Price for Cermets; Articles Thereof, Including Waste and Scrap in the Philippines - 2024
Contents:
- Price for Cermets; Articles Thereof, Including Waste and Scrap in the Philippines (CIF) - 2022
- Price for Cermets; Articles Thereof, Including Waste and Scrap in the Philippines (FOB) - 2022
- Imports of Cermets; Articles Thereof, Including Waste and Scrap in the Philippines
- Exports of Cermets; Articles Thereof, Including Waste and Scrap in the Philippines
Price for Cermets; Articles Thereof, Including Waste and Scrap in the Philippines (CIF) - 2022
In 2022, the average import price for cermets; articles thereof, including waste and scrap amounted to $16,012 per ton, surging by 13% against the previous year. Over the period under review, the import price saw a buoyant increase. The growth pace was the most rapid in 2017 an increase of 87% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($145,045 per ton), while the price for China ($4,088 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cermets; Articles Thereof, Including Waste and Scrap in the Philippines (FOB) - 2022
The average export price for cermets; articles thereof, including waste and scrap stood at $28,166 per ton in 2020, remaining relatively unchanged against the previous year. In general, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 2,433% against the previous year. As a result, the export price attained the peak level of $51,697 per ton. From 2015 to 2020, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Singapore ($58,361 per ton), while the average price for exports to Japan ($21,910 per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+162.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cermets; Articles Thereof, Including Waste and Scrap in the Philippines
In 2022, the amount of cermets; articles thereof, including waste and scrap imported into the Philippines skyrocketed to 14 tons, picking up by 1,899% compared with the previous year's figure. Over the period under review, imports, however, saw a deep setback.
In value terms, imports of cermets; articles thereof, including waste and scrap soared to $230K in 2022. In general, imports, however, continue to indicate a abrupt downturn.
| Import of Cermets; Articles Thereof, Including Waste and Scrap in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 153 | 1.1 | 4.9 | 123 | -7.0% |
| United States | 87.1 | 3.4 | 4.1 | 78.6 | -3.4% |
| China | 0.4 | N/A | 0.1 | 1.9 | 68.1% |
| Thailand | 5.0 | 0.1 | 0.2 | 1.8 | -28.9% |
| Taiwan (Chinese) | 0.9 | N/A | 0.1 | 1.1 | 6.9% |
| Others | 31.4 | 0.1 | 0.9 | 23.6 | -9.1% |
| Total | 277 | 4.7 | 10.2 | 230 | -6.0% |
Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to the Philippines in 2022:
- United States (12.7 tons)
- Japan (0.8 tons)
- China (0.5 tons)
- Taiwan (Chinese) (0.1 tons)
Exports of Cermets; Articles Thereof, Including Waste and Scrap in the Philippines
In 2020, the amount of cermets; articles thereof, including waste and scrap exported from the Philippines surged to 652 kg, growing by 559% compared with 2019 figures. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cermets; articles thereof, including waste and scrap surged to $18K in 2020. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cermets; Articles Thereof, Including Waste and Scrap in the Philippines (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Japan | 0.4 | 11.5 | 2775.0% |
| Singapore | 1.4 | 5.7 | 307.1% |
| China | 0.7 | 1.2 | 71.4% |
| France | 0.3 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 2.8 | 18.4 | 557.1% |
Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from the Philippines in 2022:
- Japan (523.0 kg)
- Singapore (97.0 kg)
- China (32.0 kg)
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