Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines - 2023
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines (FOB) - 2022
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines (CIF) - 2022
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines (FOB) - 2022
In 2022, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,111 per ton, picking up by 65% against the previous year. Over the period under review, the export price, however, saw a slight decline. Over the period under review, the average export prices reached the peak figure at $1,287 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($1,269 per ton), while the average price for exports to Indonesia ($1,045 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+45.5%), while the prices for the other major destinations experienced a decline.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines (CIF) - 2022
In 2022, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,440 per ton, growing by 95% against the previous year. In general, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of 395%. The import price peaked at $9,944 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($4,875 per ton), while the price for China stood at $1,399 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines
In 2022, cyclic hydrocarbons; mixed xylene isomers exports from the Philippines plummeted to 5.8K tons, declining by -38.8% on 2021. In general, exports continue to indicate a sharp shrinkage.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports reached $6.5M in 2022. The total export value increased at an average annual rate of +1.1% from 2021 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Indonesia | 2.2 | 3.0 | 36.4% | ||
| Singapore | 2.5 | 2.3 | -8.0% | ||
| Malaysia | N/A | 1.2 | 0% | ||
| Brunei Darussalam | 0.7 | N/A | 0% | ||
| India | 1.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 6.4 | 6.5 | 1.6% | ||
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from the Philippines in 2022:
- Indonesia (2.9K tons)
- Singapore (2.0K tons)
- Malaysia (0.9K tons)
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines
In 2022, imports of cyclic hydrocarbons; mixed xylene isomerses into the Philippines expanded significantly to 1.2K tons, increasing by 9.5% on 2021. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.6%.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports surged to $1.7M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 337 | 22.9 | 758 | 1,649 | 69.8% |
| South Korea | 507 | 733 | N/A | 0.1 | -94.2% |
| Japan | 760 | N/A | N/A | N/A | 0% |
| Others | 163 | 49.0 | 55.8 | 91.2 | -17.6% |
| Total | 1,767 | 805 | 814 | 1,740 | -0.5% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to the Philippines in 2022:
- South Korea (undefined tons)
- China (1178.5 tons)
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