Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines (CIF) - 2022
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines (FOB) - 2022
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines (CIF) - 2022
The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $42,938 per ton in 2022, waning by -50.7% against the previous year. Over the period under review, the import price showed a abrupt downturn. The growth pace was the most rapid in 2014 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the maximum at $134,219 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Singapore ($150,444 per ton), while the price for China stood at $35,876 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.6%), while the prices for the other major suppliers experienced a decline.
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines (FOB) - 2022
In 2022, the average export price for glycosides; rutoside (rutin) and its derivativeses amounted to $66,000 per ton, remaining constant against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +14.6%. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2020 to 2022, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines
After two years of decline, purchases abroad of glycosides; rutoside (rutin) and its derivativeses increased by 441% to 146 kg in 2022. Overall, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses soared to $6.3K in 2022. Over the period under review, imports, however, showed a abrupt setback.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | N/A | N/A | 4.9 | 265.9% |
| Singapore | N/A | N/A | N/A | 1.4 | 0% |
| Switzerland | 10.0 | 5.4 | 2.3 | N/A | -52.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.1 | 5.4 | 2.4 | 6.3 | -14.6% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to the Philippines in 2022:
- China (137.0 kg)
- Singapore (9.0 kg)
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines
In 2022, approx. 2 kg of glycosides; rutoside (rutin) and its derivativeses were exported from the Philippines; remaining stable against the previous year's figure. In general, exports showed a precipitous decrease. The smallest decline of -50% was in 2021.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses totaled $132 in 2022. Over the period under review, exports showed a abrupt descent. The smallest decline of -34.3% was in 2021.
| Export of Glycosides; Rutoside (Rutin) and Its Derivatives in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Denmark | N/A | 66.0 | 66.0 | 0.0% | |
| Ireland | 101 | N/A | N/A | 0% | |
| Others | 100 | 66.0 | 66.0 | -18.8% | |
| Total | 201 | 132 | 132 | -19.0% | |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from the Philippines in 2022:
- Denmark (1.0 kg)
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