Report Update Nov 1, 2024

Philippines - Lead Ore - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Lead Ore Market 2022

Lead Ore Market Size in the Philippines

In 2021, the Philippine lead ore market increased by 2.1% to $X, rising for the third consecutive year after two years of decline. Overall, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +40.0% against 2018 indices. Lead ore consumption peaked in 2021 and is expected to retain growth in the immediate term.

Lead Ore Production in the Philippines

In value terms, lead ore production declined to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 10%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Lead Ore Exports

Exports from the Philippines

In 2021, shipments abroad of lead ores decreased by -86.2% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports recorded a sharp decrease. The growth pace was the most rapid in 2015 with an increase of 105% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, lead ore exports contracted dramatically to $X in 2021. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2015 when exports increased by 148%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for lead ore exports from the Philippines, with a 73% share of total exports. Moreover, lead ore exports to China exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X tons), threefold. Hong Kong SAR (X kg) ranked third in terms of total exports with a 1.1% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -34.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (0.0% per year) and Hong Kong SAR (-39.6% per year).

In value terms, China ($X), Lao People's Democratic Republic ($X) and Hong Kong SAR ($X) constituted the largest markets for lead ore exported from the Philippines worldwide, with a combined 100% share of total exports.

Among the main countries of destination, Lao People's Democratic Republic, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average lead ore export price stood at $X per ton in 2021, with an increase of 11% against the previous year. Overall, the export price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2015 an increase of 21%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+18.4%), while the prices for the other major destinations experienced a decline.

Lead Ore Imports

Imports into the Philippines

In 2021, overseas purchases of lead ores increased by 30% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 70%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, lead ore imports soared to $X in 2021. In general, imports, however, saw a deep slump. The growth pace was the most rapid in 2015 with an increase of 34% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of lead ore to the Philippines, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -7.4%.

In value terms, the United States ($X) constituted the largest supplier of lead ore to the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -10.3%.

Import Prices by Country

The average lead ore import price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the import price showed a perceptible reduction. The growth pace was the most rapid in 2014 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -3.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lead ore in the world?

The country with the largest volume of lead ore consumption was Kazakhstan, accounting for 54% of total volume. Moreover, lead ore consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was occupied by Guatemala, with an 8.8% share.

What are the largest producers of lead ore in the world?

Kazakhstan remains the largest lead ore producing country worldwide, accounting for 50% of total volume. Moreover, lead ore production in Kazakhstan exceeded the figures recorded by the second-largest producer, Guatemala, fourfold. The third position in this ranking was occupied by Mexico, with a 5.2% share.

What are the leading suppliers of lead ore to the Philippines?

In value terms, the United States constituted the largest supplier of lead ore to the Philippines.

What are the leading importers of lead ore from the Philippines?

In value terms, China remains the key foreign market for lead ore exports from the Philippines, comprising 97% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 2.5% share of total exports.

What is the average export price for lead ore in the Philippines?

In 2021, the average lead ore export price amounted to $385 per ton, reducing by -5.8% against the previous year.

What is the average import price for lead ore in the Philippines?

The average lead ore import price stood at $1,235 per ton in 2021, surging by 3.4% against the previous year.

This report provides an in-depth analysis of the lead ore 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 07291510 -

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:

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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 2012–2023
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