Philippines - Ferro-Silico-Manganese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Silico-Manganese Price in the Philippines - 2023
Contents:
- Ferro-Silico-Manganese Price in the Philippines (CIF) - 2023
- Ferro-Silico-Manganese Price in the Philippines (FOB) - 2022
- Ferro-Silico-Manganese Imports in the Philippines
- Ferro-Silico-Manganese Exports in the Philippines
Ferro-Silico-Manganese Price in the Philippines (CIF) - 2023
The average ferro-silico-manganese import price stood at $753 per ton in June 2023, which is down by -12.4% against the previous month. Overall, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in September 2022 an increase of 152% m-o-m. Over the period under review, average import prices attained the maximum at $1,019 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($982 per ton), while the price for Indonesia ($134 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced a decline.
Ferro-Silico-Manganese Price in the Philippines (FOB) - 2022
In 2022, the average ferro-silico-manganese export price amounted to $354 per ton, reducing by -51% against the previous year. In general, the export price faced a deep reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 4.3%. The export price peaked at $832 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($433 per ton), while the average price for exports to Vietnam totaled $351 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-11.3%).
Ferro-Silico-Manganese Imports in the Philippines
Ferro-silico-manganese imports into the Philippines surged to 22K tons in 2022, growing by 230% compared with 2021. In general, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-silico-manganese imports surged to $22M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Silico-Manganese in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.4 | N/A | 5.6 | 20.7 | 30.1% |
| China | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Indonesia | N/A | N/A | N/A | 0.3 | 0% |
| Malaysia | 2.3 | N/A | 0.2 | N/A | -70.5% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 11.8 | N/A | 5.9 | 21.9 | 22.9% |
Top Suppliers of Ferro-Silico-Manganese to the Philippines in 2022:
- India (16.3K tons)
- China (3.4K tons)
- Indonesia (2.0K tons)
Ferro-Silico-Manganese Exports in the Philippines
In 2022, ferro-silico-manganese exports from the Philippines soared to 3.9K tons, with an increase of 116% on the year before. In general, exports posted a perceptible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-silico-manganese exports expanded remarkably to $1.4M in 2022. Over the period under review, exports, however, recorded a abrupt contraction.
| Export of Ferro-Silico-Manganese in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2,344 | N/A | 921 | 1,332 | -17.2% |
| Japan | 286 | N/A | 394 | 60.0 | -40.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,630 | N/A | 1,315 | 1,392 | -19.1% |
Top Export Markets for Ferro-Silico-Manganese from the Philippines in 2022:
- Vietnam (3.8K tons)
- Japan (0.1K tons)
This report provides an in-depth analysis of the ferro-silico-manganese 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 24101245 - Ferro-silico-manganese
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
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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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