Philippines - Iron/Steel Stud-Link Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Stud-Link Chain Price in the Philippines - 2023
Contents:
- Metal Stud-Link Chain Price in the Philippines (CIF) - 2022
- Metal Stud-Link Chain Price in the Philippines (FOB) - 2022
- Metal Stud-Link Chain Imports in the Philippines
- Metal Stud-Link Chain Exports in the Philippines
Metal Stud-Link Chain Price in the Philippines (CIF) - 2022
The average metal stud-link chain import price stood at $1,460 per ton in 2022, falling by -9.4% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal stud-link chain import price increased by +16.6% against 2015 indices. The pace of growth was the most pronounced in 2020 an increase of 20%. The import price peaked at $1,612 per ton in 2021, and then contracted in the following year.
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 Singapore ($3,915 per ton), while the price for China stood at $1,070 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.1%).
Metal Stud-Link Chain Price in the Philippines (FOB) - 2022
In 2022, the average metal stud-link chain export price amounted to $9,435 per ton, surging by 12% against the previous year. In general, the export price saw prominent growth. The growth pace was the most rapid in 2016 an increase of 81%. Over the period under review, the average export prices attained the maximum at $11,432 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($180,923 per ton), while the average price for exports to Indonesia stood at $6,322 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+34.2%).
Metal Stud-Link Chain Imports in the Philippines
For the third consecutive year, the Philippines recorded decline in supplies from abroad of iron/steel stud-link chain, which decreased by -36.5% to 787 tons in 2022. In general, imports saw a dramatic downturn. The smallest decline of -23.4% was in 2020.
In value terms, metal stud-link chain imports declined markedly to $1.1M in 2022. Overall, imports faced a dramatic contraction. The smallest decline of -7.7% was in 2020.
| Import of Metal Stud-Link Chain in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 2.4 | 1.0 | 0.7 | -34.6% |
| Singapore | 0.1 | N/A | 0.9 | 0.4 | 58.7% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 2.8 | 2.5 | 2.0 | 1.1 | -26.8% |
Top Suppliers of Metal Stud-Link Chain to the Philippines in 2022:
- China (684.7 tons)
- Singapore (91.1 tons)
Metal Stud-Link Chain Exports in the Philippines
In 2022, the amount of iron/steel stud-link chain exported from the Philippines contracted notably to 2 tons, which is down by -52.3% against the previous year. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 839%. As a result, the exports reached the peak of 4.3 tons, and then shrank notably in the following year.
In value terms, metal stud-link chain exports contracted remarkably to $19K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,350% against the previous year. As a result, the exports reached the peak of $36K, and then dropped markedly in the following year.
| Export of Metal Stud-Link Chain in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 9.1 | 2.2 | 23.4 | 12.7 | 11.8% |
| Malaysia | 1.9 | 0.2 | 12.7 | 6.6 | 51.4% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 11.0 | 2.5 | 36.2 | 19.3 | 20.6% |
Top Export Markets for Metal Stud-Link Chain from the Philippines in 2022:
- Malaysia (undefined tons)
- Indonesia (2.0 tons)
This report provides an in-depth analysis of the metal stud-link chain 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 25931710 - Iron/steel stud-link chain excluding chains fitted with cutting, o r other articles where chains play a subsidiary role, door guards finished with chains, surveying chains, imitation jewellery
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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