Price for Lead; Powders and Flakes in the Philippines - 2023

Contents:

  1. Price for Lead; Powders and Flakes in the Philippines (CIF) - 2023
  2. Price for Lead; Powders and Flakes in the Philippines (FOB) - 2022
  3. Imports of Lead; Powders and Flakes in the Philippines
  4. Exports of Lead; Powders and Flakes in the Philippines

Price for Lead; Powders and Flakes in the Philippines (CIF) - 2023

In July 2023, the average lead; powders and flakes import price amounted to $1,455 per ton, growing by 9.6% against the previous month. Overall, the import price, however, showed a perceptible descent. The growth pace was the most rapid in November 2022 when the average import price increased by 62% month-to-month. Over the period under review, average import prices reached the peak figure at $2,087 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From July 2022 to July 2023, the rate of growth in terms of prices for Australia amounted to -3.0% per month.

Price for Lead; Powders and Flakes in the Philippines (FOB) - 2022

In 2022, the average lead; powders and flakes export price amounted to $240 per ton, therefore, remained relatively stable against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $240 per ton in 2021, and then declined modestly in the following year.

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

From 2021 to 2022, the rate of growth in terms of prices for South Korea amounted to 0.0% per year.

Imports of Lead; Powders and Flakes in the Philippines

Lead; powders and flakes imports into the Philippines rose notably to 8.8K tons in 2022, with an increase of 6.1% on 2021. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 156% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, lead; powders and flakes imports contracted to $13M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 173% against the previous year. As a result, imports reached the peak of $13M, and then reduced slightly in the following year.

Import of Lead; Powders and Flakes in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2.74.613.012.968.4%
Others0.10.30.40.10.0%
Total2.84.913.413.066.8%

Top Suppliers of Lead; Powders and Flakes to the Philippines in 2022:

  1. Australia (8.8K tons)

Exports of Lead; Powders and Flakes in the Philippines

Lead; powders and flakes exports from the Philippines fell to 42 tons in 2022, waning by -4.7% on 2021 figures. Over the period under review, exports saw a pronounced reduction.

In value terms, lead; powders and flakes exports contracted slightly to $10K in 2022. In general, exports continue to indicate a noticeable curtailment.

Export of Lead; Powders and Flakes in the Philippines (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
South Korea10.610.1-4.7%
OthersN/AN/A0%
Total10.610.1-4.7%

Top Export Markets for Lead; Powders and Flakes from the Philippines in 2022:

  1. South Korea (42.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Lead; powders and flakes - Philippines