Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines - 2024

Contents:

1. Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines (FOB) - 2022
2. Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines (CIF) - 2022
3. Exports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines
4. Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines

Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines (FOB) - 2022

The average export price for base metals clad with silver; not further worked than semi-manufactured stood at $52,271 per ton in 2022, rising by 55% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $55,420 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +0.7% per year.

Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines (CIF) - 2022

In 2022, the average import price for base metals clad with silver; not further worked than semi-manufactured amounted to $67,084 per ton, declining by -83.1% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 386%. As a result, import price attained the peak level of $396,333 per ton, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($228,450 per ton), while the price for China totaled $24,053 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.3%), while the prices for the other major suppliers experienced a decline.

Exports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines

In 2022, overseas shipments of base metals clad with silver; not further worked than semi-manufactured decreased by -61.1% to 1.9 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of base metals clad with silver; not further worked than semi-manufactured contracted markedly to $100K in 2022. Overall, exports recorded a sharp downturn. The smallest decline of -31% was in 2020.

Top Export Markets for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured from the Philippines in 2022:

1. Japan (1.9 tons)

Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the Philippines

In 2022, after two years of decline, there was significant growth in supplies from abroad of base metals clad with silver; not further worked than semi-manufactured, when their volume increased by 1,483% to 95 kg. In general, imports, however, recorded a precipitous slump.

In value terms, imports of base metals clad with silver; not further worked than semi-manufactured soared to $6.4K in 2022. Over the period under review, imports, however, recorded a dramatic slump.

Top Suppliers of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured to the Philippines in 2022:

1. China (75.0 kg)
2. United States (20.0 kg)

Source: IndexBox Market Intelligence Platform