Philippines - Gravure Printing Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGravure Printing Machinery Price in the Philippines - 2023
Contents:
- Gravure Printing Machinery Price in the Philippines (CIF) - 2022
- Gravure Printing Machinery Price in the Philippines (FOB) - 2022
- Gravure Printing Machinery Imports in the Philippines
- Gravure Printing Machinery Exports in the Philippines
Gravure Printing Machinery Price in the Philippines (CIF) - 2022
In 2022, the average gravure printing machinery import price amounted to $5,086 per unit, increasing by 6,696% against the previous year. Overall, the import price saw a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,191 per unit), while the price for Italy amounted to $4,142 per unit.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Gravure Printing Machinery Price in the Philippines (FOB) - 2022
In 2022, the average gravure printing machinery export price amounted to $500 per unit, falling by -2.3% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $1,361 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -2.8% per year.
Gravure Printing Machinery Imports in the Philippines
In 2022, the amount of gravure printing machinery imported into the Philippines shrank remarkably to 289 units, waning by -99.1% compared with the year before. Over the period under review, imports faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 384%. Imports peaked at 217K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, gravure printing machinery imports dropped notably to $1.5M in 2022. Overall, imports faced a dramatic slump. The pace of growth was the most pronounced in 2021 when imports increased by 103%. Imports peaked at $4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Gravure Printing Machinery in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,542 | 278 | 683 | 1,412 | -2.9% |
| Italy | 151 | 59.6 | 55.5 | 20.7 | -48.4% |
| Hong Kong SAR | 24.4 | 13.6 | 16.8 | 7.8 | -31.6% |
| United States | 91.3 | 48.4 | 147 | 4.7 | -62.8% |
| South Korea | 678 | 312 | 1,190 | N/A | 32.5% |
| Japan | 1,257 | 454 | 53.7 | N/A | -79.3% |
| Chile | N/A | N/A | 29.3 | N/A | 0% |
| Taiwan (Chinese) | 51.7 | 44.0 | 72.5 | N/A | 18.4% |
| Others | 247 | 34.2 | 273 | 24.8 | -53.5% |
| Total | 4,042 | 1,244 | 2,521 | 1,470 | -28.6% |
Top Suppliers of Gravure Printing Machinery to the Philippines in 2022:
- China (272.0 units)
- Italy (5.0 units)
- Hong Kong SAR (3.0 units)
- United States (2.0 units)
Gravure Printing Machinery Exports in the Philippines
In 2022, approx. 64 units of gravure printing machinery were exported from the Philippines; picking up by 100% against 2021. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, gravure printing machinery exports skyrocketed to $32K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Gravure Printing Machinery in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.6 | 11.7 | 16.4 | 32.0 | 69.3% |
| Others | 1.8 | N/A | N/A | N/A | 0% |
| Total | 8.4 | 11.7 | 16.4 | 32.0 | 56.2% |
Top Export Markets for Gravure Printing Machinery from the Philippines in 2022:
- South Korea (64.0 units)
This report provides an in-depth analysis of the gravure printing machinery 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 28991450 - Gravure printing machinery
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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