Price for Lead Oxides; Red Lead and Orange Lead in the Philippines - 2023
Contents:
- Price for Lead Oxides; Red Lead and Orange Lead in the Philippines (CIF) - 2022
- Price for Lead Oxides; Red Lead and Orange Lead in the Philippines (FOB) - 2022
- Imports of Lead Oxides; Red Lead and Orange Lead in the Philippines
- Exports of Lead Oxides; Red Lead and Orange Lead in the Philippines
Price for Lead Oxides; Red Lead and Orange Lead in the Philippines (CIF) - 2022
In 2022, the average import price for lead oxides; red lead and orange leads amounted to $4,766 per ton, surging by 53% against the previous year. Overall, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 61%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($26,210 per ton), while the price for China ($356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lead Oxides; Red Lead and Orange Lead in the Philippines (FOB) - 2022
The average export price for lead oxides; red lead and orange leads stood at $1,469 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a mild slump. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -72.8% against the previous year. The export price peaked at $6,452 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -72.7% per year.
Imports of Lead Oxides; Red Lead and Orange Lead in the Philippines
Imports of lead oxides; red lead and orange leads into the Philippines fell markedly to 297 tons in 2022, waning by -21.4% compared with 2021 figures. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of 378 tons, and then shrank markedly in the following year.
In value terms, imports of lead oxides; red lead and orange leads surged to $1.4M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Lead Oxides; Red Lead and Orange Lead in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 80.2 | 85.4 | 197 | 705 | 106.4% |
| Singapore | 64.6 | 125 | 185 | 271 | 61.3% |
| Taiwan (Chinese) | 341 | 189 | 352 | 269 | -7.6% |
| Japan | 34.4 | 21.5 | 22.3 | 94.9 | 40.2% |
| United States | 99.5 | 33.7 | 49.3 | 35.6 | -29.0% |
| Australia | 149 | 10.5 | 5.1 | 29.3 | -41.8% |
| China | 15.2 | 3.3 | 14.2 | 9.6 | -14.2% |
| South Korea | 29.3 | 73.1 | 107 | N/A | 91.1% |
| Sri Lanka | 39.3 | 27.4 | 42.6 | N/A | 4.1% |
| Malaysia | 33.2 | 22.7 | 33.4 | N/A | 0.3% |
| India | 9.3 | 13.0 | 28.7 | N/A | 75.7% |
| South Africa | 52.4 | 27.0 | 26.3 | N/A | -29.2% |
| Others | 85.9 | 67.8 | 116 | 1.3 | -75.3% |
| Total | 1,033 | 700 | 1,179 | 1,416 | 11.1% |
Top Suppliers of Lead Oxides; Red Lead and Orange Lead to the Philippines in 2022:
- Taiwan (Chinese) (140.0 tons)
- Thailand (89.2 tons)
- China (26.9 tons)
- Australia (20.7 tons)
- Singapore (10.3 tons)
- Japan (6.2 tons)
- United States (3.6 tons)
Exports of Lead Oxides; Red Lead and Orange Lead in the Philippines
In 2022, overseas shipments of lead oxides; red lead and orange leads decreased by 0% to 142 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 884%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of lead oxides; red lead and orange leads totaled $209K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 167% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Lead Oxides; Red Lead and Orange Lead in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 209 | 0% |
| United Kingdom | 11.9 | 64.3 | N/A | N/A | 440.3% |
| Others | 12.2 | N/A | N/A | N/A | 0% |
| Total | 24.1 | 64.3 | N/A | 209 | 105.5% |
Top Export Markets for Lead Oxides; Red Lead and Orange Lead from the Philippines in 2022:
- Vietnam (142.1 tons)
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