Metals; Palladium, Semi-Manufactured Price in the Philippines - 2023
Contents:
- Metals; Palladium, Semi-Manufactured Price in the Philippines (CIF) - 2022
- Metals; Palladium, Semi-Manufactured Price in the Philippines (FOB) - 2022
- Metals; Palladium, Semi-Manufactured Imports in the Philippines
- Metals; Palladium, Semi-Manufactured Exports in the Philippines
Metals; Palladium, Semi-Manufactured Price in the Philippines (CIF) - 2022
In 2022, the average metals; palladium, semi-manufactured import price amounted to $5,562,917 per ton, which is down by -12.9% against the previous year. Over the period under review, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 147% against the previous year. Over the period under review, average import prices reached the maximum at $7,383,866 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 ($5,958,014 per ton), while the price for South Korea ($227,544 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-8.2%), while the prices for the other major suppliers experienced a decline.
Metals; Palladium, Semi-Manufactured Price in the Philippines (FOB) - 2022
The average metals; palladium, semi-manufactured export price stood at $3,307,055 per ton in 2022, surging by 30% against the previous year. In general, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 408% against the previous year. As a result, the export price reached the peak level of $7,987 per kg. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,175,579 per ton), while the average price for exports to Japan ($2,109,822 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 Germany (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Metals; Palladium, Semi-Manufactured Imports in the Philippines
In 2022, the amount of metals; palladium, semi-manufactureds imported into the Philippines surged to 215 kg, jumping by 89% compared with the previous year's figure. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,038% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, metals; palladium, semi-manufactured imports surged to $1.2M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 993% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Metals; Palladium, Semi-Manufactured in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.7 | 404 | 686 | 1,114 | 570.2% |
| United States | 23.3 | 20.4 | 22.6 | 42.5 | 22.2% |
| Hong Kong SAR | 7.6 | 12.7 | 16.9 | 27.4 | 53.3% |
| Vietnam | 5.7 | 7.2 | 2.3 | 9.9 | 20.2% |
| Others | 0.4 | 1.6 | 2.9 | 1.7 | 62.0% |
| Total | 40.8 | 446 | 731 | 1,196 | 208.3% |
Top Suppliers of Metals; Palladium, Semi-Manufactured to the Philippines in 2022:
- Japan (190.0 kg)
- Hong Kong SAR (10.0 kg)
- United States (7.0 kg)
- Vietnam (4.0 kg)
Metals; Palladium, Semi-Manufactured Exports in the Philippines
After three years of growth, overseas shipments of metals; palladium, semi-manufactureds decreased by -4.4% to 153 kg in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 322%.
In value terms, metals; palladium, semi-manufactured exports surged to $507K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,042% against the previous year. As a result, the exports attained the peak of $606K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Metals; Palladium, Semi-Manufactured in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 7.3 | 17.1 | 194 | 194 | 198.4% |
| United States | 8.9 | 19.2 | 201 | 186 | 175.4% |
| Germany | 12.1 | 13.3 | 6.5 | 127 | 118.9% |
| South Korea | N/A | 556 | N/A | N/A | 0% |
| Others | N/A | N/A | 6.5 | N/A | 0% |
| Total | 28.3 | 606 | 409 | 507 | 161.7% |
Top Export Markets for Metals; Palladium, Semi-Manufactured from the Philippines in 2022:
- Japan (92.0 kg)
- United States (36.0 kg)
- Germany (26.0 kg)
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This report provides an in-depth analysis of the platinum market in the Philippines.
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This report provides an in-depth analysis of the global platinum market.
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This report provides an in-depth analysis of the platinum market in the Philippines.
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This report provides an in-depth analysis of the global platinum market.
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Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
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In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
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In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
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In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
201
Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
3034
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
1616
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
2055
In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
