Latest Report Update: Jan 14, 2020

Philippines - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights

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Philippines: Base Metal Closure Market Overview 2020

Base Metal Closure Market Size in the Philippines

The revenue of the base metal closure market in the Philippines amounted to $X in 2018, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, base metal closure consumption, however, continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the base metal closure market attained its maximum level at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Base Metal Closure Exports

Exports from the Philippines

In 2018, the base metal closure exports from the Philippines stood at X tonnes, going down by -X% against the previous year. Over the period under review, base metal closure exports, however, continue to indicate a measured expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. In that year, base metal closure exports reached their peak of X tonnes. From 2014 to 2018, the growth of base metal closure exports remained at a somewhat lower figure.

In value terms, base metal closure exports amounted to $X in 2018. Over the period under review, base metal closure exports, however, continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. Over the period under review, base metal closure exports reached their maximum at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Australia (X tonnes), Thailand (X tonnes) and Malaysia (X tonnes) were the main destinations of base metal closure exports from the Philippines, with a combined X% share of total exports. Viet Nam, South Korea, Romania, Indonesia, Papua New Guinea, American Samoa and China, Hong Kong SAR lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Viet Nam, while exports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Thailand ($X) and Malaysia ($X) appeared to be the largest markets for base metal closure exported from the Philippines worldwide, with a combined X% share of total exports. These countries were followed by Viet Nam, South Korea, Indonesia, Romania, American Samoa, China, Hong Kong SAR and Papua New Guinea, which together accounted for a further X terms of the main countries of destination, Papua New Guinea (+X% per year) recorded the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average base metal closure export price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the base metal closure export price continues to indicate modest growth. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, the average export prices for base metal closures, stoppers, caps and lids attained their peak figure at $X per tonne in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Closure Imports

Imports into the Philippines

Base metal closure imports into the Philippines stood at X tonnes in 2018, declining by -X% against the previous year. In general, base metal closure imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. In that year, base metal closure imports reached their peak of X tonnes. From 2017 to 2018, the growth of base metal closure imports remained at a somewhat lower figure.

In value terms, base metal closure imports totaled $X in 2018. Overall, base metal closure imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of base metal closure to the Philippines, accounting for a X% share of total imports. Moreover, base metal closure imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tonnes), threefold. The third position in this ranking was occupied by Malaysia (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Malaysia (+X% per year).

In value terms, China ($X) constituted the largest supplier of base metal closure to the Philippines, comprising X% of total base metal closure imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (+X% per year).

Import Prices by Country

The average base metal closure import price stood at $X per tonne in 2018, increasing by X% against the previous year. Overall, the base metal closure import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the average import prices for base metal closures, stoppers, caps and lids attained their peak figure at $X per tonne in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 25921370 - Base metal closures, stoppers, caps and lids (excluding of lead, crown corks, aluminium closures, stoppers, caps and lids of a diameter > .21 mm)

This report provides an in-depth analysis of the base metal closure 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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