Price for Lead; Lead Monoxide (Litharge, Massicot) in the Philippines - 2023

Contents:

1. Price for Lead; Lead Monoxide (Litharge, Massicot) in the Philippines (CIF) - 2022
2. Price for Lead; Lead Monoxide (Litharge, Massicot) in the Philippines (FOB) - 2022
3. Imports of Lead; Lead Monoxide (Litharge, Massicot) in the Philippines
4. Exports of Lead; Lead Monoxide (Litharge, Massicot) in the Philippines

Price for Lead; Lead Monoxide (Litharge, Massicot) in the Philippines (CIF) - 2022

In 2022, the average import price for lead; lead monoxide (litharge, massicot)s amounted to $6,228 per ton, picking up by 83% against the previous year. Overall, the import price saw buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($26,062 per ton), while the price for Taiwan (Chinese) ($1,922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lead; Lead Monoxide (Litharge, Massicot) in the Philippines (FOB) - 2022

In 2022, the average export price for lead; lead monoxide (litharge, massicot)s amounted to $1,500 per ton, approximately reflecting the previous year. Overall, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $50,000 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Imports of Lead; Lead Monoxide (Litharge, Massicot) in the Philippines

In 2022, approx. 209 tons of lead; lead monoxide (litharge, massicot)s were imported into the Philippines; shrinking by -37.9% on the previous year's figure. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. As a result, imports attained the peak of 336 tons, and then contracted significantly in the following year.

In value terms, lead; lead monoxide (litharge, massicot) imports rose sharply to $1.3M in 2022. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 145%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Lead; Lead Monoxide (Litharge, Massicot) to the Philippines in 2022:

1. Taiwan (Chinese) (140.0 tons)
2. Thailand (52.2 tons)
3. Singapore (10.3 tons)
4. United States (3.6 tons)

Exports of Lead; Lead Monoxide (Litharge, Massicot) in the Philippines

Lead; lead monoxide (litharge, massicot) exports from the Philippines amounted to 27 tons in 2022, approximately mirroring 2021. Over the period under review, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, lead; lead monoxide (litharge, massicot) exports amounted to $40K in 2022. In general, exports posted significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Lead; Lead Monoxide (Litharge, Massicot) from the Philippines in 2022:

1. Vietnam (26.5 tons)

Source: IndexBox Market Intelligence Platform