Report Update Mar 1, 2025

Philippines - Articles of Non-Malleable Cast Iron - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in the Philippines

The Philippine non-malleable cast iron articles market contracted to $X in 2022, declining by -12.8% 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, consumption, however, showed a significant expansion. Non-malleable cast iron articles consumption peaked at $X in 2021, and then shrank in the following year.

Exports of Articles Of Non-Malleable Cast Iron

Exports from the Philippines

In 2022, the amount of articles of non-malleable cast iron exported from the Philippines reduced notably to X kg, shrinking by -96.3% on 2021. Overall, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2018 with an increase of 7,051%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-malleable cast iron articles exports reduced markedly to $X in 2022. In general, exports showed a sharp slump. The pace of growth was the most pronounced in 2018 when exports increased by 7,897% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X kg) was the main destination for non-malleable cast iron articles exports from the Philippines, with a 75% share of total exports. Moreover, non-malleable cast iron articles exports to Canada exceeded the volume sent to the second major destination, the Netherlands (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Canada was relatively modest.

In value terms, the largest markets for non-malleable cast iron articles exported from the Philippines were Canada ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average non-malleable cast iron articles export price amounted to $X per ton, jumping by 429% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-13.3%).

Imports of Articles Of Non-Malleable Cast Iron

Imports into the Philippines

In 2022, purchases abroad of articles of non-malleable cast iron decreased by -35.7% to X tons for the first time since 2014, thus ending a seven-year rising trend. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, imports reached the peak of X tons, and then dropped sharply in the following year.

In value terms, non-malleable cast iron articles imports reached $X in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of 131%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-malleable cast iron articles to the Philippines, with a 71% share of total imports. Moreover, non-malleable cast iron articles imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), sevenfold. Japan (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+19.8% per year) and Japan (+37.9% per year).

In value terms, the largest non-malleable cast iron articles suppliers to the Philippines were Japan ($X), China ($X) and India ($X), together comprising 85% of total imports.

In terms of the main suppliers, Japan, with a CAGR of +47.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-malleable cast iron articles import price amounted to $X per ton, growing by 71% against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 85%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of non-malleable cast iron in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 45% of global consumption.

What are the largest producers of articles of non-malleable cast iron in the world?

China constituted the country with the largest volume of non-malleable cast iron articles production, comprising approx. 28% of total volume. Moreover, non-malleable cast iron articles production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 11% share.

What are the leading suppliers of articles of non-malleable cast iron to the Philippines?

In value terms, Malaysia constituted the largest supplier of non-malleable cast iron articles to the Philippines, comprising 47% of total imports. The second position in the ranking was occupied by Germany, with an 18% share of total imports. It was followed by Turkey, with an 11% share.

What is the average export price for articles of non-malleable cast iron in the Philippines?

In 2021, the average non-malleable cast iron articles export price amounted to $5,674 per ton, falling by -14.3% against the previous year.

What is the average import price for articles of non-malleable cast iron in the Philippines?

In 2021, the average non-malleable cast iron articles import price amounted to $8,785 per ton, rising by 154% against the previous year.

This report provides an in-depth analysis of the market for non-malleable cast iron articles 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 25992913 - Articles of non-malleable cast iron, n.e.c.

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024