Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in the Philippines - 2023
Contents:
- Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in the Philippines (CIF) - 2022
- Imports of Fluorides; Other than of Ammonium or Sodium or Aluminium in the Philippines
Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in the Philippines (CIF) - 2022
In 2022, the average import price for fluorides; other than of ammonium or sodium or aluminia amounted to $2,430 per ton, falling by -39% against the previous year. Over the period under review, the import price saw a slight reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 105% against the previous year. As a result, import price reached the peak level of $3,986 per ton, and then dropped markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($7,023 per ton), while the price for China ($1,872 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fluorides; Other than of Ammonium or Sodium or Aluminium in the Philippines
Imports of fluorides; other than of ammonium or sodium or aluminia into the Philippines surged to 343 tons in 2022, picking up by 70% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 81%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of fluorides; other than of ammonium or sodium or aluminia rose slightly to $833K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Fluorides; Other than of Ammonium or Sodium or Aluminium in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 236 | 296 | 290 | 596 | 36.2% |
| Japan | 52.2 | 47.4 | 174 | 91.7 | 20.7% |
| Belgium | 8.2 | 14.6 | 33.6 | 45.0 | 76.4% |
| Singapore | 63.6 | 37.7 | 18.1 | 2.0 | -68.4% |
| Malaysia | N/A | 73.6 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 129 | N/A | 0% |
| Others | 67.2 | 176 | 159 | 98.6 | 13.6% |
| Total | 427 | 645 | 803 | 833 | 25.0% |
Top Suppliers of Fluorides; Other than of Ammonium or Sodium or Aluminium to the Philippines in 2022:
- China (318.2 tons)
- Japan (13.1 tons)
- Belgium (7.8 tons)
- Singapore (0.6 tons)
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