Philippines - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPig Iron Articles Price in the Philippines - 2023
Contents:
- Pig Iron Articles Price in the Philippines (CIF) - 2023
- Pig Iron Articles Price in the Philippines (FOB) - 2022
- Pig Iron Articles Imports in the Philippines
- Pig Iron Articles Exports in the Philippines
Pig Iron Articles Price in the Philippines (CIF) - 2023
The average pig iron articles import price stood at $9,074 per ton in June 2023, shrinking by -29.7% against the previous month. Over the period under review, the import price, however, posted a remarkable increase. The growth pace was the most rapid in December 2022 when the average import price increased by 175% against the previous month. Over the period under review, average import prices attained the maximum at $16,199 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($77,195 per ton), while the price for China ($1,309 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+39.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pig Iron Articles Price in the Philippines (FOB) - 2022
In 2022, the average pig iron articles export price amounted to $388 per ton, dropping by -34.9% against the previous year. Over the period under review, the export price recorded a deep reduction. The growth pace was the most rapid in 2016 when the average export price increased by 123%. As a result, the export price reached the peak level of $1,922 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($5,852 per ton), while the average price for exports to Malaysia ($329 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 Vietnam (+20.6%), while the prices for the other major destinations experienced mixed trend patterns.
Pig Iron Articles Imports in the Philippines
For the fourth year in a row, the Philippines recorded growth in supplies from abroad of granules and powders of pig iron, which increased by 177% to 17K tons in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pig iron articles imports skyrocketed to $29M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Pig Iron Articles in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.1 | 1.4 | 2.7 | 8.3 | 96.1% |
Japan | 0.3 | 1.4 | 2.2 | 6.7 | 181.6% |
South Korea | 1.3 | 1.4 | 1.7 | 4.5 | 51.3% |
Singapore | N/A | 0.4 | 0.8 | 2.4 | 144.9% |
Canada | 0.3 | 0.3 | 0.5 | 1.8 | 81.7% |
Sweden | 0.3 | 0.4 | 0.3 | 1.2 | 58.7% |
Belgium | 0.2 | 0.3 | 0.1 | 1.0 | 71.0% |
Thailand | 0.3 | 0.2 | 0.3 | 0.8 | 38.7% |
Italy | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
India | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
Others | 0.3 | 0.3 | 1.3 | 1.3 | 63.0% |
Total | 4.4 | 6.2 | 10.1 | 29.0 | 87.5% |
Top Suppliers of Pig Iron Articles to the Philippines in 2022:
- China (4.4K tons)
- Japan (3.4K tons)
- Singapore (2.8K tons)
- Canada (1.9K tons)
- Sweden (1.5K tons)
- Italy (0.7K tons)
- Thailand (0.4K tons)
- India (0.3K tons)
- Belgium (0.3K tons)
- South Korea (0.3K tons)
Pig Iron Articles Exports in the Philippines
In 2022, the amount of granules and powders of pig iron exported from the Philippines skyrocketed to 5.4K tons, growing by 165% on 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 319% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, pig iron articles exports soared to $2.1M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 240% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Pig Iron Articles in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 113 | 175 | 357 | 1,561 | 139.9% |
Thailand | 13.9 | 10.6 | 90.3 | 377 | 200.5% |
Japan | 94.8 | 102 | 137 | 96.1 | 0.5% |
Others | 12.8 | 71.6 | 637 | 73.9 | 79.4% |
Total | 234 | 359 | 1,222 | 2,108 | 108.1% |
Top Export Markets for Pig Iron Articles from the Philippines in 2022:
- Japan (undefinedK tons)
- Malaysia (4.7K tons)
- Thailand (0.6K tons)
This report provides an in-depth analysis of the pig iron articles market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24101410 - Granules and powders, of pig iron, spiegeleisen, iron or steel
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the pig iron articles market in the Philippines.
This report provides an in-depth analysis of the global pig iron articles market.
This report provides an in-depth analysis of the pig iron articles market in the Philippines.
This report provides an in-depth analysis of the global pig iron articles market.
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...