Philippines - Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm - Market Analysis, Forecast, Size, Trends And Insights

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Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines - 2023

Contents:

  1. Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines (CIF) - 2022
  2. Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines (FOB) - 2022
  3. Imports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines
  4. Exports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines

Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines (CIF) - 2022

In 2022, the average import price for aluminium plates, sheets and strip of thickness over 0.2 mm amounted to $2,707 per ton, which is down by -6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2015 an increase of 18% against the previous year. Over the period under review, average import prices reached the peak figure at $2,909 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,213 per ton), while the price for China ($2,246 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines (FOB) - 2022

In 2022, the average export price for aluminium plates, sheets and strip of thickness over 0.2 mm amounted to $14,475 per ton, growing by 53% against the previous year. In general, the export price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 334% against the previous year. Over the period under review, the average export prices hit record highs at $17,277 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +48.8% per year.

Imports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines

In 2022, imports of aluminium plates, sheets and strip of thickness over 0.2 mm into the Philippines soared to 5.6K tons, growing by 34% against the year before. Overall, imports, however, saw a pronounced contraction.

In value terms, imports of aluminium plates, sheets and strip of thickness over 0.2 mm soared to $15M in 2022. In general, imports, however, continue to indicate a mild curtailment. The growth pace was the most rapid in 2021 with an increase of 47%.

Import of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.25.27.811.12.9%
Japan0.71.42.22.144.2%
South Korea0.80.61.51.214.5%
Netherlands1.60.7N/AN/A-56.3%
Australia1.7N/AN/AN/A0%
Others0.70.30.60.70.0%
Total15.68.212.115.0-1.3%

Top Suppliers of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm to the Philippines in 2022:

  1. China (4.9K tons)
  2. Japan (0.3K tons)
  3. South Korea (0.2K tons)

Exports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines

In 2022, the amount of aluminium plates, sheets and strip of thickness over 0.2 mm exported from the Philippines surged to 80 tons, increasing by 228% on 2021. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium plates, sheets and strip of thickness over 0.2 mm soared to $1.2M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan78.446.52211,155145.1%
Papua New Guinea7.1N/AN/AN/A0%
OthersN/AN/A9.71.9-80.4%
Total85.446.52311,156138.3%

Top Export Markets for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm from the Philippines in 2022:

  1. Japan (79.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm 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 24422430 - Aluminium plates, sheets and strips > 0,2 mm thick

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Aluminium; plates, sheets and strip, thickness exceeding 0.2mm, (not alloyed), rectangular (including square) - Philippines