Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Philippines - 2023
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Philippines (CIF) - 2022
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Philippines
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Philippines (CIF) - 2022
The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,335 per ton in 2022, increasing by 46% against the previous year. In general, the import price enjoyed prominent growth. The growth pace was the most rapid in 2018 an increase of 57%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,191 per ton), while the price for China ($375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Philippines
In 2022, approx. 8.3 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into the Philippines; with a decrease of -96.5% against 2021 figures. In general, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 4.9%.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses plummeted to $11K in 2022. Overall, imports faced a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 3.0 | 2.3 | 3.7 | 5.8 | 24.6% |
| United States | 14.3 | 6.6 | 2.6 | 2.6 | -43.3% |
| China | 1.0 | 0.9 | 1.5 | 2.6 | 37.5% |
| Hong Kong SAR | 10.7 | 6.9 | 5.8 | N/A | -26.4% |
| Japan | 445 | 63.4 | 106 | N/A | -51.2% |
| South Africa | 112 | 86.7 | 86.5 | N/A | -12.1% |
| Taiwan (Chinese) | 16.1 | 2.5 | 10.4 | N/A | -19.6% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 602 | 170 | 217 | 11.0 | -73.7% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to the Philippines in 2022:
- China (6.9 tons)
- Singapore (1.1 tons)
- United States (0.3 tons)
658
This report provides an in-depth analysis of the pig iron market in the Philippines.
2075
This report provides an in-depth analysis of the iron and steel market in the Philippines.
4576
This report provides an in-depth analysis of the global pig iron market.
1130
This report provides an in-depth analysis of the global iron and steel market.
658
This report provides an in-depth analysis of the pig iron market in the Philippines.
2075
This report provides an in-depth analysis of the iron and steel market in the Philippines.
4576
This report provides an in-depth analysis of the global pig iron market.
1130
This report provides an in-depth analysis of the global iron and steel market.
253
Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.
2084
In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
1006
In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
228
Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
253
Discover the leading countries in the global import market for pig iron and the factors driving their high import volumes. Gain insights into the key players and trends shaping the industry.
2084
In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
1006
In 2016, the amount of pig iron imported worldwide stood at X tons, declining by -X% against the previous year figure. Overall, pig iron imports continue to indicate a drastic descent. The mos...
228
Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
