Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines - 2023
Contents:
- Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines (CIF) - 2023
- Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines (FOB) - 2022
- Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines
- Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines
Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines (CIF) - 2023
The average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $6,283 per ton in September 2023, reducing by -28.9% against the previous month. Over the period under review, the import price showed a deep reduction. The growth pace was the most rapid in April 2023 when the average import price increased by 44% against the previous month. The import price peaked at $11,247 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($16,785 per ton), while the price for Venezuela ($4,942 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines (FOB) - 2022
The average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $6,712 per ton in 2022, picking up by 5% against the previous year. Overall, the export price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 2,274%. The export price peaked at $3,103,000 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($11,955 per ton), while the average price for exports to Japan amounted to $5,354 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines
In 2022, purchases abroad of carboxyamide-function compounds; amide-function compounds of carbonic acids was finally on the rise to reach 2.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a deep downturn.
In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids surged to $20M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 5.9 | 6.5 | 14.4 | 26.6% |
| Japan | 1.2 | 1.8 | 2.3 | 1.6 | 10.1% |
| Taiwan (Chinese) | 0.8 | 0.6 | 1.2 | 1.1 | 11.2% |
| India | 1.3 | 1.2 | 0.6 | 0.6 | -22.7% |
| South Korea | 0.4 | 0.1 | 0.4 | 0.3 | -9.1% |
| Singapore | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| United Kingdom | 0.3 | 0.7 | 0.8 | 0.2 | -12.6% |
| Australia | N/A | N/A | N/A | 0.2 | 0% |
| Thailand | 0.6 | 1.0 | 0.9 | 0.2 | -30.7% |
| Germany | 0.6 | N/A | 0.1 | 0.1 | -45.0% |
| Iran | 0.2 | N/A | N/A | N/A | 0% |
| Netherlands | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Others | 1.3 | 1.5 | 1.2 | 1.2 | -2.6% |
| Total | 14.5 | 13.4 | 14.3 | 20.1 | 11.5% |
Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to the Philippines in 2022:
- China (1453.4 tons)
- Taiwan (Chinese) (190.0 tons)
- South Korea (109.7 tons)
- Japan (107.6 tons)
- India (56.7 tons)
- Thailand (55.9 tons)
- Australia (46.0 tons)
- Singapore (33.6 tons)
- United Kingdom (31.3 tons)
- Netherlands (1.7 tons)
- Germany (1.4 tons)
Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines
In 2022, the amount of carboxyamide-function compounds; amide-function compounds of carbonic acids exported from the Philippines shrank sharply to 9 tons, falling by -29.9% compared with 2021. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 146%.
In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids declined rapidly to $60K in 2022. In general, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 112%. As a result, the exports attained the peak of $82K, and then declined notably in the following year.
| Export of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.3 | 22.5 | 0.7 | 38.3 | 50.2% |
| Germany | 2.9 | 13.6 | 3.5 | 22.1 | 96.8% |
| Thailand | 10.9 | 0.1 | N/A | N/A | -99.1% |
| Indonesia | 12.9 | N/A | 78.0 | N/A | 145.9% |
| Taiwan (Chinese) | 3.6 | 2.4 | N/A | N/A | -33.3% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 41.6 | 38.8 | 82.1 | 60.4 | 13.2% |
Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from the Philippines in 2022:
- Japan (7.2 tons)
- Germany (1.9 tons)
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