Philippines - Dental Drill Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDental Drill Engine Price in the Philippines - 2022
Contents:
- Dental Drill Engine Price in the Philippines (FOB) - 2022
- Dental Drill Engine Price in the Philippines (CIF) - 2022
- Dental Drill Engine Exports in the Philippines
- Dental Drill Engine Imports in the Philippines
Dental Drill Engine Price in the Philippines (FOB) - 2022
In 2022, the average dental drill engine export price amounted to $143,253 per ton, almost unchanged from the previous year. Overall, the export price saw a deep slump. The growth pace was the most rapid in 2019 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs at $820,805 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +14.4% per year.
Dental Drill Engine Price in the Philippines (CIF) - 2022
In 2022, the average dental drill engine import price amounted to $25,050 per ton, with a decrease of -28.9% against the previous year. Over the period under review, the import price, however, posted significant growth. The growth pace was the most rapid in 2013 when the average import price increased by 353%. Over the period under review, average import prices attained the peak figure at $99,075 per ton in 2017; however, from 2018 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 Canada ($78,273 per ton), while the price for China stood at $6,698 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Dental Drill Engine Exports in the Philippines
In 2022, after three years of growth, there was significant decline in overseas shipments of dental drill engines, when their volume decreased by -26% to 3.7 tons. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 101%. As a result, the exports attained the peak of 5 tons, and then declined markedly in the following year.
In value terms, dental drill engine exports reduced sharply to $530K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, the exports reached the peak of $720K, and then fell markedly in the following year.
| Export of Dental Drill Engine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 144 | 26.1 | 46.0 | 530 | 54.4% |
| Italy | 72.8 | 35.6 | N/A | N/A | -51.1% |
| United States | N/A | 275 | 654 | N/A | 137.8% |
| Others | 17.1 | 3.1 | 19.8 | N/A | 7.6% |
| Total | 234 | 340 | 720 | 530 | 31.3% |
Top Export Markets for Dental Drill Engine from the Philippines in 2022:
- France (3.7 tons)
Dental Drill Engine Imports in the Philippines
In 2022, purchases abroad of dental drill engines decreased by -38.2% to 3.8 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 701% against the previous year.
In value terms, dental drill engine imports fell notably to $95K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 551% against the previous year. As a result, imports reached the peak of $216K, and then declined notably in the following year.
| Import of Dental Drill Engine in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.5 | 1.5 | 4.2 | 76.2 | 127.2% |
| China | 1.0 | 1.0 | 1.0 | 18.9 | 166.4% |
| South Korea | N/A | 6.4 | 30.6 | N/A | 378.1% |
| Japan | N/A | 2.4 | 161 | N/A | 6608.3% |
| United States | N/A | 0.2 | 11.6 | N/A | 5700.0% |
| Israel | N/A | 21.7 | 1.6 | N/A | -92.6% |
| Others | N/A | N/A | 6.0 | N/A | 0% |
| Total | 7.5 | 33.2 | 216 | 95.1 | 133.2% |
Top Suppliers of Dental Drill Engine to the Philippines in 2022:
- China (2.8 tons)
- Canada (1.0 tons)
This report provides an in-depth analysis of the dental drill engine 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 32501130 - Dental drill engines, whether or not combined on a single base with other dental equipment
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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