Philippines - Industrial Robots For Multiple Uses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Robot Price in the Philippines - 2023
Contents:
- Industrial Robot Price in the Philippines (CIF) - 2022
- Industrial Robot Price in the Philippines (FOB) - 2022
- Industrial Robot Imports in the Philippines
- Industrial Robot Exports in the Philippines
Industrial Robot Price in the Philippines (CIF) - 2022
The average industrial robot import price stood at $26,054 per unit in 2022, shrinking by -12.1% against the previous year. Overall, the import price, however, showed strong growth. The most prominent rate of growth was recorded in 2017 an increase of 48%. The import price peaked at $29,654 per unit in 2021, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($93,621 per unit), while the price for South Korea ($4,021 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Robot Price in the Philippines (FOB) - 2022
The average industrial robot export price stood at $31,737 per unit in 2022, with an increase of 7% against the previous year. In general, the export price saw buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 80% against the previous year. As a result, the export price attained the peak level of $45,466 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($39,451 per unit), while the average price for exports to Taiwan (Chinese) ($6,564 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 South Korea (+562.5%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Robot Imports in the Philippines
For the third year in a row, the Philippines recorded decline in overseas purchases of industrial robots for multiple uses, which decreased by -3.4% to 256 units in 2022. In general, imports saw a dramatic descent. Over the period under review, imports attained the peak figure at 537 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, industrial robot imports plummeted to $6.7M in 2022. Overall, imports continue to indicate a drastic downturn. The smallest decline of -2% was in 2020. Over the period under review, imports attained the peak figure at $11M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Industrial Robot in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.1 | 4.7 | 4.7 | 3.4 | -6.0% |
| China | 1.7 | 2.7 | 1.4 | 1.2 | -11.0% |
| Italy | 0.1 | 0.8 | 0.7 | 0.5 | 71.0% |
| Singapore | 1.0 | 0.2 | 0.1 | 0.3 | -33.1% |
| United States | 0.5 | 0.3 | 0.1 | 0.2 | -26.3% |
| South Korea | 0.6 | 0.2 | N/A | 0.2 | -30.7% |
| Hong Kong SAR | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 2.5 | 1.6 | 0.7 | 0.8 | -31.6% |
| Total | 10.7 | 10.5 | 7.9 | 6.7 | -14.4% |
Top Suppliers of Industrial Robot to the Philippines in 2022:
- China (100.0 units)
- Japan (48.0 units)
- South Korea (43.0 units)
- Singapore (39.0 units)
- Italy (11.0 units)
- United States (4.0 units)
- Hong Kong SAR (4.0 units)
Industrial Robot Exports in the Philippines
Industrial robot exports from the Philippines contracted remarkably to 5 units in 2022, waning by -28.6% compared with 2021. In general, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 250% against the previous year. The exports peaked at 10 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, industrial robot exports dropped notably to $159K in 2022. Over the period under review, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 89%. The exports peaked at $242K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Industrial Robot in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 82.2 | 10.0 | 78.9 | 94.8 | 4.9% |
| Japan | 92.4 | 57.5 | 40.8 | 58.4 | -14.2% |
| Taiwan (Chinese) | 7.2 | 4.6 | 4.5 | 5.5 | -8.6% |
| Hong Kong SAR | N/A | N/A | 83.4 | N/A | 0% |
| South Korea | 36.2 | 34.0 | N/A | N/A | -6.1% |
| Thailand | 4.8 | N/A | N/A | N/A | 0% |
| United States | 18.9 | 0.1 | N/A | N/A | -99.5% |
| Denmark | 0.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 3.5 | N/A | N/A | 0% |
| Total | 242 | 110 | 208 | 159 | -13.1% |
Top Export Markets for Industrial Robot from the Philippines in 2022:
- Japan (2.0 units)
- Singapore (2.0 units)
- Taiwan (Chinese) (1.0 units)
This report provides an in-depth analysis of the industrial robot 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 28993935 - Industrial robots for multiple uses (excluding robots designed to perform a specific function (e.g. lifting, handling, loading or unloading))
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
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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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