Philippines - Iron Or Steel Bridges And Bridge-Sections - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Bridges in the Philippines - 2023
Contents:
- Price for Iron or Steel Bridges in the Philippines (CIF) - 2022
- Price for Iron or Steel Bridges in the Philippines (FOB) - 2022
- Imports of Iron or Steel Bridges in the Philippines
- Exports of Iron or Steel Bridges in the Philippines
Price for Iron or Steel Bridges in the Philippines (CIF) - 2022
In 2022, the average iron or steel bridges import price amounted to $4,628 per ton, rising by 12% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. The growth pace was the most rapid in 2019 an increase of 92% against the previous year. Over the period under review, average import prices attained the peak figure at $6,722 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($4,631 per ton) and Japan ($4,628 per ton), while the price for South Korea ($4,628 per ton) and China ($4,628 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Bridges in the Philippines (FOB) - 2022
In 2022, the average iron or steel bridges export price amounted to $4,700 per ton, growing by 7.3% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 45%. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +16.8% per year.
Imports of Iron or Steel Bridges in the Philippines
For the third consecutive year, the Philippines recorded decline in purchases abroad of iron or steel bridges and bridge-sections, which decreased by -55% to 4K tons in 2022. Over the period under review, imports showed a dramatic contraction. The smallest decline of -23.8% was in 2020.
In value terms, iron or steel bridges imports shrank notably to $18M in 2022. In general, imports showed a dramatic downturn. The smallest decline of -29.7% was in 2021.
Import of Iron or Steel Bridges in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.6 | 3.9 | 5.2 | 7.7 | 68.8% |
France | 35.1 | 18.9 | 15.5 | 6.8 | -42.1% |
South Korea | N/A | 0.4 | 0.1 | 2.0 | 123.6% |
Japan | 0.3 | 0.5 | 1.1 | 1.2 | 58.7% |
Belgium | 1.3 | 2.4 | 1.0 | N/A | -12.3% |
Bahrain | 0.9 | 1.4 | N/A | N/A | 55.6% |
Others | 35.0 | 24.7 | 13.8 | 0.7 | -72.9% |
Total | 74.3 | 52.1 | 36.6 | 18.4 | -37.2% |
Top Suppliers of Iron or Steel Bridges to the Philippines in 2022:
- China (1656.1 tons)
- France (1475.9 tons)
- South Korea (428.2 tons)
- Japan (255.8 tons)
Exports of Iron or Steel Bridges in the Philippines
In 2022, shipments abroad of iron or steel bridges and bridge-sections decreased by 99.9% to 60 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a sharp decline. The pace of growth appeared the most rapid in 2020 when exports increased by 268%. As a result, the exports reached the peak of 197 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, iron or steel bridges exports declined remarkably to $282 in 2022. In general, exports saw a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 295% against the previous year.
Export of Iron or Steel Bridges in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 104 | 264 | 437 | 0.3 | -85.8% |
United Kingdom | 3.4 | 42.1 | 39.3 | N/A | 240.0% |
United Arab Emirates | 7.9 | 73.4 | 45.9 | N/A | 141.0% |
United States | 4.8 | 114 | 158 | N/A | 473.7% |
Others | 34.6 | 115 | 123 | N/A | 88.5% |
Total | 154 | 609 | 803 | 0.3 | -87.5% |
Top Export Markets for Iron or Steel Bridges from the Philippines in 2022:
- Japan (60.0 kg)
This report provides an in-depth analysis of the market for iron or steel bridges 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 25112100 - Iron or steel bridges and bridge-sections
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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