Philippines - Positive Displacement Pumps And Hand Pumps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPositive Displacement Pump Price in the Philippines - 2023
Contents:
- Positive Displacement Pump Price in the Philippines (CIF) - 2022
- Positive Displacement Pump Price in the Philippines (FOB) - 2022
- Positive Displacement Pump Imports in the Philippines
- Positive Displacement Pump Exports in the Philippines
Positive Displacement Pump Price in the Philippines (CIF) - 2022
The average positive displacement pump import price stood at $17 per unit in 2022, with an increase of 2.6% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2014 an increase of 33%. The import price peaked at $30 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($59 per unit), while the price for China ($9.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.8%), while the prices for the other major suppliers experienced a decline.
Positive Displacement Pump Price in the Philippines (FOB) - 2022
The average positive displacement pump export price stood at $46 per unit in 2022, falling by -50.6% against the previous year. Over the period under review, the export price saw a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 70% against the previous year. As a result, the export price reached the peak level of $358 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($386 per unit), while the average price for exports to New Zealand ($1.7 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 Thailand (+0.4%), while the prices for the other major destinations experienced a decline.
Positive Displacement Pump Imports in the Philippines
In 2022, approx. 770K units of positive displacement pumps and hand pumps were imported into the Philippines; increasing by 9.1% against 2021 figures. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 36%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, positive displacement pump imports rose rapidly to $13M in 2022. The total import value increased at an average annual rate of +4.5% over the period 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 with an increase of 31% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Positive Displacement Pump in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.5 | 2.9 | 2.7 | 5.3 | 28.5% |
| China | 4.7 | 3.8 | 4.5 | 4.6 | -0.7% |
| United States | 1.2 | 0.3 | 0.4 | 0.8 | -12.6% |
| Taiwan (Chinese) | 0.2 | 0.4 | 0.3 | 0.7 | 51.8% |
| Thailand | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| South Korea | 0.7 | 0.2 | 0.4 | 0.2 | -34.1% |
| Others | 1.9 | 1.2 | 3.1 | 1.0 | -19.3% |
| Total | 11.4 | 8.8 | 11.6 | 13.0 | 4.5% |
Top Suppliers of Positive Displacement Pump to the Philippines in 2022:
- China (477.2K units)
- Japan (174.0K units)
- Taiwan (Chinese) (49.5K units)
- Thailand (21.5K units)
- United States (13.8K units)
- South Korea (12.2K units)
Positive Displacement Pump Exports in the Philippines
In 2022, overseas shipments of positive displacement pumps and hand pumps decreased by -8.5% to 6K units, falling for the second year in a row after two years of growth. Overall, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 333% against the previous year. As a result, the exports attained the peak of 18K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, positive displacement pump exports plummeted to $279K in 2022. In general, exports faced a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 387% against the previous year. As a result, the exports attained the peak of $2.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Positive Displacement Pump in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.0 | 657 | 170 | 154 | 180.2% |
| Japan | 74.9 | 75.1 | 37.2 | 22.5 | -33.0% |
| Australia | 8.9 | N/A | 6.5 | 11.7 | 9.5% |
| Thailand | 31.8 | 1,255 | 64.1 | 11.2 | -29.4% |
| Indonesia | 72.8 | 1.5 | 31.6 | 1.6 | -72.0% |
| New Zealand | N/A | N/A | N/A | 0.2 | 0% |
| Others | 240 | 129 | 307 | 78.1 | -31.2% |
| Total | 435 | 2,117 | 617 | 279 | -13.8% |
Top Export Markets for Positive Displacement Pump from the Philippines in 2022:
- Singapore (4470.0 units)
- Australia (767.0 units)
- Japan (466.0 units)
- New Zealand (106.0 units)
- Thailand (29.0 units)
- Indonesia (14.0 units)
This report provides an in-depth analysis of the positive displacement 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 28131145 - Positive displacement pumps, hand pumps
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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