Price for Pumice Stone, Whether or Not Heat Treated in the Philippines - 2023

Contents:

  1. Price for Pumice Stone, Whether or Not Heat Treated in the Philippines (CIF) - 2022
  2. Price for Pumice Stone, Whether or Not Heat Treated in the Philippines (FOB) - 2022
  3. Imports of Pumice Stone, Whether or Not Heat Treated in the Philippines
  4. Exports of Pumice Stone, Whether or Not Heat Treated in the Philippines

Price for Pumice Stone, Whether or Not Heat Treated in the Philippines (CIF) - 2022

In 2022, the average import price for pumice stone, whether or not heat treated amounted to $1,409 per ton, growing by 7.5% against the previous year. Overall, the import price, however, showed a precipitous descent. The growth pace was the most rapid in 2021 when the average import price increased by 97% against the previous year. The import price peaked at $36,716 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Finland ($1,476 per ton), while the price for Taiwan (Chinese) ($198 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-48.5%), while the prices for the other major suppliers experienced a decline.

Price for Pumice Stone, Whether or Not Heat Treated in the Philippines (FOB) - 2022

In 2022, the average export price for pumice stone, whether or not heat treated amounted to $130 per ton, picking up by 18% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26% against the previous year. As a result, the export price attained the peak level of $194 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($144 per ton), while the average price for exports to South Korea totaled $120 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.3%), while the prices for the other major destinations experienced a decline.

Imports of Pumice Stone, Whether or Not Heat Treated in the Philippines

Imports of pumice stone, whether or not heat treated into the Philippines skyrocketed to 34 tons in 2022, with an increase of 44% compared with 2021. Over the period under review, imports, however, saw a noticeable decrease. The growth pace was the most rapid in 2020 with an increase of 246%. As a result, imports reached the peak of 137 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of pumice stone, whether or not heat treated skyrocketed to $48K in 2022. In general, imports, however, continue to indicate a precipitous slump.

Import of Pumice Stone, Whether or Not Heat Treated in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/AN/A36.90%
United States25.9N/AN/A9.9-27.4%
Taiwan (Chinese)0.1N/AN/A0.344.2%
ThailandN/AN/A17.4N/A0%
Japan69.6N/AN/AN/A0%
Turkey5.191.17.8N/A23.7%
OthersN/AN/A5.80.8-86.2%
Total10191.131.148.0-22.0%

Top Suppliers of Pumice Stone, Whether or Not Heat Treated to the Philippines in 2022:

  1. Finland (25.0 tons)
  2. United States (7.4 tons)
  3. Taiwan (Chinese) (1.5 tons)

Exports of Pumice Stone, Whether or Not Heat Treated in the Philippines

After two years of decline, overseas shipments of pumice stone, whether or not heat treated increased by 15% to 113 tons in 2022. Overall, exports, however, showed a significant curtailment.

In value terms, exports of pumice stone, whether or not heat treated surged to $15K in 2022. In general, exports, however, continue to indicate a sharp downturn.

Export of Pumice Stone, Whether or Not Heat Treated in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea37.512.37.97.7-41.0%
SingaporeN/AN/A3.07.1136.7%
China32.1N/AN/AN/A0%
Taiwan (Chinese)19.47.8N/AN/A-59.8%
Others1.70.1N/AN/A-94.1%
Total90.720.310.914.7-45.5%

Top Export Markets for Pumice Stone, Whether or Not Heat Treated from the Philippines in 2022:

  1. South Korea (64.0 tons)
  2. Singapore (49.0 tons)

Source: IndexBox Market Intelligence Platform

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