Price for Aluminium; Powders and Flakes in the Philippines - 2023
Contents:
- Price for Aluminium; Powders and Flakes in the Philippines (FOB) - 2022
- Price for Aluminium; Powders and Flakes in the Philippines (CIF) - 2022
- Exports of Aluminium; Powders and Flakes in the Philippines
- Imports of Aluminium; Powders and Flakes in the Philippines
Price for Aluminium; Powders and Flakes in the Philippines (FOB) - 2022
The average aluminium; powders and flakes export price stood at $140 per ton in 2022, increasing by 18% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 69%. The export price peaked at $505 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($889 per ton), while the average price for exports to China stood at $105 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.7%).
Price for Aluminium; Powders and Flakes in the Philippines (CIF) - 2022
In 2022, the average aluminium; powders and flakes import price amounted to $4,382 per ton, with a decrease of -16.4% against the previous year. In general, the import price, however, posted a slight expansion. The growth pace was the most rapid in 2019 an increase of 103% against the previous year. As a result, import price reached the peak level of $13,564 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($150,500 per ton), while the price for Taiwan (Chinese) ($2,209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+45.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Powders and Flakes in the Philippines
In 2022, after three years of growth, there was significant decline in shipments abroad of aluminium; powders and flakeses, when their volume decreased by -40.4% to 39K tons. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 24,255% against the previous year. As a result, the exports reached the peak of 66K tons, and then contracted rapidly in the following year.
In value terms, aluminium; powders and flakes exports contracted rapidly to $5.5M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 12,068% against the previous year. As a result, the exports reached the peak of $7.8M, and then dropped notably in the following year.
| Export of Aluminium; Powders and Flakes in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 6.8 | 3.9 | -42.6% |
| Malaysia | N/A | N/A | 0.9 | 1.4 | 55.6% |
| Others | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Total | 0.1 | 0.1 | 7.8 | 5.5 | 280.3% |
Top Export Markets for Aluminium; Powders and Flakes from the Philippines in 2022:
- China (37.5K tons)
- Malaysia (1.6K tons)
Imports of Aluminium; Powders and Flakes in the Philippines
In 2022, the amount of aluminium; powders and flakeses imported into the Philippines surged to 148 tons, picking up by 211% against the previous year's figure. In general, imports showed a slight increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; powders and flakes imports surged to $648K in 2022. Overall, imports, however, saw a dramatic shrinkage.
| Import of Aluminium; Powders and Flakes in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 46.9 | 37.3 | N/A | 433 | 109.8% |
| Germany | 65.1 | 81.9 | 6.3 | 74.3 | 4.5% |
| Netherlands | 108 | N/A | 58.3 | 54.4 | -20.4% |
| China | 53.3 | 13.2 | 7.5 | 32.1 | -15.6% |
| Japan | 455 | 71.6 | 22.8 | 23.2 | -62.9% |
| Taiwan (Chinese) | 0.3 | 0.1 | 25.6 | 5.5 | 163.7% |
| South Korea | 1,097 | N/A | 83.0 | 3.6 | -85.1% |
| Hong Kong SAR | N/A | N/A | 20.5 | N/A | 0% |
| Others | 76.9 | 16.6 | 24.9 | 22.1 | -34.0% |
| Total | 1,902 | 221 | 249 | 648 | -30.2% |
Top Suppliers of Aluminium; Powders and Flakes to the Philippines in 2022:
- India (94.3 tons)
- Germany (18.8 tons)
- Netherlands (18.4 tons)
- China (11.6 tons)
- Taiwan (Chinese) (2.5 tons)
- Japan (1.7 tons)
- South Korea (0.1 tons)
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This report provides an in-depth analysis of the aluminium powder market in the Philippines.
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Global Aluminium Powder Market Report 2018. This report provides an in-depth analysis of the global aluminium powder market.
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