Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in the Philippines - 2023
Contents:
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines (CIF) - 2022
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines (FOB) - 2023
- Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines
- Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines (CIF) - 2022
In 2022, the average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $303 per ton, picking up by 28% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($409 per ton), while the price for Vietnam ($190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines (FOB) - 2023
In September 2023, the average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $12,312 per ton, growing by 29% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $15,509 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Kuwait ($13,312 per ton), while the average price for exports to the United States ($11,715 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+116.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines
In 2022, purchases abroad of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates was finally on the rise to reach 319K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $96M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.3 | 31.8 | 27.8 | 49.5 | 11.9% |
| United States | 18.5 | 13.3 | 14.0 | 23.7 | 8.6% |
| Vietnam | 2.6 | 2.9 | 4.0 | 4.6 | 20.9% |
| Kenya | 0.8 | 2.8 | 2.3 | 3.5 | 63.6% |
| India | 0.1 | 1.8 | 3.5 | 3.4 | 224.0% |
| Turkey | 5.3 | 4.0 | 2.1 | 2.4 | -23.2% |
| Malaysia | 1.6 | 0.7 | 1.1 | 1.0 | -14.5% |
| Others | 8.1 | 8.8 | 10.0 | 8.2 | 0.4% |
| Total | 72.3 | 66.0 | 64.8 | 96.4 | 10.1% |
Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to the Philippines in 2022:
- China (186.0K tons)
- United States (57.9K tons)
- Vietnam (24.4K tons)
- Kenya (15.1K tons)
- India (11.8K tons)
- Turkey (6.3K tons)
- Malaysia (4.6K tons)
Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines
In 2022, approx. 3.9K tons of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates were exported from the Philippines; growing by 102% against the previous year. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates skyrocketed to $36M in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 7.5 | 6.5 | 7.4 | 20.6 | 40.0% |
| United States | 0.6 | 0.6 | 7.6 | 12.9 | 178.1% |
| China | 0.6 | N/A | 0.4 | 2.0 | 49.4% |
| Japan | 1.2 | 0.5 | 0.2 | 0.5 | -25.3% |
| Others | 0.5 | 0.2 | 0.1 | N/A | -55.3% |
| Total | 10.4 | 7.8 | 15.6 | 36.1 | 51.4% |
Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from the Philippines in 2022:
- China (1509.5 tons)
- Belgium (1415.2 tons)
- United States (924.9 tons)
- Japan (39.6 tons)
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