Report Update: Apr 1, 2024

Philippines - Pulley Tackle And Hoists, Non-Powered By Electric Motor - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Non-Electric Pulley Tackle Price in the Philippines - 2023

Non-Electric Pulley Tackle Price in the Philippines (CIF) - 2022

The average non-electric pulley tackle import price stood at $83 per unit in 2022, rising by 22% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $293 per unit in 2013; however, from 2014 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 ($103 per unit), while the price for Hong Kong SAR ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.8%), while the prices for the other major suppliers experienced a decline.

Non-Electric Pulley Tackle Price in the Philippines (FOB) - 2022

In 2022, the average non-electric pulley tackle export price amounted to $335 per unit, dropping by -48.2% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 184% against the previous year. Over the period under review, the average export prices hit record highs at $3,932 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($777 per unit), while the average price for exports to South Korea ($95 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 (+12.1%), while the prices for the other major destinations experienced a decline.

Non-Electric Pulley Tackle Imports in the Philippines

In 2022, the amount of pulley tackle and hoists, non-powered by electric motor imported into the Philippines shrank sharply to 25K units, with a decrease of -15.6% on the previous year. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, imports hit record highs at 30K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-electric pulley tackle imports amounted to $2M in 2022. Over the period under review, imports continue to indicate a sharp setback. Imports peaked at $4.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Electric Pulley Tackle in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	1,591	563	391	803	-20.4%
China	1,715	1,045	773	528	-32.5%
Taiwan (Chinese)	130	407	63.8	40.8	-32.0%
Hong Kong SAR	175	41.0	79.9	27.1	-46.3%
Others	829	576	660	636	-8.5%
Total	4,440	2,633	1,968	2,035	-22.9%

Top Suppliers of Non-Electric Pulley Tackle to the Philippines in 2022:

China (14.4K units)
Japan (7.8K units)
Hong Kong SAR (1.1K units)
Taiwan (Chinese) (0.2K units)

Non-Electric Pulley Tackle Exports in the Philippines

In 2022, approx. 1.5K units of pulley tackle and hoists, non-powered by electric motor were exported from the Philippines; rising by 1,794% on the year before. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electric pulley tackle exports surged to $500K in 2022. In general, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 1,629% against the previous year. Over the period under review, the exports attained the maximum at $684K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Non-Electric Pulley Tackle in the Philippines (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	N/A	N/A	N/A	214	0%
Singapore	N/A	N/A	50.0	197	294.0%
South Korea	N/A	N/A	1.0	66.1	6510.0%
Japan	4.2	1.8	N/A	12.2	42.7%
United States	652	N/A	N/A	N/A	0%
Others	27.7	1.2	N/A	11.9	-24.5%
Total	684	3.0	51.0	500	-9.9%

Top Export Markets for Non-Electric Pulley Tackle from the Philippines in 2022:

South Korea (698.0 units)
Netherlands (426.0 units)
Singapore (253.0 units)
Japan (77.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric pulley tackle 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 28221170 - Pulley tackle and hoists, non-powered by electric motor (other than skip hoists or hoists of a kind used for raising vehicles)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023