Steam Cost in Philippines
The chart above illustrates Steam cost assessments, in US Dollar per metric ton (USD/mt), from May 2022 through May 2023, as described below:
- Steam, MP, cash cost, on-site: Steam, Medium Pressure, Philippines, cash cost, formula, on-site (typical consumer facility)
- Steam, MP, contract price, exw: Steam, Medium Pressure, Philippines, contract price, exw, formula
- Steam, HP, cash cost, on-site: Steam, High Pressure, Philippines, cash cost, formula, on-site (typical consumer facility)
- Steam, HP, contract price, exw: Steam, High Pressure, Philippines, contract price, exw, formula
- Steam, LP, cash cost, on-site: Steam, Low Pressure, Philippines, cash cost, formula, on-site (typical consumer facility)
- Steam, LP, contract price, exw: Steam, Low Pressure, Philippines, contract price, exw, formula
- Steam, LP, cash cost, off-site: Steam, Low Pressure, Philippines, cash cost, formula, off-site (large supplier)
- Steam, HP, cash cost, off-site: Steam, High Pressure, Philippines, cash cost, formula, off-site (large supplier)
- Steam, MP, cash cost, off-site: Steam, Medium Pressure, Philippines, cash cost, formula, off-site (large supplier)
In May 2023, the medium pressure steam cash cost for on-site consumption in Philippines reached 16.40 USD per metric ton, representing a 7% decrease from April 2023. Comparing the May 2023 valuation to May 2022, medium pressure steam on-site cash costs have declined by 39% over the twelve-month period. Medium pressure steam contract pricing for ex-works delivery in Philippines was assessed at 14.90 USD per metric ton in May 2023, showing minimal change of 1% from the previous month. Year-over-year analysis reveals that medium pressure steam contract prices have fallen by 42% since May 2022. High pressure steam on-site cash costs in Philippines were valued at 17.80 USD per metric ton during May 2023, marking a modest 2% increase from April 2023. The twelve-month comparison indicates that high pressure steam on-site cash costs have experienced a 39% reduction from May 2022 levels. High pressure steam ex-works contract pricing in Philippines reached 16.20 USD per metric ton in May 2023, with a marginal 1% adjustment from April 2023. The year-long trend shows that high pressure steam contract prices have decreased by 42% relative to May 2022 values.
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
Steam is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies
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About Steam
Steam is a versatile utility widely used in process industries for heating, power generation, and driving mechanical equipment. It serves as a key energy source, transferring heat to various processes and driving turbines and compressors.