Report Update Nov 1, 2024

Philippines - Barbed Wire and Entanglements - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Barbed Wire Market 2024

Barbed Wire Market Size in the Philippines

The Philippine barbed wire market soared to $X in 2021, increasing by 30% against the previous year. Overall, consumption saw a strong increase. Barbed wire consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Barbed Wire Production in the Philippines

In value terms, barbed wire production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 254% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Barbed Wire Exports

Exports from the Philippines

In 2021, barbed wire exports from the Philippines surged to X tons, picking up by 36% on the previous year. In general, exports, however, continue to indicate a sharp descent. The pace of growth was the most pronounced in 2013 with an increase of 2,114% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, barbed wire exports dropped sharply to $X in 2021. Over the period under review, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2013 with an increase of 22,688%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Micronesia (X tons) was the main destination for barbed wire exports from the Philippines, accounting for a 72% share of total exports. Moreover, barbed wire exports to Micronesia exceeded the volume sent to the second major destination, Singapore (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to Micronesia was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Micronesia was relatively modest.

Export Prices by Country

The average barbed wire export price stood at $X per ton in 2021, falling by -39.9% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 929%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Micronesia ($X per ton), while the average price for exports to Singapore amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+169.0%), while the prices for the other major destinations experienced mixed trend patterns.

Barbed Wire Imports

Imports into the Philippines

In 2021, approx. X tons of barbed wire and entanglements were imported into the Philippines; surging by 21% compared with the previous year. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 137% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, barbed wire imports reached $X in 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 229% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest barbed wire supplier to the Philippines, accounting for a 78% share of total imports. Moreover, barbed wire imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +18.8%.

In value terms, China ($X) constituted the largest supplier of barbed wire and entanglements to the Philippines, comprising 66% of total imports. The second position in the ranking was held by South Korea ($X), with a 31% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +26.5%.

Import Prices by Country

In 2021, the average barbed wire import price amounted to $X per ton, reducing by -13.2% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, barbed wire import price increased by +13.8% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of 39%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+18.2%), 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 barbed wire and entanglements in the world?

The countries with the highest volumes of barbed wire consumption in 2021 were Turkey, China and the United States, with a combined 46% share of global consumption.

What are the largest producers of barbed wire and entanglements in the world?

The countries with the highest volumes of barbed wire production in 2021 were Turkey, China and the United States, together comprising 54% of global production.

What are the leading suppliers of barbed wire and entanglements to the Philippines?

In value terms, China constituted the largest supplier of barbed wire to the Philippines, comprising 63% of total imports. The second position in the ranking was occupied by South Korea, with a 13% share of total imports.

What is the average export price for barbed wire and entanglements in the Philippines?

In 2021, the average barbed wire export price amounted to $5,850 per ton, with a decrease of -97.5% against the previous year.

What is the average import price for barbed wire and entanglements in the Philippines?

The average barbed wire import price stood at $650 per ton in 2021, dropping by -7.4% against the previous year.

This report provides an in-depth analysis of the barbed wire 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 25931230 - Barbed wire and barbed wire entanglements made from steel or steel wire

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.

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 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
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