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Philippines - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Metal Articles Price in the Philippines - 2023
Contents:
- Threaded Metal Articles Price in the Philippines (CIF) - 2022
- Threaded Metal Articles Price in the Philippines (FOB) - 2022
- Threaded Metal Articles Imports in the Philippines
- Threaded Metal Articles Exports in the Philippines
Threaded Metal Articles Price in the Philippines (CIF) - 2022
The average threaded metal articles import price stood at $1,662 per ton in 2022, declining by -6.3% against the previous year. Overall, the import price saw a pronounced descent. The growth pace was the most rapid in 2015 an increase of 97% against the previous year. Over the period under review, average import prices reached the maximum at $4,359 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($20,063 per ton), while the price for China totaled $804 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.4%).
Threaded Metal Articles Price in the Philippines (FOB) - 2022
In 2022, the average threaded metal articles export price amounted to $2,334 per ton, reducing by -54.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 313% against the previous year. The export price peaked at $6,175 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($5,470 per ton), while the average price for exports to Papua New Guinea ($1,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.
Threaded Metal Articles Imports in the Philippines
In 2022, imports of threaded articles of iron or steel into the Philippines declined rapidly to 5.7K tons, with a decrease of -18.5% on the year before. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 27%.
In value terms, threaded metal articles imports declined notably to $9.4M in 2022. Over the period under review, imports saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 3% against the previous year.
Import of Threaded Metal Articles in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.1 | 4.0 | 5.2 | 4.3 | -5.5% |
Others | 7.3 | 8.0 | 7.1 | 5.1 | -11.3% |
Total | 12.4 | 12.0 | 12.3 | 9.4 | -8.8% |
Top Suppliers of Threaded Metal Articles to the Philippines in 2022:
- China (5.3K tons)
Threaded Metal Articles Exports in the Philippines
In 2022, approx. 2K tons of threaded articles of iron or steel were exported from the Philippines; with an increase of 844% compared with the previous year. In general, exports, however, recorded a significant decline. The growth pace was the most rapid in 2021 with an increase of 2,321%.
In value terms, threaded metal articles exports skyrocketed to $4.7M in 2022. Over the period under review, exports, however, continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 2,152%.
Export of Threaded Metal Articles in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | N/A | N/A | 3.4 | 0% |
United States | 3.6 | N/A | 0.9 | 0.5 | -48.2% |
Japan | 24.2 | N/A | 0.1 | 0.3 | -76.9% |
Taiwan (Chinese) | N/A | N/A | N/A | 0.2 | 0% |
Italy | N/A | N/A | N/A | 0.1 | 0% |
Spain | N/A | N/A | N/A | 0.1 | 0% |
Papua New Guinea | N/A | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | 0.2 | 26.0% |
Total | 27.9 | N/A | 1.1 | 4.7 | -44.8% |
Top Export Markets for Threaded Metal Articles from the Philippines in 2022:
- France (1606.1 tons)
- United States (194.4 tons)
- Japan (51.0 tons)
- Italy (45.4 tons)
- Taiwan (Chinese) (40.3 tons)
- Papua New Guinea (37.1 tons)
- Spain (30.9 tons)
This report provides an in-depth analysis of the threaded metal articles market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941190 - Threaded articles, n.e.c., of iron or steel
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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