top Suppliers of Vermiculite, Perlite and Chlorites; Unexpanded to the Philippines in 2022:
- China (487.1 tons)
- Taiwan (Chinese) (41.8 tons)
Exports of Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines
After three years of growth, overseas shipments of vermiculite, perlite and chlorites; unexpandeds decreased by -2.2% to 574 tons in 2022. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 4.6%.
In value terms, vermiculite, perlite and chlorites; unexpanded exports reduced to $90K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 1.1% against the previous year. As a result, the exports attained the peak of $91K, leveling off in the following year.
| Export of Vermiculite, Perlite and Chlorites; Unexpanded in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 87.5 | 90.0 | 89.2 | 90.5 | 1.1% |
| Others | 1.5 | N/A | 1.8 | N/A | 9.5% |
| Total | 89.0 | 90.0 | 91.0 | 90.5 | 0.6% |
Top Export Markets for Vermiculite, Perlite and Chlorites; Unexpanded from the Philippines in 2022:
- Taiwan (Chinese) (573.9 tons)
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