Philippines - Pumps For Dispensing Liquids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLiquid Dispensing Pump Price in the Philippines - 2023
Contents:
- Liquid Dispensing Pump Price in the Philippines (CIF) - 2022
- Liquid Dispensing Pump Price in the Philippines (FOB) - 2022
- Liquid Dispensing Pump Imports in the Philippines
- Liquid Dispensing Pump Exports in the Philippines
Liquid Dispensing Pump Price in the Philippines (CIF) - 2022
In 2022, the average liquid dispensing pump import price amounted to $150 per unit, falling by -24.3% against the previous year. In general, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 58%. Over the period under review, average import prices reached the maximum at $337 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($622 per unit), while the price for Taiwan (Chinese) ($46 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Liquid Dispensing Pump Price in the Philippines (FOB) - 2022
The average liquid dispensing pump export price stood at $520 per unit in 2022, growing by 45% against the previous year. Overall, the export price, however, recorded a slight setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 127% against the previous year. As a result, the export price attained the peak level of $1,324 per unit. From 2014 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 ($693 per unit), while the average price for exports to Japan ($204 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 China (-7.7%), while the prices for the other major destinations experienced a decline.
Liquid Dispensing Pump Imports in the Philippines
In 2022, imports of pumps for dispensing liquids into the Philippines reduced markedly to 25K units, shrinking by -25.1% against the previous year. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Over the period under review, imports hit record highs at 36K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, liquid dispensing pump imports reduced dramatically to $3.8M in 2022. Overall, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 139%. As a result, imports attained the peak of $6.7M, and then dropped remarkably in the following year.
| Import of Liquid Dispensing Pump in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,527 | 644 | 1,468 | 1,023 | -12.5% |
| United States | 962 | 232 | 688 | 651 | -12.2% |
| Germany | 81.4 | 35.5 | 477 | 559 | 90.1% |
| Japan | 581 | 324 | 509 | 399 | -11.8% |
| Taiwan (Chinese) | 136 | 386 | 235 | 243 | 21.3% |
| Spain | 2.7 | 0.9 | 1.3 | 219 | 332.9% |
| Singapore | 154 | 222 | 301 | 168 | 2.9% |
| Malaysia | 296 | 88.3 | 209 | 112 | -27.7% |
| Italy | 26.0 | 70.5 | 54.0 | 65.8 | 36.3% |
| Others | 530 | 809 | 2,768 | 362 | -11.9% |
| Total | 4,298 | 2,813 | 6,711 | 3,803 | -4.0% |
Top Suppliers of Liquid Dispensing Pump to the Philippines in 2022:
- China (13.3K units)
- Taiwan (Chinese) (5.2K units)
- Japan (1.2K units)
- United States (1.0K units)
- Germany (1.0K units)
- Spain (0.8K units)
- Italy (0.6K units)
- Singapore (0.6K units)
- Malaysia (0.5K units)
Liquid Dispensing Pump Exports in the Philippines
In 2022, exports of pumps for dispensing liquids from the Philippines surged to 794 units, picking up by 115% against the previous year. Over the period under review, exports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 208%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, liquid dispensing pump exports skyrocketed to $413K in 2022. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $424K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Liquid Dispensing Pump in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.2 | 3.5 | 44.1 | 342 | 148.8% |
| Japan | 10.4 | 15.1 | 36.1 | 50.1 | 68.9% |
| South Korea | 122 | N/A | 1.9 | 8.9 | -58.2% |
| Singapore | 196 | 24.5 | 16.4 | 4.8 | -71.0% |
| United States | 33.7 | N/A | 0.9 | 1.0 | -69.0% |
| Denmark | 3.5 | N/A | 0.1 | 0.2 | -61.5% |
| Sweden | 21.3 | N/A | N/A | N/A | 0% |
| Oman | N/A | N/A | 7.0 | N/A | 0% |
| Others | 15.4 | 8.3 | 26.2 | 5.7 | -28.2% |
| Total | 424 | 51.4 | 133 | 413 | -0.9% |
Top Export Markets for Liquid Dispensing Pump from the Philippines in 2022:
- China (494.0 units)
- Japan (245.0 units)
- South Korea (41.0 units)
- Singapore (6.0 units)
- Denmark (1.0 units)
- United States (1.0 units)
This report provides an in-depth analysis of the liquid dispensing pump 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 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
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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