Quinones; Anthraquinone Price in the Philippines - 2023
Contents:
- Quinones; Anthraquinone Price in the Philippines (CIF) - 2022
- Quinones; Anthraquinone Imports in the Philippines
Quinones; Anthraquinone Price in the Philippines (CIF) - 2022
In 2022, the average quinones; anthraquinone import price amounted to $10,626 per ton, rising by 3.5% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 121%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($213,406 per ton), while the price for China ($1,930 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+49.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Quinones; Anthraquinone Imports in the Philippines
In 2022, approx. 3 tons of quinones; anthraquinones were imported into the Philippines; which is down by -24.9% against the previous year. Over the period under review, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year.
In value terms, quinones; anthraquinone imports declined rapidly to $32K in 2022. Overall, imports faced a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year.
| Import of Quinones; Anthraquinone in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 43.6 | 17.1 | 33.4 | 26.2 | -15.6% |
| China | 18.2 | 5.4 | 7.3 | 5.6 | -32.5% |
| Others | 1.5 | 0.5 | 0.7 | 0.4 | -35.6% |
| Total | 63.3 | 23.0 | 41.5 | 32.2 | -20.2% |
Top Suppliers of Quinones; Anthraquinone to the Philippines in 2022:
- China (2.9 tons)
- France (0.1 tons)
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