Report Update Nov 1, 2024

Philippines - Zinc Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Zinc Ores And Concentrates 2024

Market Size for Zinc Ores And Concentrates in the Philippines

In 2021, the Philippine zinc ores and concentrates market decreased by -3.4% to $X for the first time since 2011, thus ending a nine-year rising trend. Overall, consumption, however, saw prominent growth. Zinc ores and concentrates consumption peaked at $X in 2020, and then reduced slightly in the following year.

Production of Zinc Ores And Concentrates in the Philippines

In value terms, zinc ores and concentrates production reached $X in 2021 estimated in export price. Overall, production continues to indicate a perceptible setback. Zinc ores and concentrates production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Zinc Ores And Concentrates

Exports from the Philippines

In 2021, overseas shipments of zinc ores and concentrates increased by 9.7% to X tons, rising for the fourth year in a row after five years of decline. Overall, exports, however, recorded a significant curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 135% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, zinc ores and concentrates exports contracted to $X in 2021. In general, exports, however, showed a significant contraction. The pace of growth was the most pronounced in 2018 with an increase of 34%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for zinc ores and concentrates exports from the Philippines, accounting for a 100% share of total exports. It was followed by China (X tons), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Korea stood at -34.6%.

In value terms, South Korea ($X) remains the key foreign market for zinc ores and concentrates exports from the Philippines, comprising 100% of total exports. The second position in the ranking was taken by China ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to South Korea totaled -42.8%.

Export Prices by Country

In 2021, the average zinc ores and concentrates export price amounted to $X per ton, with a decrease of -22.2% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 5.5%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+11.0%), while the prices for the other major destinations experienced a decline.

Imports of Zinc Ores And Concentrates

Imports into the Philippines

In 2021, purchases abroad of zinc ores and concentrates decreased by -19.4% to X tons, falling for the fifth year in a row after three years of growth. Overall, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2015 with an increase of 151%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, zinc ores and concentrates imports dropped rapidly to $X in 2021. Over the period under review, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 142%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of zinc ores and concentrates to the Philippines, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -2.1%.

In value terms, China ($X) constituted the largest supplier of zinc ores and concentrates to the Philippines.

From 2012 to 2021, the average annual growth rate of value from China totaled -5.9%.

Import Prices by Country

In 2021, the average zinc ores and concentrates import price amounted to $X per ton, picking up by 2.1% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +5.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for zinc ores and concentrates in the world?

The countries with the highest volumes of in 2021 were India, China and South Korea, together comprising 46% of global consumption. These countries were followed by Australia, Japan, Kazakhstan, Ireland, Mexico, Spain, Belgium, Canada, Finland and the Netherlands, which together accounted for a further 32%.

What are the largest producers of zinc ores and concentrates in the world?

The countries with the highest volumes of in 2021 were India, Australia and Peru, together comprising 50% of global production. The United States, Turkey, Kazakhstan, Mexico, Ireland, Bolivia, Sweden, Portugal, Russia and South Africa lagged somewhat behind, together comprising a further 35%.

What are the leading suppliers of zinc ores and concentrates to the Philippines?

In value terms, China constituted the largest supplier of zinc ores and concentrates to the Philippines.

What are the leading importers of zinc ores and concentrates from the Philippines?

In value terms, South Korea remains the key foreign market for zinc ores and concentrates exports from the Philippines.

What is the average export price for zinc ores and concentrates in the Philippines?

In 2021, the average zinc ores and concentrates export price amounted to $314 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for zinc ores and concentrates in the Philippines?

The average zinc ores and concentrates import price stood at $1,373 per ton in 2021, declining by -1.7% against the previous year.

This report provides an in-depth analysis of the market for zinc ores and concentrates 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 07291520 -

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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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