Philippines - Electro-Magnetic Couplings, Clutches And Brakes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectro-Magnetic Coupling Price in the Philippines - 2023
Contents:
- Electro-Magnetic Coupling Price in the Philippines (CIF) - 2022
- Electro-Magnetic Coupling Price in the Philippines (FOB) - 2022
- Electro-Magnetic Coupling Imports in the Philippines
- Electro-Magnetic Coupling Exports in the Philippines
Electro-Magnetic Coupling Price in the Philippines (CIF) - 2022
In 2022, the average electro-magnetic coupling import price amounted to $31,595 per ton, declining by -5.8% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 366%. Over the period under review, average import prices reached the maximum at $70,152 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($31,595 per ton), while the price for China ($31,595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Electro-Magnetic Coupling Price in the Philippines (FOB) - 2022
In 2022, the average electro-magnetic coupling export price amounted to $36,750 per ton, flattening at the previous year. Overall, the export price, however, showed a strong expansion. The growth pace was the most rapid in 2015 when the average export price increased by 35%. The export price peaked at $55,520 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($38,400 per ton), while the average price for exports to Japan stood at $34,000 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.2%).
Electro-Magnetic Coupling Imports in the Philippines
In 2022, approx. 624 tons of electro-magnetic couplings, clutches and brakes were imported into the Philippines; picking up by 54% on the previous year's figure. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electro-magnetic coupling imports soared to $20M in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electro-Magnetic Coupling in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 6.8 | 11.1 | 17.2 | 43.7% |
| United States | 0.3 | 0.1 | 0.3 | 1.2 | 58.7% |
| Japan | 1.3 | 1.3 | 0.6 | 0.8 | -14.9% |
| Hong Kong SAR | 0.2 | 0.2 | 0.4 | 0.1 | -20.6% |
| Others | 0.5 | 0.3 | 1.2 | 0.5 | 0.0% |
| Total | 8.1 | 8.7 | 13.6 | 19.7 | 34.5% |
Top Suppliers of Electro-Magnetic Coupling to the Philippines in 2022:
- China (543.1 tons)
- United States (36.5 tons)
- Japan (24.7 tons)
- Hong Kong SAR (3.7 tons)
Electro-Magnetic Coupling Exports in the Philippines
Electro-magnetic coupling exports from the Philippines shrank sharply to 8 kg in 2022, declining by -38.5% against the previous year. In general, exports saw a dramatic contraction.
In value terms, electro-magnetic coupling exports contracted sharply to $294 in 2022. Overall, exports recorded a dramatic setback.
| Export of Electro-Magnetic Coupling in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Thailand | N/A | N/A | 0.2 | 0% | |
| Japan | N/A | 0.5 | 0.1 | -80.0% | |
| Vietnam | 6.8 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 6.8 | 0.5 | 0.3 | -79.0% | |
Top Export Markets for Electro-Magnetic Coupling from the Philippines in 2022:
- Thailand (5.0 kg)
- Japan (3.0 kg)
This report provides an in-depth analysis of the electro-magnetic coupling 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 27904050 - Electro-magnetic couplings, clutches and brakes (excluding mechanical hydraulic or pneumatic brakes controlled by electro-magnetic devices)
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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