Philippines - Zinc - Market Analysis, Forecast, Size, Trends And Insights
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View PricingZinc Price in the Philippines - 2023
Contents:
- Zinc Price in the Philippines (CIF) - 2023
- Zinc Price in the Philippines (FOB) - 2022
- Zinc Imports in the Philippines
- Zinc Exports in the Philippines
Zinc Price in the Philippines (CIF) - 2023
The average zinc import price stood at $3,164 per ton in May 2023, dropping by -6.1% against the previous month. In general, the import price recorded a noticeable reduction. The pace of growth was the most pronounced in October 2022 when the average import price increased by 6.1% m-o-m. Over the period under review, average import prices reached the maximum at $4,548 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the highest price was recorded for prices from Canada ($3,464 per ton) and Japan ($3,205 per ton), while the price for Hong Kong SAR ($2,665 per ton) and South Korea ($3,106 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Canada (-1.8%), while the prices for the other major suppliers experienced a decline.
Zinc Price in the Philippines (FOB) - 2022
The average zinc export price stood at $2,420 per ton in 2021, jumping by 25% against the previous year. Over the period under review, the export price showed resilient growth. The growth pace was the most rapid in 2018 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $3,275 per ton. From 2019 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,100 per ton), while the average price for exports to the United States stood at $706 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Zinc Imports in the Philippines
In 2022, the amount of zinc imported into the Philippines declined notably to 7.1K tons, waning by -21.2% against the previous year. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year.
In value terms, zinc imports stood at $28M in 2022. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 77%.
| Import of Zinc in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| South Korea | 11.0 | 5.6 | 14.5 | 14.8% | |
| Japan | 14.3 | 5.4 | 6.0 | -35.2% | |
| Australia | 5.6 | 1.3 | 2.3 | -35.9% | |
| Canada | 1.1 | 1.5 | 1.9 | 31.4% | |
| Hong Kong SAR | 0.1 | 0.1 | 1.3 | 260.6% | |
| Spain | 0.1 | 0.8 | 0.5 | 123.6% | |
| China | 0.2 | 0.3 | 0.3 | 22.5% | |
| Others | 2.2 | 0.5 | 0.8 | -39.7% | |
| Total | 34.6 | 15.6 | 27.6 | -10.7% | |
Top Suppliers of Zinc to the Philippines in 2022:
- South Korea (4.6K tons)
- Japan (2.0K tons)
- Australia (0.7K tons)
- Canada (0.6K tons)
- Hong Kong SAR (0.4K tons)
- China (0.3K tons)
- Spain (0.2K tons)
Zinc Exports in the Philippines
In 2022, the amount of zinc exported from the Philippines soared to 107 tons, with an increase of 439% against 2021 figures. Over the period under review, exports, however, recorded a abrupt contraction.
In value terms, zinc exports surged to $210K in 2022. In general, exports, however, continue to indicate a significant decrease.
| Export of Zinc in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | N/A | N/A | 45.4 | 0% | |
| China | N/A | 373 | 42.6 | -88.6% | |
| Malaysia | 349 | N/A | N/A | 0% | |
| India | 62.3 | N/A | N/A | 0% | |
| Taiwan (Chinese) | 51.4 | N/A | N/A | 0% | |
| Others | N/A | N/A | -40.1 | 0% | |
| Total | 463 | 373 | 47.9 | -67.8% | |
Top Export Markets for Zinc from the Philippines in 2022:
- United States (64.3 tons)
- China (20.3 tons)
This report provides an in-depth analysis of the zinc market 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:
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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This report provides an in-depth analysis of the zinc market in the Philippines.
514
This report provides an in-depth analysis of the zinc market in the Philippines.
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This report provides an in-depth analysis of the zinc alloys market in the Philippines.
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc alloys market.
495
This report provides an in-depth analysis of the zinc market in the Philippines.
514
This report provides an in-depth analysis of the zinc market in the Philippines.
360
This report provides an in-depth analysis of the zinc alloys market in the Philippines.
919
This report provides an in-depth analysis of the global zinc market.
611
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
174
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2054
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
804
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
611
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
174
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2054
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
804
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
