Dredgers Price in the Philippines - 2023
Contents:
- Dredgers Price in the Philippines (CIF) - 2022
- Dredgers Price in the Philippines (FOB) - 2022
- Dredgers Imports in the Philippines
- Dredgers Exports in the Philippines
Dredgers Price in the Philippines (CIF) - 2022
The average dredgers import price stood at $71,770 per unit in 2022, surging by 115% against the previous year. In general, the import price enjoyed a slight increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16,159,658 per unit), while the price for China ($4,138 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+153.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Dredgers Price in the Philippines (FOB) - 2022
In 2022, the average dredgers export price amounted to $5,319,959 per unit, remaining stable against the previous year. In general, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($10,439,917 per unit), while the average price for exports to China amounted to $200,000 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+51.3%).
Dredgers Imports in the Philippines
In 2022, the amount of dredgerses imported into the Philippines surged to 11K units, jumping by 5,471% on the previous year's figure. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dredgers imports soared to $816M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dredgers in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.8 | 4.3 | 4.5 | 337 | 472.1% |
| Netherlands | 0.3 | 0.1 | N/A | 175 | 735.5% |
| Indonesia | 0.1 | 0.2 | 1.3 | 38.6 | 628.1% |
| Malaysia | 0.1 | 0.1 | 0.5 | 15.8 | 440.6% |
| China | 0.2 | 0.3 | 0.1 | 2.0 | 115.4% |
| Others | 0.4 | 0.8 | 0.3 | 248 | 752.7% |
| Total | 2.9 | 5.9 | 6.8 | 816 | 555.3% |
Top Suppliers of Dredgers to the Philippines in 2022:
- Singapore (7.5K units)
- Netherlands (1.6K units)
- Indonesia (1.4K units)
- China (0.5K units)
- Malaysia (0.3K units)
Dredgers Exports in the Philippines
In 2022, after two years of decline, there was decline in shipments abroad of dredgerses, when their volume decreased by 0% to 2 units. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, dredgers exports amounted to $11M in 2022. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Dredgers in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 3.0 | N/A | N/A | 10.4 | 51.3% |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Malaysia | 3.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.0 | N/A | N/A | 10.6 | 20.9% |
Top Export Markets for Dredgers from the Philippines in 2022:
- China (1.0 units)
- Singapore (1.0 units)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
