Report Update Feb 1, 2025

Philippines - Iron or Steel Bridges and Bridge-Sections - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Iron Or Steel Bridges And Bridge-Sections 2025

Market Size for Iron Or Steel Bridges And Bridge-Sections in the Philippines

In 2022, the Philippine iron or steel bridges market decreased by -51.6% to $X, falling for the third consecutive year after two years of growth. Overall, consumption showed a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports from the Philippines

In 2022, the amount of iron or steel bridges and bridge-sections exported from the Philippines fell significantly to X kg, declining by 99.9% compared with the previous year's figure. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2014 with an increase of 2,348%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, iron or steel bridges exports dropped markedly to $X in 2022. In general, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 2,211% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X kg) was the main destination for iron or steel bridges exports from the Philippines, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled -56.6%.

In value terms, Japan ($X) also remains the key foreign market for iron or steel bridges and bridge-sections exports from the Philippines.

From 2012 to 2022, the average annual growth rate of value to Japan stood at -54.8%.

Export Prices by Country

The average iron or steel bridges export price stood at $X per ton in 2022, with an increase of 7.3% against the previous year. In general, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 45% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 the United States amounted to +16.8% per year.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports into the Philippines

In 2022, supplies from abroad of iron or steel bridges and bridge-sections decreased by -55% to X tons, falling for the third year in a row after two years of growth. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 209%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, iron or steel bridges imports dropped remarkably to $X in 2022. Over the period under review, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 492% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), France (X tons) and South Korea (X tons) were the main suppliers of iron or steel bridges imports to the Philippines, together comprising 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +21.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel bridges suppliers to the Philippines were China ($X), France ($X) and South Korea ($X), with a combined 90% share of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +32.2%, 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 iron or steel bridges import price amounted to $X per ton, with an increase of 12% against the previous year. In general, the import price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 92% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per ton) and Japan ($X per ton), while the price for South Korea ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel bridges and bridge-sections in the world?

China constituted the country with the largest volume of iron or steel bridges consumption, comprising approx. 26% of total volume. Moreover, iron or steel bridges consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 6.7% share.

What are the largest producers of iron or steel bridges and bridge-sections in the world?

China remains the largest iron or steel bridges producing country worldwide, comprising approx. 29% of total volume. Moreover, iron or steel bridges production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of iron or steel bridges and bridge-sections to the Philippines?

In value terms, France constituted the largest supplier of iron or steel bridges to the Philippines, comprising 65% of total imports. The second position in the ranking was occupied by China, with a 22% share of total imports. It was followed by Japan, with a 4.4% share.

What are the leading importers of iron or steel bridges and bridge-sections from the Philippines?

In value terms, Japan remains the key foreign market for iron or steel bridges exports from the Philippines, comprising 59% of total exports. The second position in the ranking was occupied by the United States, with a 21% share of total exports. It was followed by Canada, with a 6.7% share.

What is the average export price for iron or steel bridges and bridge-sections in the Philippines?

In 2021, the average iron or steel bridges export price amounted to $4,401 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for iron or steel bridges and bridge-sections in the Philippines?

The average iron or steel bridges import price stood at $4,134 per ton in 2021, picking up by 61% against the previous year.

This report provides an in-depth analysis of the market for iron or steel bridges 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 25112100 - Iron or steel bridges and bridge-sections

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 2012–2024
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