Philippines - Machines For Mixing Mineral Substances With Bitumen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBitumen Mixer Price in the Philippines - 2023
Contents:
- Bitumen Mixer Price in the Philippines (CIF) - 2022
- Bitumen Mixer Price in the Philippines (FOB) - 2022
- Bitumen Mixer Imports in the Philippines
- Bitumen Mixer Exports in the Philippines
Bitumen Mixer Price in the Philippines (CIF) - 2022
In 2022, the average bitumen mixer import price amounted to $841 per unit, which is down by -7.9% against the previous year. In general, the import price recorded a noticeable slump. The pace of growth was the most pronounced in 2013 an increase of 42%. As a result, import price attained the peak level of $1,510 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($2,397 per unit), while the price for Japan ($550 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+285.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Bitumen Mixer Price in the Philippines (FOB) - 2022
In 2022, the average bitumen mixer export price amounted to $23,710 per unit, growing by 256% against the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 2,253%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for Micronesia amounted to +3.4% per year.
Bitumen Mixer Imports in the Philippines
In 2022, overseas purchases of machines for mixing mineral substances with bitumen decreased by -42.9% to 945 units, falling for the second year in a row after two years of growth. In general, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, imports attained the peak of 3K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, bitumen mixer imports contracted dramatically to $795K in 2022. Overall, imports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 73%. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Bitumen Mixer in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 845 | 1,238 | 412 | 423 | -20.6% |
South Korea | 189 | 1,107 | 414 | 149 | -7.6% |
Italy | 167 | 118 | 20.9 | 97.5 | -16.4% |
Japan | 75.0 | 397 | 17.2 | 88.0 | 5.5% |
Singapore | 295 | 91.1 | 268 | 25.6 | -55.7% |
Hong Kong SAR | 30.7 | 1.7 | 6.7 | 1.6 | -62.6% |
Thailand | 187 | 281 | 261 | N/A | 18.1% |
India | 153 | 160 | 0.3 | N/A | -95.6% |
Others | 96.2 | 124 | 112 | 11.0 | -51.5% |
Total | 2,037 | 3,518 | 1,511 | 795 | -26.9% |
Top Suppliers of Bitumen Mixer to the Philippines in 2022:
- China (563.0 units)
- Japan (160.0 units)
- Italy (131.0 units)
- South Korea (62.0 units)
- Singapore (14.0 units)
- Hong Kong SAR (3.0 units)
Bitumen Mixer Exports in the Philippines
In 2022, overseas shipments of machines for mixing mineral substances with bitumen decreased by -66.7% to 1 units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 300%. As a result, the exports reached the peak of 4 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, bitumen mixer exports surged to $24K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,738% against the previous year. As a result, the exports attained the peak of $34K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Bitumen Mixer in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | N/A | 29.4 | N/A | 23.7 | -10.2% |
Germany | N/A | 0.2 | N/A | N/A | 0% |
Micronesia | 1.9 | 2.5 | 2.1 | N/A | 5.1% |
Egypt | N/A | N/A | 4.4 | N/A | 0% |
Palau | N/A | 2.1 | N/A | N/A | 0% |
Australia | N/A | N/A | 13.5 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.9 | 34.3 | 20.0 | 23.7 | 131.9% |
Top Export Markets for Bitumen Mixer from the Philippines in 2022:
- South Korea (1.0 units)
This report provides an in-depth analysis of the bitumen mixer 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 28924070 - Machines for mixing mineral substances with bitumen
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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