Philippines - Band Saw Blades - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBand Saw Blade Price in the Philippines - 2023
Contents:
- Band Saw Blade Price in the Philippines (FOB) - 2022
- Band Saw Blade Price in the Philippines (CIF) - 2022
- Band Saw Blade Exports in the Philippines
- Band Saw Blade Imports in the Philippines
Band Saw Blade Price in the Philippines (FOB) - 2022
The average band saw blade export price stood at $19,171 per ton in 2022, stabilizing at the previous year. In general, the export price, however, showed slight growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 223%. As a result, the export price reached the peak level of $20,526 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($19,321 per ton) and the United States ($19,320 per ton), while the average price for exports to Japan ($19,054 per ton) and China ($19,320 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Band Saw Blade Price in the Philippines (CIF) - 2022
In 2022, the average band saw blade import price amounted to $20,126 per ton, declining by -3.1% against the previous year. Overall, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2018 an increase of 266%. Over the period under review, average import prices attained the peak figure at $20,778 per ton in 2021, and then dropped modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($20,837 per ton) and Singapore ($20,837 per ton), while the price for India ($18,657 per ton) and Japan ($19,126 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Band Saw Blade Exports in the Philippines
In 2022, band saw blade exports from the Philippines fell significantly to 141 tons, reducing by -57.9% compared with 2021 figures. Over the period under review, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, the exports attained the peak of 334 tons, and then dropped dramatically in the following year.
In value terms, band saw blade exports dropped sharply to $2.7M in 2022. Overall, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of $6.4M, and then dropped notably in the following year.
Export of Band Saw Blade in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.2 | 3.6 | 3.4 | 1.5 | -29.1% |
China | 0.7 | 0.6 | 1.6 | 0.7 | 0.0% |
United States | 0.9 | 0.8 | 1.0 | 0.4 | -23.7% |
Romania | N/A | 0.1 | 0.4 | 0.1 | 0.0% |
Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
Total | 6.0 | 5.3 | 6.4 | 2.7 | -23.4% |
Top Export Markets for Band Saw Blade from the Philippines in 2022:
- Japan (78.6 tons)
- China (34.2 tons)
- United States (20.3 tons)
- Romania (7.4 tons)
Band Saw Blade Imports in the Philippines
Band saw blade imports into the Philippines was estimated at 57 tons in 2022, growing by 4.4% on 2021. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, band saw blade imports reached $1.1M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Band Saw Blade in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 442 | 237 | 216 | 275 | -14.6% |
China | 49.3 | 87.5 | 231 | 217 | 63.9% |
Hong Kong SAR | 1.7 | 3.0 | 197 | 184 | 376.6% |
Germany | 101 | 96.8 | 119 | 111 | 3.2% |
United States | 74.1 | 149 | 93.5 | 97.3 | 9.5% |
Singapore | 40.7 | 74.9 | 66.0 | 61.9 | 15.0% |
Italy | 18.2 | 82.4 | 19.7 | 37.0 | 26.7% |
India | 83.7 | 4.3 | 13.7 | 31.3 | -28.0% |
Others | 145 | 136 | 175 | 128 | -4.1% |
Total | 955 | 870 | 1,130 | 1,143 | 6.2% |
Top Suppliers of Band Saw Blade to the Philippines in 2022:
- Japan (14.4 tons)
- China (10.4 tons)
- Hong Kong SAR (8.8 tons)
- Germany (5.3 tons)
- United States (5.0 tons)
- Singapore (3.0 tons)
- Italy (1.9 tons)
- India (1.7 tons)
This report provides an in-depth analysis of the band saw blade 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 25732020 - Band saw blades
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
- Find deeper insights into current market developments
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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