Philippines - Moulds for Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMoulds for Metal Price in the Philippines - 2022
Contents:
- Moulds for Metal Price in the Philippines (CIF) - 2022
- Moulds for Metal Price in the Philippines (FOB) - 2022
- Moulds for Metal Imports in the Philippines
- Moulds for Metal Exports in the Philippines
Moulds for Metal Price in the Philippines (CIF) - 2022
In 2022, the average moulds for metal import price amounted to $21,243 per ton, rising by 2.5% against the previous year. Over the period under review, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Japan ($65,309 per ton), while the price for Taiwan (Chinese) ($12,190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Moulds for Metal Price in the Philippines (FOB) - 2022
The average moulds for metal export price stood at $24,782 per ton in 2022, falling by -36.1% against the previous year. In general, the export price, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 64% against the previous year. As a result, the export price attained the peak level of $53,093 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($28,413 per ton) and Japan ($25,018 per ton), while the average price for exports to China ($22,768 per ton) and Hong Kong SAR ($23,536 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Moulds for Metal Imports in the Philippines
Moulds for metal imports into the Philippines contracted to 1.4K tons in 2022, falling by -7.3% compared with 2021. Overall, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 14%.
In value terms, moulds for metal imports reduced to $29M in 2022. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year.
| Import of Moulds for Metal in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.1 | 9.4 | 11.6 | 11.7 | 5.0% |
| Japan | 11.7 | 6.5 | 10.9 | 11.6 | -0.3% |
| Taiwan (Chinese) | 1.3 | 0.9 | 1.2 | 1.3 | 0.0% |
| South Korea | 3.7 | 1.4 | 1.4 | 1.3 | -29.4% |
| Thailand | 1.7 | 0.4 | 0.9 | 0.8 | -22.2% |
| Hong Kong SAR | 2.5 | 2.8 | 1.9 | 0.7 | -34.6% |
| Malaysia | 0.6 | 1.0 | 0.1 | 0.1 | -45.0% |
| Others | 3.2 | 2.0 | 2.6 | 1.6 | -20.6% |
| Total | 34.9 | 24.3 | 30.7 | 29.1 | -5.9% |
Top Suppliers of Moulds for Metal to the Philippines in 2022:
- China (925.2 tons)
- Japan (177.9 tons)
- Taiwan (Chinese) (107.3 tons)
- South Korea (48.3 tons)
- Thailand (28.5 tons)
- Hong Kong SAR (21.7 tons)
- Malaysia (4.6 tons)
Moulds for Metal Exports in the Philippines
In 2022, shipments abroad of moulds for metals increased by 77% to 197 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, moulds for metal exports expanded rapidly to $4.9M in 2022. In general, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year.
| Export of Moulds for Metal in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5,283 | 2,885 | 3,878 | 4,268 | -6.9% |
| Thailand | 116 | 65.8 | 118 | 193 | 18.5% |
| Hong Kong SAR | 82.6 | 123 | 75.5 | 182 | 30.1% |
| China | 69.0 | 107 | 70.5 | 109 | 16.5% |
| Vietnam | 11.9 | 170 | 0.2 | 48.9 | 60.2% |
| Indonesia | 174 | 166 | 80.0 | N/A | -32.2% |
| Others | 105 | 84.5 | 102 | 73.4 | -11.2% |
| Total | 5,842 | 3,600 | 4,324 | 4,875 | -5.9% |
Top Export Markets for Moulds for Metal from the Philippines in 2022:
- Japan (170.6 tons)
- Hong Kong SAR (7.7 tons)
- Thailand (6.8 tons)
- China (4.8 tons)
- Vietnam (2.1 tons)
This report provides an in-depth analysis of the moulds for metal 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 25735013 - Moulding boxes for metal foundry, mould bases, moulding patterns (excluding moulding patterns of wood)
- Prodcom 25735020 - Injection or compression type moulds for metal or metal carbides (excluding ingot moulds)
- Prodcom 25735030 - Moulds for metal or metal carbides (excluding injection or compression types)
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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