Amplifiers; Audio-Frequency Electric Price in the Philippines - 2023
Contents:
- Amplifiers; Audio-Frequency Electric Price in the Philippines (CIF) - 2022
- Amplifiers; Audio-Frequency Electric Price in the Philippines (FOB) - 2022
- Amplifiers; Audio-Frequency Electric Imports in the Philippines
- Amplifiers; Audio-Frequency Electric Exports in the Philippines
Amplifiers; Audio-Frequency Electric Price in the Philippines (CIF) - 2022
The average amplifiers; audio-frequency electric import price stood at $27 per unit in 2022, with a decrease of -2.4% against the previous year. Over the period under review, the import price showed a perceptible slump. The growth pace was the most rapid in 2013 an increase of 25%. Over the period under review, average import prices attained the peak figure at $53 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($82 per unit), while the price for Hong Kong SAR ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Amplifiers; Audio-Frequency Electric Price in the Philippines (FOB) - 2022
The average amplifiers; audio-frequency electric export price stood at $145 per unit in 2022, waning by -31.9% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 77%. The export price peaked at $1,221 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,715 per unit), while the average price for exports to Japan ($64 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Amplifiers; Audio-Frequency Electric Imports in the Philippines
In 2022, the amount of amplifiers; audio-frequency electrics imported into the Philippines skyrocketed to 448K units, rising by 48% on the previous year. Over the period under review, imports saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 122% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, amplifiers; audio-frequency electric imports surged to $12M in 2022. In general, imports, however, saw a noticeable decline. Over the period under review, imports hit record highs at $14M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Amplifiers; Audio-Frequency Electric in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.5 | 4.1 | 6.1 | 8.9 | -2.2% |
| Singapore | 0.6 | 0.4 | 0.3 | 0.6 | 0.0% |
| Hong Kong SAR | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
| Others | 3.6 | 2.6 | 2.0 | 2.5 | -11.4% |
| Total | 14.1 | 7.2 | 8.5 | 12.3 | -4.5% |
Top Suppliers of Amplifiers; Audio-Frequency Electric to the Philippines in 2022:
- China (398.6K units)
- Hong Kong SAR (15.0K units)
- Singapore (9.5K units)
Amplifiers; Audio-Frequency Electric Exports in the Philippines
For the fourth year in a row, the Philippines recorded growth in overseas shipments of amplifiers; audio-frequency electrics, which increased by 44% to 15K units in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 85% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, amplifiers; audio-frequency electric exports shrank slightly to $2.2M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 201% against the previous year. As a result, the exports attained the peak of $2.2M, and then dropped modestly in the following year.
| Export of Amplifiers; Audio-Frequency Electric in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 29.3 | 133 | 470 | 877 | 210.5% |
| Czech Republic | 3.4 | 2.4 | 194 | 474 | 418.5% |
| France | 88.2 | 110 | 77.7 | 424 | 68.8% |
| United States | 117 | 107 | 119 | 183 | 16.1% |
| Others | 633 | 387 | 1,366 | 229 | -28.7% |
| Total | 870 | 739 | 2,227 | 2,187 | 36.0% |
Top Export Markets for Amplifiers; Audio-Frequency Electric from the Philippines in 2022:
- Japan (13.6K units)
- Czech Republic (0.7K units)
- United States (0.4K units)
- France (0.2K units)
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