Price for Copper; Powders of Non-Lamellar Structure in the Philippines - 2023

Contents:

1. Price for Copper; Powders of Non-Lamellar Structure in the Philippines (CIF) - 2022
2. Price for Copper; Powders of Non-Lamellar Structure in the Philippines (FOB) - 2022
3. Imports of Copper; Powders of Non-Lamellar Structure in the Philippines
4. Exports of Copper; Powders of Non-Lamellar Structure in the Philippines

Price for Copper; Powders of Non-Lamellar Structure in the Philippines (CIF) - 2022

In 2022, the average import price for copper; powders of non-lamellar structures amounted to $21,973 per ton, rising by 9.9% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; powders of non-lamellar structure import price increased by +97.9% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 31%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($22,658 per ton), while the price for Japan totaled $18,652 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Powders of Non-Lamellar Structure in the Philippines (FOB) - 2022

In 2022, the average export price for copper; powders of non-lamellar structures amounted to $2,782 per ton, with a decrease of -2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 28%. As a result, the export price reached the peak level of $2,837 per ton, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,561 per ton), while the average price for exports to Malaysia ($864 per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Powders of Non-Lamellar Structure in the Philippines

For the fourth year in a row, the Philippines recorded growth in overseas purchases of copper; powders of non-lamellar structures, which increased by 28% to 60 tons in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 522%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, copper; powders of non-lamellar structure imports soared to $1.3M in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 605%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Copper; Powders of Non-Lamellar Structure to the Philippines in 2022:

1. China (49.3 tons)
2. Japan (10.6 tons)

Exports of Copper; Powders of Non-Lamellar Structure in the Philippines

In 2022, after two years of decline, there was significant growth in shipments abroad of copper; powders of non-lamellar structures, when their volume increased by 6.8% to 93 tons. Overall, exports, however, faced a dramatic curtailment.

In value terms, copper; powders of non-lamellar structure exports totaled $259K in 2022. Over the period under review, exports, however, showed a significant decrease.

Top Export Markets for Copper; Powders of Non-Lamellar Structure from the Philippines in 2022:

1. Thailand (61.8 tons)
2. Malaysia (15.7 tons)
3. Taiwan (Chinese) (10.8 tons)
4. South Korea (4.8 tons)

Source: IndexBox Market Intelligence Platform