Cooling Water Cost in Philippines
The chart above illustrates Cooling Water cost assessments, in US Dollar Cent per cubic meter (USD cent/m3), from May 2022 through May 2023, as described below:
- cash cost, on-site: Cooling Water, Philippines, cash cost, formula, on-site (typical consumer facility)
- contract price, exw: Cooling Water, Philippines, contract price, exw, formula
- cash cost, off-site: Cooling Water, Philippines, cash cost, formula, off-site (large supplier)
In May 2023, the on-site cash cost for Cooling Water in the Philippines stood at 5.13 USD cent per cubic meter, showing no change compared to April 2023. When comparing the May 2023 figure to May 2022, Cooling Water on-site costs in the Philippines declined by 14% over the 12-month period. The ex-works contract price for Cooling Water in the Philippines reached 3.91 USD cent per cubic meter in May 2023, remaining flat from the previous month of April 2023. Comparing May 2023 to May 2022, Cooling Water contract prices in the Philippines experienced an 18% decrease over the year. The off-site cash cost for Cooling Water in the Philippines was recorded at 3.12 USD cent per cubic meter in May 2023, with no variation from April 2023. Year-over-year analysis shows that Cooling Water off-site costs in the Philippines fell by 21% when comparing May 2023 to May 2022.
The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.
Other Utility Costs
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About Cooling Water
Cooling water is a fundamental utility used to dissipate heat from industrial processes. It circulates through heat exchangers and other cooling systems, absorbing heat from equipment and processes. The heated water is then cooled, often through evaporation in cooling towers, before being recirculated.