Philippines - Electric Brazing Or Soldering Machines And Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Brazing Machine Price in the Philippines - 2023
Contents:
- Electric Brazing Machine Price in the Philippines (CIF) - 2022
- Electric Brazing Machine Price in the Philippines (FOB) - 2022
- Electric Brazing Machine Imports in the Philippines
- Electric Brazing Machine Exports in the Philippines
Electric Brazing Machine Price in the Philippines (CIF) - 2022
The average electric brazing machine import price stood at $187 per unit in 2022, waning by -7% against the previous year. In general, the import price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2018 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs at $214 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($187 per unit) and Hong Kong SAR ($187 per unit), while the price for Singapore ($187 per unit) and China ($187 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Brazing Machine Price in the Philippines (FOB) - 2022
The average electric brazing machine export price stood at $321 per unit in 2022, surging by 56% against the previous year. In general, the export price enjoyed a significant increase. The growth pace was the most rapid in 2014 when the average export price increased by 1,369%. The export price peaked at $326 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($321 per unit) and Japan ($321 per unit), while the average price for exports to Malaysia ($321 per unit) and Singapore ($321 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+198.6%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Brazing Machine Imports in the Philippines
In 2022, after two years of decline, there was significant growth in supplies from abroad of electric brazing or soldering machines and apparatus, when their volume increased by 65% to 57K units. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric brazing machine imports soared to $11M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Electric Brazing Machine in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.6 | 2.4 | 2.1 | 6.0 | 18.6% |
Germany | 1.7 | 1.8 | 1.8 | 1.5 | -4.1% |
China | 1.0 | 1.1 | 1.5 | 1.0 | 0.0% |
Singapore | 0.6 | 0.3 | 0.4 | 0.7 | 5.3% |
Hong Kong SAR | 0.6 | 0.3 | 0.3 | 0.5 | -5.9% |
South Korea | 1.0 | 0.3 | 0.3 | 0.4 | -26.3% |
United States | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
Taiwan (Chinese) | 0.5 | N/A | 0.1 | N/A | -55.3% |
Others | 1.2 | 2.5 | 0.3 | 0.4 | -30.7% |
Total | 10.4 | 8.9 | 6.9 | 10.6 | 0.6% |
Top Suppliers of Electric Brazing Machine to the Philippines in 2022:
- Japan (32.2K units)
- Germany (8.0K units)
- China (5.1K units)
- Singapore (3.5K units)
- Hong Kong SAR (2.5K units)
- South Korea (2.0K units)
- United States (1.0K units)
- Taiwan (Chinese) (0.1K units)
Electric Brazing Machine Exports in the Philippines
After three years of growth, shipments abroad of electric brazing or soldering machines and apparatus decreased by -14.4% to 4.5K units in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 171% against the previous year. As a result, the exports attained the peak of 5.3K units, and then fell in the following year.
In value terms, electric brazing machine exports soared to $1.5M in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 179%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Electric Brazing Machine in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 2.9 | 74.6 | N/A | 630 | 501.1% |
Singapore | N/A | N/A | 0.4 | 333 | 83150.0% |
Japan | 189 | 408 | 1,063 | 294 | 15.9% |
China | 1.6 | 59.1 | N/A | 169 | 372.7% |
Thailand | N/A | 80.3 | N/A | N/A | 0% |
Panama | 10.9 | N/A | 24.4 | N/A | 49.6% |
Others | 24.5 | 15.4 | N/A | 28.8 | 5.5% |
Total | 229 | 638 | 1,088 | 1,454 | 85.2% |
Top Export Markets for Electric Brazing Machine from the Philippines in 2022:
- Hong Kong SAR (1965.0 units)
- Singapore (1038.0 units)
- Japan (917.0 units)
- China (526.0 units)
This report provides an in-depth analysis of the electric brazing machine 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 27903118 - Electric brazing or soldering machines and apparatus (excluding soldering irons and guns)
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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