Philippines - Pickling Preparations For Metal Surfaces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Pickling Preparations Price in the Philippines - 2023
Contents:
- Metal Pickling Preparations Price in the Philippines (CIF) - 2022
- Metal Pickling Preparations Price in the Philippines (FOB) - 2022
- Metal Pickling Preparations Imports in the Philippines
- Metal Pickling Preparations Exports in the Philippines
Metal Pickling Preparations Price in the Philippines (CIF) - 2022
The average metal pickling preparations import price stood at $10,459 per ton in 2022, surging by 77% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 97% against the previous year. As a result, import price reached the peak level of $16,729 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($48,088 per ton), while the price for China ($1,540 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Pickling Preparations Price in the Philippines (FOB) - 2022
In 2022, the average metal pickling preparations export price amounted to $4,953 per ton, waning by -22.4% against the previous year. Over the period under review, the export price recorded a sharp descent. The pace of growth appeared the most rapid in 2015 an increase of 103%. Over the period under review, the average export prices reached the maximum at $52,619 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($25,974 per ton), while the average price for exports to Pakistan ($1,164 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 (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Pickling Preparations Imports in the Philippines
In 2022, purchases abroad of pickling preparations for metal surfaces decreased by -59.8% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 10K tons, and then declined remarkably in the following year.
In value terms, metal pickling preparations imports fell sharply to $44M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports attained the peak of $61M, and then contracted remarkably in the following year.
| Import of Metal Pickling Preparations in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 15.6 | 14.5 | 34.5 | 23.7 | 15.0% |
| Singapore | 9.9 | 7.3 | 9.7 | 6.7 | -12.2% |
| China | 3.4 | 3.6 | 3.3 | 2.3 | -12.2% |
| Thailand | 1.6 | 2.4 | 2.9 | 2.0 | 7.7% |
| Malaysia | 1.1 | 1.4 | 2.0 | 1.4 | 8.4% |
| Taiwan (Chinese) | 0.6 | 0.6 | 1.4 | 1.0 | 18.6% |
| Germany | 0.4 | 0.7 | 1.2 | 0.8 | 26.0% |
| Hong Kong SAR | 1.1 | 0.9 | 0.6 | 0.6 | -18.3% |
| Others | 9.1 | 7.7 | 5.8 | 5.3 | -16.5% |
| Total | 42.9 | 39.2 | 61.4 | 43.8 | 0.7% |
Top Suppliers of Metal Pickling Preparations to the Philippines in 2022:
- China (1496.8 tons)
- Japan (1250.9 tons)
- Singapore (439.3 tons)
- Thailand (403.0 tons)
- Malaysia (126.4 tons)
- Germany (79.6 tons)
- Taiwan (Chinese) (75.1 tons)
- Hong Kong SAR (59.7 tons)
Metal Pickling Preparations Exports in the Philippines
In 2022, shipments abroad of pickling preparations for metal surfaces was finally on the rise to reach 408 tons after two years of decline. In general, exports, however, saw a abrupt setback.
In value terms, metal pickling preparations exports surged to $2M in 2022. Over the period under review, exports, however, recorded a mild slump.
| Export of Metal Pickling Preparations in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 19.4 | 1,601 | 6.7 | 551 | 205.1% |
| Malaysia | 822 | 623 | 98.6 | 523 | -14.0% |
| Thailand | 425 | 613 | 54.3 | 370 | -4.5% |
| Japan | 236 | 28.2 | 214 | 221 | -2.2% |
| United States | 1.6 | 19.9 | 150 | 155 | 359.3% |
| Pakistan | 14.6 | 48.3 | 66.1 | 68.2 | 67.2% |
| Indonesia | 59.8 | 20.5 | 21.2 | 34.4 | -16.8% |
| Australia | 192 | 154 | N/A | N/A | -19.8% |
| Others | 330 | 152 | 97.4 | 99.8 | -32.9% |
| Total | 2,100 | 3,260 | 708 | 2,023 | -1.2% |
Top Export Markets for Metal Pickling Preparations from the Philippines in 2022:
- Malaysia (164.2 tons)
- Thailand (118.7 tons)
- Pakistan (58.6 tons)
- South Korea (22.3 tons)
- Indonesia (17.0 tons)
- United States (9.8 tons)
- Japan (8.5 tons)
This report provides an in-depth analysis of the metal pickling preparations 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 20595620 - Pickling preparations for metal surfaces
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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