Philippines - Inductors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInductor Price in the Philippines - 2022
Contents:
- Inductor Price in the Philippines (FOB) - 2022
- Inductor Price in the Philippines (CIF) - 2022
- Inductor Exports in the Philippines
- Inductor Imports in the Philippines
Inductor Price in the Philippines (FOB) - 2022
The average inductor export price stood at $0.6 per unit in 2022, flattening at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 39% against the previous year. As a result, the export price attained the peak level of $0.7 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1.1 per unit), while the average price for exports to India ($0.1 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 the United States (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Inductor Price in the Philippines (CIF) - 2022
The average inductor import price stood at $0.2 per unit in 2022, rising by 2.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 50%. Over the period under review, average import prices reached the peak figure at $0.2 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($0.6 per unit), while the price for South Korea ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Inductor Exports in the Philippines
Inductor exports from the Philippines fell to 702M units in 2022, reducing by -13.1% against 2021. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. The exports peaked at 895M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, inductor exports contracted to $410M in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. Over the period under review, the exports hit record highs at $522M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Inductor in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 78.9 | 42.4 | 87.2 | 69.1 | -4.3% |
| China | 133 | 14.3 | 62.4 | 54.8 | -25.6% |
| South Korea | 78.2 | 43.5 | 53.8 | 43.1 | -18.0% |
| Germany | 23.4 | 9.3 | 40.3 | 33.5 | 12.7% |
| United States | 18.1 | 9.1 | 28.4 | 27.2 | 14.5% |
| Singapore | 28.9 | 1.3 | 24.1 | 19.6 | -12.1% |
| Japan | 13.6 | 2.5 | 19.3 | 19.5 | 12.8% |
| Taiwan (Chinese) | 15.8 | 0.7 | 18.5 | 15.5 | -0.6% |
| India | 10.4 | 12.4 | 10.7 | 13.0 | 7.7% |
| Others | 121 | 131 | 127 | 115 | -1.7% |
| Total | 522 | 266 | 471 | 410 | -7.7% |
Top Export Markets for Inductor from the Philippines in 2022:
- India (184.5M units)
- Hong Kong SAR (120.0M units)
- Germany (88.4M units)
- China (51.4M units)
- South Korea (49.1M units)
- United States (46.4M units)
- Japan (46.0M units)
- Taiwan (Chinese) (30.6M units)
- Singapore (27.0M units)
Inductor Imports in the Philippines
After three years of growth, overseas purchases of inductors decreased by -15.4% to 423M units in 2022. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of 500M units, and then fell sharply in the following year.
In value terms, inductor imports declined to $66M in 2022. The total import value increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of $77M, and then reduced in the following year.
| Import of Inductor in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.6 | 21.1 | 22.9 | 20.2 | 6.8% |
| Hong Kong SAR | 11.9 | 13.1 | 18.2 | 15.0 | 8.0% |
| Japan | 5.7 | 11.3 | 17.2 | 12.9 | 31.3% |
| Singapore | 8.5 | 7.1 | 11.1 | 9.3 | 3.0% |
| United States | 1.1 | 0.8 | 2.0 | 1.7 | 15.6% |
| Taiwan (Chinese) | 1.2 | 3.0 | 0.5 | 1.2 | 0.0% |
| South Korea | 1.5 | 1.5 | 1.2 | 1.2 | -7.2% |
| Others | 5.4 | 3.2 | 3.5 | 4.8 | -3.9% |
| Total | 51.8 | 61.2 | 76.7 | 66.2 | 8.5% |
Top Suppliers of Inductor to the Philippines in 2022:
- China (147.1M units)
- Hong Kong SAR (113.9M units)
- Singapore (74.5M units)
- Japan (21.6M units)
- South Korea (18.8M units)
- Taiwan (Chinese) (13.5M units)
- United States (11.0M units)
This report provides an in-depth analysis of the inductor 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 27115080 - Inductors (excluding induction coils, deflection coils for cathode-ray tubes, for discharge lamps and tubes)
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
-
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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