Report Update: May 1, 2024

Philippines - Carbon Brushes - Market Analysis, Forecast, Size, Trends And Insights

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Carbon Brush Price in the Philippines - 2023

Carbon Brush Price in the Philippines (CIF) - 2023

The average carbon brush import price stood at $31,078 per ton in May 2023, falling by -19.3% against the previous month. In general, the import price saw a perceptible setback. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 18% month-to-month. The import price peaked at $39,536 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($48,409 per ton), while the price for China ($4,900 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Thailand (+12.1%), while the prices for the other major suppliers experienced a decline.

Carbon Brush Price in the Philippines (FOB) - 2022

In 2022, the average carbon brush export price amounted to $19,808 per ton, falling by -77.1% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of 54% against the previous year. Over the period under review, the average export prices reached the maximum at $86,676 per ton in 2021, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +18.4% per year.

Carbon Brush Imports in the Philippines

In 2022, approx. 60 tons of carbon brushes were imported into the Philippines; waning by -82.9% compared with 2021 figures. Overall, imports recorded a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 12%.

In value terms, carbon brush imports dropped to $14M in 2022. Over the period under review, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of $16M, and then fell in the following year.

Import of Carbon Brush in the Philippines (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	N/A	N/A	N/A	11.6	0%
Brazil	N/A	N/A	N/A	2.0	0%
Thailand	0.7	0.5	0.4	N/A	-24.4%
Japan	11.5	8.8	12.6	N/A	4.7%
China	1.2	1.0	1.2	N/A	0.0%
Others	1.0	1.2	1.4	N/A	18.3%
Total	14.4	11.6	15.6	13.6	-1.9%

Top Suppliers of Carbon Brush to the Philippines in 2022:

Switzerland (34.5 tons)
Brazil (25.6 tons)

Carbon Brush Exports in the Philippines

Carbon brush exports from the Philippines surged to 71 tons in 2022, growing by 277% against 2021 figures. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbon brush exports shrank to $1.4M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. As a result, the exports attained the peak of $1.6M, and then dropped in the following year.

Export of Carbon Brush in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	0.8	28.9	5.7	1,407	1107.1%
Japan	419	389	664	N/A	25.9%
Hungary	58.3	74.3	3.9	N/A	-74.1%
China	483	386	396	N/A	-9.5%
Vietnam	126	303	559	N/A	110.6%
Others	9.4	N/A	4.4	N/A	-31.6%
Total	1,096	1,182	1,633	1,407	8.7%

Top Export Markets for Carbon Brush from the Philippines in 2022:

South Africa (71.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carbon brush 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 27901370 - Carbon brushes

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023