Philippines - Airbags With Inflator System And Parts Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInflator System Airbag Price in the Philippines - 2023
Contents:
- Inflator System Airbag Price in the Philippines (FOB) - 2022
- Inflator System Airbag Price in the Philippines (CIF) - 2022
- Inflator System Airbag Exports in the Philippines
- Inflator System Airbag Imports in the Philippines
Inflator System Airbag Price in the Philippines (FOB) - 2022
The average inflator system airbag export price stood at $23,205 per ton in 2022, dropping by -7.2% against the previous year. Overall, export price indicated a resilient expansion from 2017 to 2022: its price increased at an average annual rate of +9.7% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inflator system airbag export price increased by +58.6% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 28%. The export price peaked at $25,002 per ton in 2021, and then fell in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($22,911 per ton) and Japan ($22,911 per ton), while the average price for exports to Malaysia ($22,910 per ton) and China ($22,911 per ton) were amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Inflator System Airbag Price in the Philippines (CIF) - 2022
The average inflator system airbag import price stood at $14,207 per ton in 2022, declining by -38.4% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 22%. As a result, import price attained the peak level of $25,423 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21,373 per ton), while the price for China ($7,504 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+47.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Inflator System Airbag Exports in the Philippines
In 2022, the amount of airbags with inflator system and parts thereof exported from the Philippines shrank dramatically to 2.4K tons, reducing by -34.2% against the previous year. Over the period under review, exports showed a sharp slump. The smallest decline of -18.6% was in 2021.
In value terms, inflator system airbag exports contracted rapidly to $56M in 2022. In general, exports faced a precipitous contraction. The smallest decline of -11.5% was in 2021.
| Export of Inflator System Airbag in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 77.9 | 57.0 | 43.5 | 39.8 | -20.1% |
| China | 14.4 | 17.2 | 9.9 | 4.3 | -33.2% |
| Thailand | 5.4 | 5.0 | 3.4 | 2.8 | -19.7% |
| South Korea | 14.6 | 11.2 | 7.1 | 1.7 | -51.2% |
| India | 0.6 | 2.6 | 4.4 | 1.6 | 38.7% |
| Malaysia | 3.9 | 2.3 | 2.1 | 1.4 | -28.9% |
| United States | N/A | 0.1 | N/A | 1.3 | 260.6% |
| Indonesia | 6.4 | 8.0 | 10.9 | 1.2 | -42.8% |
| Mexico | 5.1 | N/A | N/A | 0.6 | -51.0% |
| Others | 2.5 | 0.7 | 10.7 | 1.6 | -13.8% |
| Total | 131 | 104 | 92.0 | 56.2 | -24.6% |
Top Export Markets for Inflator System Airbag from the Philippines in 2022:
- Japan (1735.7 tons)
- China (185.7 tons)
- Thailand (122.6 tons)
- South Korea (75.5 tons)
- India (70.3 tons)
- Malaysia (61.2 tons)
- United States (56.0 tons)
- Mexico (25.2 tons)
- Indonesia (24.0 tons)
Inflator System Airbag Imports in the Philippines
Inflator system airbag imports into the Philippines contracted slightly to 154 tons in 2022, with a decrease of -2.9% compared with the previous year. In general, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 2.5%.
In value terms, inflator system airbag imports declined remarkably to $2.2M in 2022. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.6%.
| Import of Inflator System Airbag in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,310 | 907 | 762 | 777 | -38.3% |
| China | 116 | 85.6 | 145 | 584 | 71.4% |
| Singapore | 13.2 | 6.2 | 23.0 | 207 | 150.3% |
| Japan | 462 | 285 | 144 | 194 | -25.1% |
| Thailand | 4,511 | 2,045 | 2,318 | 98.2 | -72.1% |
| South Korea | 4.4 | 6.1 | 7.0 | 77.4 | 160.1% |
| Germany | 220 | 22.4 | 5.0 | 51.5 | -38.4% |
| Indonesia | 313 | 193 | 198 | 30.7 | -53.9% |
| Others | 466 | 52.3 | 58.6 | 169 | -28.7% |
| Total | 9,416 | 3,601 | 3,661 | 2,188 | -38.5% |
Top Suppliers of Inflator System Airbag to the Philippines in 2022:
- China (77.8 tons)
- United States (36.4 tons)
- Singapore (9.7 tons)
- Japan (9.1 tons)
- Thailand (4.6 tons)
- South Korea (3.6 tons)
- Indonesia (3.0 tons)
- Germany (2.4 tons)
This report provides an in-depth analysis of the inflator system airbag 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 29322050 - Airbags with inflator system and parts thereof
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
-
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
-
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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