Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines - 2023
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines (CIF) - 2022
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines (FOB) - 2022
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines (CIF) - 2022
In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $5,015 per ton, with an increase of 21% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s increased by +42.9% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady 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 Thailand ($17,374 per ton), while the price for Australia ($3,276 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines (FOB) - 2022
The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $10,570 per ton in 2022, falling by -3.5% against the previous year. Overall, the export price, however, continues to indicate modest growth. The growth pace was the most rapid in 2014 an increase of 488% against the previous year. As a result, the export price attained the peak level of $56,351 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
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 China ($17,269 per ton), while the average price for exports to Vietnam ($2,533 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 (-8.4%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines
In 2022, approx. 12K tons of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were imported into the Philippines; surging by 7.6% compared with the year before. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $58M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.1 | 13.1 | 25.2 | 32.3 | 21.3% |
| Japan | 5.6 | 3.2 | 8.5 | 15.7 | 41.0% |
| South Korea | 6.7 | 6.5 | 2.7 | 4.3 | -13.7% |
| Germany | 1.8 | 4.4 | 5.1 | 3.4 | 23.6% |
| Australia | 0.8 | 1.6 | N/A | N/A | 100.0% |
| Others | 5.1 | 2.0 | 3.3 | 2.4 | -22.2% |
| Total | 38.0 | 30.7 | 44.8 | 58.2 | 15.3% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to the Philippines in 2022:
- China (8.9K tons)
- South Korea (1.1K tons)
- Japan (0.9K tons)
- Germany (0.4K tons)
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines
In 2022, overseas shipments of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -4% to 62 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 179% against the previous year. As a result, the exports reached the peak of 75 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s shrank to $651K in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 295%.
| Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.3 | 224 | 175 | 408 | 108.1% |
| Denmark | N/A | 48.0 | 82.2 | 197 | 102.6% |
| Japan | 22.5 | 52.3 | 37.6 | 32.6 | 13.2% |
| Vietnam | N/A | 201 | 374 | 12.7 | -74.9% |
| South Korea | 70.8 | N/A | 0.1 | N/A | -96.2% |
| Thailand | 2.4 | N/A | 14.9 | N/A | 149.2% |
| Others | N/A | 31.8 | 18.8 | 0.4 | -88.8% |
| Total | 141 | 557 | 703 | 651 | 66.5% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from the Philippines in 2022:
- Denmark (28.2 tons)
- China (23.6 tons)
- Vietnam (5.0 tons)
- Japan (4.7 tons)
347
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in the Philippines.
142
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in the Philippines.
229
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
218
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
347
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in the Philippines.
142
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in the Philippines.
229
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
218
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
Nothing found. Please try again.
