Philippines - Electronic Machines And Appliances For Testing Materials - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Electronic Machines And Appliances For Testing Materials - Market Analysis, Forecast, Size, Trends And Insights

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Electronic Material Tester Price in the Philippines - 2023

Contents:

  1. Electronic Material Tester Price in the Philippines (CIF) - 2022
  2. Electronic Material Tester Price in the Philippines (FOB) - 2022
  3. Electronic Material Tester Imports in the Philippines
  4. Electronic Material Tester Exports in the Philippines

Electronic Material Tester Price in the Philippines (CIF) - 2022

In 2022, the average electronic material tester import price amounted to $4,093 per unit, surging by 86% against the previous year. Overall, the import price posted a prominent expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 147% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($4,093 per unit) and Germany ($4,093 per unit), while the price for Singapore ($4,093 per unit) and China ($4,093 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Electronic Material Tester Price in the Philippines (FOB) - 2022

In 2022, the average electronic material tester export price amounted to $3,629 per unit, with a decrease of -9.9% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 88%. Over the period under review, the average export prices reached the maximum at $4,028 per unit in 2021, and then dropped in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($3,629 per unit) and Singapore ($3,629 per unit), while the average price for exports to Taiwan (Chinese) ($3,629 per unit) and South Korea ($3,629 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 Taiwan (Chinese) (+44.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports in the Philippines

In 2022, the amount of electronic machines and appliances for testing materials imported into the Philippines fell remarkably to 1.4K units, waning by -44.1% against the year before. In general, imports showed a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of 2.6K units, and then dropped dramatically in the following year.

In value terms, electronic material tester imports expanded to $5.9M in 2022. Overall, imports showed a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $8.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Electronic Material Tester in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0823,0321,3761,62614.5%
United States4494968081,19838.7%
Japan2,202264642736-30.6%
Malaysia4844888835071.6%
Singapore641477223487-8.8%
Germany2342953712704.9%
United Kingdom311331100229-9.7%
Taiwan (Chinese)254517306155-15.2%
Italy438202256137-32.1%
South Korea32811725.621.4-59.7%
Others8692,007701533-15.0%
Total7,2938,2265,6925,900-6.8%

Top Suppliers of Electronic Material Tester to the Philippines in 2022:

  1. China (397.0 units)
  2. United States (293.0 units)
  3. Japan (180.0 units)
  4. Malaysia (124.0 units)
  5. Singapore (119.0 units)
  6. Germany (66.0 units)
  7. United Kingdom (56.0 units)
  8. Taiwan (Chinese) (38.0 units)
  9. Italy (33.0 units)
  10. South Korea (5.0 units)

Electronic Material Tester Exports in the Philippines

In 2022, exports of electronic machines and appliances for testing materials from the Philippines fell notably to 119 units, waning by -45.2% compared with 2021. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 325%. As a result, the exports attained the peak of 217 units, and then fell notably in the following year.

In value terms, electronic material tester exports shrank sharply to $431K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 377%. As a result, the exports reached the peak of $874K, and then reduced remarkably in the following year.

Export of Electronic Material Tester in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States92.70.243232551.9%
Singapore8.111.3N/A31.857.8%
South Korea62.918.039630.2-21.7%
Japan14.843.836.520.311.1%
Taiwan (Chinese)1.1N/AN/A17.5151.5%
OmanN/A29.4N/AN/A0%
Others52.180.59.56.8-49.3%
Total23218387443122.9%

Top Export Markets for Electronic Material Tester from the Philippines in 2022:

  1. United States (89.0 units)
  2. Singapore (9.0 units)
  3. South Korea (8.0 units)
  4. Japan (6.0 units)
  5. Taiwan (Chinese) (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electronic material tester 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 26516255 - Electronic machines and appliances for testing the properties of materials (excluding for metals)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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