Report Philippines - Sheet Piling of Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 11, 2023

Philippines - Sheet Piling of Steel - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Steel Sheet Piling Market 2023

Steel Sheet Piling Market Size in the Philippines

For the third consecutive year, the Philippine steel sheet piling market recorded growth in sales value, which increased by 46% to $X in 2022. Overall, consumption recorded significant growth. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Steel Sheet Piling Exports

Exports from the Philippines

In 2022, the amount of sheet piling of steel exported from the Philippines skyrocketed to X tons, picking up by 142% on 2021 figures. Overall, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 5,017% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, steel sheet piling exports surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 2,247% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for steel sheet piling exports from the Philippines, with a 91% share of total exports. Moreover, steel sheet piling exports to the United States exceeded the volume sent to the second major destination, Japan (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-0.2% per year) and Canada (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for sheet piling of steel exports from the Philippines, comprising 91% of total exports. The second position in the ranking was taken by Japan ($X), with a 6.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-7.2% per year) and Canada (0.0% per year).

Export Prices by Country

The average steel sheet piling export price stood at $X per ton in 2022, increasing by 91% against the previous year. In general, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 143% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.6%), while the prices for the other major destinations experienced a decline.

Steel Sheet Piling Imports

Imports into the Philippines

Steel sheet piling imports into the Philippines skyrocketed to X tons in 2022, picking up by 38% compared with the year before. In general, imports posted significant growth. The growth pace was the most rapid in 2015 with an increase of 149%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, steel sheet piling imports soared to $X in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 166%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) was the main supplier of steel sheet piling to the Philippines, with a 96% share of total imports. It was followed by Japan (X tons), with a 1.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +67.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+7.6% per year) and Vietnam (-53.3% per year).

In value terms, China ($X) constituted the largest supplier of sheet piling of steel to the Philippines, comprising 94% of total imports. The second position in the ranking was taken by Japan ($X), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +76.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+11.0% per year) and Vietnam (-51.2% per year).

Import Prices by Country

In 2022, the average steel sheet piling import price amounted to $X per ton, picking up by 8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2021 when the average import price increased by 35% against the previous year. The import price peaked in 2022 and is likely to see steady 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 Japan ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sheet piling of steel in the world?
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The countries with the highest volumes of consumption in 2022 were the Philippines, Luxembourg and Japan, with a combined 42% share of global consumption.
What are the largest producers of sheet piling of steel in the world?
+
The countries with the highest volumes of production in 2022 were China, Luxembourg and Japan, together accounting for 73% of global production.
What are the leading suppliers of sheet piling of steel to the Philippines?
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In value terms, China constituted the largest supplier of sheet piling of steel to the Philippines, comprising 94% of total imports. The second position in the ranking was taken by Japan, with a 3% share of total imports.
What are the leading importers of sheet piling of steel from the Philippines?
+
In value terms, the United States remains the key foreign market for sheet piling of steel exports from the Philippines, comprising 91% of total exports. The second position in the ranking was taken by Japan, with a 6.9% share of total exports.
What is the average export price for sheet piling of steel in the Philippines?
+
In 2022, the average steel sheet piling export price amounted to $5,940 per ton, jumping by 91% against the previous year.
What is the average import price for sheet piling of steel in the Philippines?
+
In 2022, the average steel sheet piling import price amounted to $814 per ton, growing by 8.9% against the previous year.

This report provides an in-depth analysis of the steel sheet piling 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:
• Prodcom 24107410 - Sheet piling (of steel)
• Prodcom 2410T251 - Sheet piling
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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