Philippines - Files, Rasps And Similar Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFiles and Rasps Price in the Philippines - 2023
Contents:
- Files and Rasps Price in the Philippines (CIF) - 2022
- Files and Rasps Price in the Philippines (FOB) - 2022
- Files and Rasps Imports in the Philippines
- Files and Rasps Exports in the Philippines
Files and Rasps Price in the Philippines (CIF) - 2022
The average files and rasps import price stood at $1.3 per unit in 2022, reducing by -20.6% 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 2018 an increase of 194%. The import price peaked at $1.7 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($1.3 per unit) and China ($1.3 per unit), while the price for Singapore ($1.3 per unit) and Italy ($1.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+40.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Files and Rasps Price in the Philippines (FOB) - 2022
In 2022, the average files and rasps export price amounted to $1.8 per unit, with a decrease of -13.4% against the previous year. In general, the export price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2016 an increase of 205% against the previous year. As a result, the export price reached the peak level of $5 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1.8 per unit), while the average price for exports to France ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+216.1%), while the prices for the other major destinations experienced mixed trend patterns.
Files and Rasps Imports in the Philippines
After three years of growth, purchases abroad of files, rasps and similar tools decreased by -32.1% to 641K units in 2022. In general, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 9.9%. As a result, imports reached the peak of 944K units, and then contracted notably in the following year.
In value terms, files and rasps imports declined rapidly to $852K in 2022. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of $1.6M, and then contracted significantly in the following year.
| Import of Files and Rasps in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 326 | 405 | 237 | 284 | -4.5% |
| Japan | 739 | 669 | 1,030 | 149 | -41.4% |
| United States | 46.8 | 33.7 | 28.0 | 118 | 36.1% |
| Singapore | 38.8 | 62.8 | 46.6 | 87.7 | 31.2% |
| China | 101 | 45.6 | 98.3 | 84.6 | -5.7% |
| South Korea | 13.1 | 33.3 | 25.0 | 33.0 | 36.1% |
| Italy | 31.4 | 14.3 | 12.7 | 24.8 | -7.6% |
| Others | 103 | 71.5 | 102 | 70.9 | -11.7% |
| Total | 1,400 | 1,335 | 1,579 | 852 | -15.3% |
Top Suppliers of Files and Rasps to the Philippines in 2022:
- Germany (213.7K units)
- Japan (112.1K units)
- United States (88.7K units)
- Singapore (66.0K units)
- China (63.7K units)
- South Korea (24.9K units)
- Italy (18.6K units)
Files and Rasps Exports in the Philippines
In 2022, exports of files, rasps and similar tools from the Philippines fell rapidly to 2.2K units, reducing by -74.9% against 2021. Over the period under review, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. The exports peaked at 193K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, files and rasps exports dropped dramatically to $4K in 2022. Overall, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 154% against the previous year. The exports peaked at $392K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Files and Rasps in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 2.8 | 0% |
| Japan | 376 | 7.2 | N/A | 1.1 | -85.7% |
| France | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | N/A | N/A | 18.2 | N/A | 0% |
| Singapore | 16.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 392 | 7.2 | 18.2 | 4.0 | -78.3% |
Top Export Markets for Files and Rasps from the Philippines in 2022:
- United States (1602.0 units)
- Japan (593.0 units)
- France (44.0 units)
This report provides an in-depth analysis of the files and rasps 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 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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